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Tornado Damages Key Pfizer Drugmaking Plant
Business

Tornado Damages Key Pfizer Drugmaking Plant

The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals. Source link

Investor Group Nears $125 Million Deal for CoinDesk
Business

Investor Group Nears $125 Million Deal for CoinDesk

The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link

Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
Business

Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients

The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation. 

Johnson & Johnson Rips Off the Kenvue Band-Aid
Finances

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

KKR Nears Deal for Specialty-Chemicals Maker Chase
Finances

KKR Nears Deal for Specialty-Chemicals Maker Chase

The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

U.S. leading indicators point to recession starting soon By Reuters

© Reuters. FILE PHOTO: A view shows Main Street in Elk Point, South Dakota, U.S. June 3, 2017. Picture taken June 3, 2017. REUTERS/Ryan Henriksen/File

U.S. stocks mixed as rising yields pressure tech sector
Finances

U.S. stocks are mixed after Tesla, Netflix earnings By Investing.com

© Reuters. Investing.com — U.S. stocks were mixed on Thursday after earnings reports from Netflix and Tesla. At 10:59 ET (14:59 GMT), the rose 259

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Dubai invites pitches for IPOs of taxi, parking assets

© Reuters. FILE PHOTO: General view of the Burj Khalifa and the downtown skyline in Dubai, United Arab Emirates, September 30, 2021. REUTERS/Mohammed Salem/File Photo

Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters
Finances

China’s sagging economy looms over quarterly results around the world By Reuters

© Reuters. FILE PHOTO: A man walks in the Central Business District on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter/File Photo