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Merck Buying Drug Targeting B-Cell Diseases for Up to $1.3 Billion

Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases.

By Linda

Algonquin Power to Sell Renewable Energy Business for $2.5 Billion

Algonquin Power & Utilities has agreed to sell its renewable energy business for $2.5 billion as it transforms into a

By Linda

Netflix Taps CBS Sports to Produce Its Christmas NFL Games

Netflix said it has struck a deal to have CBS Sports produce the two National Football League games the streamer

By Linda

Warner Bros. Discovery Posts Nearly $10 Billion Loss

The loss includes a $9.1 billion impairment charge tied to the plunging value of its linear networks.

By Linda

Huge Fire Sparked by a Mercedes-Benz EV Adds to Safety Concerns Dogging Industry

A blaze in South Korea prompts debate over whether electric vehicles should be allowed in the country’s ubiquitous underground parking

By Linda

Elon Musk's X Sues Advertising Coalition Over 'Massive' Boycott

The lawsuit alleges companies including CVS Health, Mars and Unilever unfairly targeted the social-media platform over safety standards.

By Linda

Churchill Downs Invests Beyond Kentucky Derby

The Louisville, Ky.-based company, which owns racetracks and casinos, and operates an online gambling business, plans to devote most of

By Linda

Don Lemon Sues Elon Musk and X for Canceling Partnership Deal

The billionaire terminated an agreement after a contentious interview with the former CNN anchor.

By Linda