Novartis announced on Tuesday that it will acquire New York-based Tourmaline Bio in a deal valued at approximately $1.4 billion. Under the agreement, Novartis will pay $48 per share for Tourmaline, adding
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China’s largest carmaker, BYD, has announced plans to produce electric vehicles in Europe within the next three years as it looks to bypass tariffs and expand its presence in the competitive European
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OPEC+ has agreed to raise oil production in October, though at a slower pace than in previous months, as global demand shows signs of weakening. The decision, announced on Sunday after an
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Cathie Wood’s ARK Invest has continued building its crypto-focused portfolio, acquiring more shares of BitMine Immersion Technologies and crypto exchange Bullish. According to trade filings, ARK’s three flagship ETFs — Innovation (ARKK),
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Commerce Secretary Howard Lutnick suggested that the Bureau of Labor Statistics’ (BLS) new jobs report would be more reliable after President Donald Trump’s decision to remove former Commissioner Erika McEntarfer. Speaking on
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Dogecoin has climbed 10% from monthly lows of $0.205 to an intraday high of $0.224, boosted by the launch of the first official Dogecoin treasury. The move, led by CleanCore Solutions, signals
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Salesforce has eliminated 4,000 roles in its customer support division, CEO Marc Benioff confirmed while discussing the company’s increasing reliance on artificial intelligence. The announcement was made during an interview published Friday
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Bitcoin exchange-traded products (ETPs) now collectively hold more than 1.47 million BTC, accounting for 7% of the cryptocurrency’s capped supply of 21 million coins. US-based exchange-traded funds dominate the sector, with their
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Eric Trump has voiced confidence that Bitcoin will eventually soar to a $1 million valuation, marking a bold forecast as he spoke at a major crypto gathering in Hong Kong. The remarks
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A long-running legal battle against Bitcoin treasury firm Strategy has come to an abrupt end after lead plaintiffs and an investor voluntarily dismissed their claims. According to a filing on Thursday, plaintiffs
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