Business
UAW Launches Expansive Strike at Stellantis Plant, Disrupting RAM 1500 Production
In a significant escalation of its strike action, the United Auto Workers (UAW) union deployed 6,800 workers to walk out of Stellantis’ largest assembly plant...
Revolutionizing Cancer Treatment: Apollomics’ Vebreltinib Shows Remarkable Efficacy in Clinical Trial
Apollomics, a pioneering clinical-stage biopharmaceutical company, unveiled compelling efficacy and safety data for its groundbreaking drug, vebreltinib, derived from the KUNPENG clinical trial, during the...
Li-Cycle Holdings Stock Value Plummets 41%: Rochester Hub Project Faces Suspension
Li-Cycle Holdings Corp., a prominent player in the lithium-ion battery resource recovery industry, found itself at a critical juncture today as its stock value plummeted...
Mega-Merger Alert: Chevron Set to Acquire Hess Corporation for $53 Billion
In a significant move within the US oil sector, Chevron Corporation has inked a deal to acquire Hess Corporation for a staggering $53 billion in...
Transforming Health: LumiraDx, AstraZeneca, and Everton FC’s Visionary Partnership
In a historic development, small-cap medical technology firm LumiraDx Ltd (NASDAQ:LMDX) experienced an unprecedented surge of 174% during early trading on Monday, propelled by a...
Creative Realities Projects Strong Revenue Growth, Exceeds Analyst Expectations
Creative Realities, a leading force in digital signage and media solutions, has unveiled projections indicating a substantial boost in revenue for the second half of...
Comerica Anticipates Decline in Net Interest Income Amidst High Interest Rates
Comerica, headquartered in Texas, announced on Friday that it expects a decline in its net interest income (NII) for the current quarter, reflecting challenges faced...
GM, Ford, Stellantis Propose 30% Wage Increase Amid Ongoing Auto Worker Strike
In a significant shift, General Motors (GM), Ford, and Stellantis extended an olive branch to over 34,000 striking auto workers on Friday, presenting an offer...
Volkswagen Lowers 2023 Profit Margin Outlook Due to Raw Material Challenges
Europe’s leading automaker, Volkswagen announced on Friday a downward revision of its profit margin forecast for 2023, citing adverse impacts stemming from raw material hedges...
American Express Surpasses Expectations with Q3 Profits
Credit card powerhouse American Express unveiled third-quarter (Q3) profits on Friday that outperformed projections, bolstered by unwavering expenditure from its affluent clientele. Despite mounting concerns...