Shares of Threshold Pharmaceuticals Inc. (THLD) were down 64% in extended trading on Thursday as the overall results from two phase II proof-of-concept clinical trials of its drug candidate Tarloxotinib didn't warrant further development of the compound.
Qualcomm Inc. is reportedly in talks to buy NXP Semiconductors NV, in a deal that is valued at over $30 billion, as the semiconductor industry continues to consolidate.
According to a WSJ report, the companies could ink a deal in the next two to three months. Qualcomm is also exploring other deal...
After initially showing a lack of direction, stocks came under pressure over the course of the trading session on Thursday. With the pullback on the day, the major averages partly offset the gains posted in the two previous sessions.
Wal-Mart Stores Inc. (WMT) has announced a voluntary recall of about 46,300 tripod stools as a flaw in the plastic collar that connects the legs can break that can result in users to fall.
The Consumer Product Safety Commission have asked customers immediately stop using the stools and return them...
Dunkin' Brands Group Inc. (DNKN) Thursday announced that it will launch a line of ready-to-drink coffee beverages across the U.S. in early 2017. The Coca-Cola Company will make the coffee drinks and will also distribute and sell the drinks to retail stores.
Financial terms of the deal between Dunkin...
Sally Beauty Holdings (SBH) announced that its Chief Financial Officer Mark Flaherty is resigning from the company, effective September 30, to pursue other interests.
Janna Minton, currently serving as group vice president, chief accounting officer, controller, will serve as Sally Beauty's interim...
Larkburger has appointed former Taco Cabana Chief Operating Officer Todd Coerver as its new CEO.
Coerver replaces Founder Adam Baker, who resigned in June but remained interim CEO while the company searched for a replacement.
Larkburger expects Coerver to turn around the Denver-based fine fast-casual...
Donald Trump has a slim lead over Hillary Clinton in South Carolina, according to a Winthrop University poll, although the real estate tycoon is underperforming previous Republican presidential candidates in the Palmetto State. The poll found that 42 percent of likely South Carolina voters support Trump, while 38 percent prefer Clinton.
A company controlled by Republican presidential nominee Donald Trump once violated the U.S. trade embargo against Cuba by secretly conducting business on the communist island, according to a report from Newsweek.
With Election Day a little over a month away, lawmakers are headed home to campaign after narrowly averting another government shutdown. The House and Senate adjourned late Wednesday night after passing a short-term government funding bill that sets up another potential fight over spending in the lame-duck session.
Fiat Chrysler (FCAU) has announced that it will create 700 new jobs at the Sterling Heights Assembly Plant as the automaker plans to produce its next generation of Ram 1500 trucks there.
Earlier, FCA US had announced a $1.48 billion investment at the Sterling Heights Assembly Plant to produce the...
Facebook Inc. (FB) the world's largest social network, reportedly will launch the business version of its popular platform "Facebook at Work" in London on October 10.
According to the company, a Facebook at Work account will enable users to connect with coworkers and works in similar ways as Facebook itself.
After initially showing a lack of direction, stocks have moved modestly lower over the course of the trading session on Thursday. Selling pressure has remained subdued, however, limiting the downside for the markets.
Fast-casual restaurant chain Cosi Inc. and its units have filed for Chapter 11 bankruptcy protection and plans to sell itself to lenders. The move comes after the company failed to find a buyer or raise capital.
Can a washing machine explode just like a bomb?
A lawsuit filed in the federal court in New Jersey alleged that there was loud noise and damage to garage wall as the washing machine went off with a violent boom. Samsung is facing federal class action lawsuit from customers. There were similar reports...