Corporations

Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps

Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.


Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value

Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall...

Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq

Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq...

Tinder's Match Group Welcomes New Directors to Board Following Deal with Investor Elliott

Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott...


Latest News

Apple payments service may boost sales of larger iPhones
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android pl
T-Mobile adds 2.7 million customers in August, breaks company record
T-Mobile US added 2.75 million customers in August, the largest number of monthly subscriber additions in its history, the carrier announced at a company event on Wednesday.
Alibaba's record IPO covered after first few roadshow meetings: sources
Alibaba Group Holding Ltd (IPO-BABA.N) has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the
NFL's Buffalo Bills to be sold to owners of city's NHL team
The estate of longtime Buffalo Bills owner Ralph Wilson, who died earlier this year, reached an agreement on Tuesday to sell the NFL franchise to Terry and Kim Pegula, who already own the National Hoc
PDVSA seeks bids for Citgo in potential $10 billion deal - sources
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion,
Wall Street ends lower as Apple falls, bond yields rise
U.S. stocks fell on Tuesday as Apple (AAPL.O) shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had
European shares capped by Fed hike worries; M&A boosts telecoms
European shares slipped for a third straight session on Tuesday, weighed down by companies which trade dollar-denominated commodities such as oil, as investors shortened the odds on an early hike in U
Rosneft struggles to grow as sanctions hit Russia's oil champion
The Kremlin's prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world's fa
Siemens to delist from London, Swiss exchanges
German engineering group Siemens will delist its shares from the London and Swiss stock exchanges because of low trading volumes there, it said on Tuesday.
Two Japanese aluminum buyers agree to pay record premium of $420 in fourth quarter: sources
Two Japanese aluminum buyers have agreed to pay a producer a record premium of $420 per tonne for metal to be shipped in the October-December quarter, two sources directly involved in the quarterly pr
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