Carson Block’s Latest Short Bet Is Burned by Novartis M&A Deal
Carson Block’s Muddy Waters wager against a hedge-fund favorite, Chinook Therapeutics Inc., took a hit Monday after Novartis
1970-01-01 08:00
Billionaire Who Owned Much of London’s Chelsea Dies at 86
Charles Cadogan, the billionaire aristocrat behind one of London’s biggest real estate fortunes, has died. He was 86.
1970-01-01 08:00
JPMorgan Agrees to Pay $290 Million to Settle Epstein Case
JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from
1970-01-01 08:00
Panel to Discuss If There’s a Successor for Credit Suisse’s CDS
The panel that oversees the credit-default swap market, the Credit Derivatives Determinations Committees, will discuss whether there’s a
1970-01-01 08:00
Hotelier Ian Schrager Aspires to Be More Like Apple Instead of Marriott
Ian Schrager’s breakup with Marriott International Inc., by all accounts, has been a slow and gentle adieu. The
1970-01-01 08:00
US, Canada Cities Risk Smoke as Fires Still Burn: Weather Watch
The air quality is in the moderate range across most of the US Northeast and parts of Canada,
1970-01-01 08:00
Salesforce Touts AI Strategy, Doubles Investment in Startups
Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment in AI
1970-01-01 08:00
Shell CEO’s New Strategy Sees a Long-Term Future for Natural Gas
Shell Plc sees a long-term role for natural gas in the world’s energy mix and aims to expand
1970-01-01 08:00
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
1970-01-01 08:00
Reddit Blackout Begins as Forums Protest Charges for Developers
Millions of Reddit fans will find themselves locked out of their favorite pages in the coming days, as
1970-01-01 08:00
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
1970-01-01 08:00
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs
1970-01-01 08:00