Novo Nordisk B A/S (NVO), the Danish pharmaceutical firm, has announced it's looking into claims made by the cyber extortion group FulcrumSec, which alleges that over a terabyte of company data was stolen after Novo Nordisk supposedly refused to pay a $25 million ransom.
Google has launched Android 17, introducing new multitasking, gaming, productivity, and security features. The latest Android update will roll out first to eligible Pixel devices and expand to other Android smartphones later in 2026. One of the headline additions is Bubbles, which allows users to...
Elon Musk's spaceflight company Space Exploration Technologies Corp. or SpaceX (SPCX) announced Tuesday that its wholly-owned subsidiary X67, Inc. has agreed to merge with and into Cursor, the artificial intelligence (AI) coding startup developed by Anysphere, Inc., in an all-stock deal valued at about $60 billion.
Yum! Brands, Inc. announced Tuesday its definitive agreement to sell its popular brand Pizza Hut in two separate deals for $2.7 billion in the aggregate, subject to certain purchase price adjustments. Further, the firm's Board of Directors approved an incremental $4 billion share repurchase authorization, which will be conducted with the net after-tax proceeds.
Carvana, the online retailer that revolutionized the used-car market, is making a bold move into new vehicle sales by acquiring seven franchised dealerships. Experts in the industry suggest this could significantly change the traditional auto retail landscape in the U.S.
McDonald's is making a splash by bringing back one of its most cherished items the original Fried Apple Pie for a limited run after being gone for over three decades.
The U.S. Department of Justice has asked a federal court in Mississippi to throw out a lawsuit from the NAACP against SpaceX and its AI division, xAI. The DOJ argues that this lawsuit could pose risks to national security and the advancement of AI in America.
Safe Bulkers Inc. (SB) released earnings for its first quarter that Increases, from last year The company's earnings totaled $20.20 million, or $0.20 per share. This compares with $5.24 million, or $0.05 per share, last year. Excluding items, Safe Bulkers Inc. reported adjusted earnings of $18.73...
Jabil Inc. (JBL) announced earnings for its third quarter that Increases, from the same period last year The company's earnings totaled $275 million, or $2.59 per share. This compares with $222 million, or $2.03 per share, last year. Excluding items, Jabil Inc. reported adjusted earnings of $336...
Jabil Inc. (JBL) stock rose 4.39 percent, or $16.50, to $392.01 after the electronics manufacturing services provider reported higher fiscal third-quarter earnings and revenue.
Our Bond, Inc. (OBAI) stock gained 13.51 percent, or $0.15, to $1.26 after the company announced it had been awarded a government-funded contract in the United States that is expected to general
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Cosmos Health Inc. (COSM), an integrated healthcare company, on Wednesday announced entering a five-year contract manufacturing agreement with Pharmex S.A. via its wholly owned subsidiary Cana Laboratories. The company has agreed to manufacture three pharmaceutical products at Cana's EU-GMP-licensed,...
Lunai Bioworks (LNAI) shares rose more than 50% after the company released a CEO letter outlining major advancements across its biodefense platform and ongoing efforts to address alleged market manipulation.
FocalTherics, formerly known as EDAP TMS S.A. (FOCL), a medical technology company, announced Tuesday that it has entered into an agreement with MellingMedical, an SBA-verified Service-Disabled Veteran-Owned Small Business, to expand access to the Focal One Robotic High-Intensity Focused Ultrasound (HIFU)...
uniQure N.V. (QURE) said the feedback came during a recent Type B meeting with the agency, where regulators confirmed that the three-year analysis from its Phase I/II study would be acceptable as the primary foundation for a BLA submission for AMT-130, its gene therapy for Huntington's disease. The company now plans to submit the application in the third quarter of 2026.
Redcare Pharmacy N.V. (SAE1.F, RDC.DE) Monday raised its full-year 2026 guidance after reporting stronger-than-expected trading during the first two months of the second quarter, driven by accelerating growth in both prescription (Rx) and non-prescription (non-Rx) sales. The online pharmacy operator...
New Zealand will on Thursday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.2 percent on quarter and 1.3 percent on year. The central bank in Indonesia will wrap up its monetary policy meeting...
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday. The Commerce Department business inventories climbed by 0.5 percent in April after jumping by an upwardly revised 1.0 percent in March.
A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.8 percent to 76.8 in May after rising by 0.3 percent to a downwardly revised 74.0 in April. Economists had expected pending home sales to advance by 0.9 percent.
U.S. home goods retailer Bed Bath & Beyond, Inc. (BBBY) on Wednesday announced that it has signed an agreement to acquire Fathom Holdings Inc (FTHM), a technology-driven residential real estate services platform. Bed Bath & Beyond did not disclose financial terms of the deal. Fathom's platform...
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.