Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock popped more than 47% on the news Friday morning, hitting around $317 a share. Bristol Myers Squibb shares rose more than 2%. The deal will help expand Bristol Myers’ drug … Read more
A new mother enduring excruciating pain, bleeding and bruising from a severe birth injury was dismissed with one short sentence: “you’ve just had a baby”. It is one of many stories set to be aired at the NSW parliamentary inquiry into birth trauma, sitting in Wagga Wagga on Tuesday. The committee, which has received 4000 … Read more
A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank’s goal. The core personal consumption expenditures price index, which excludes volatile food and energy prices, increased 0.1% for the month, and was up 3.2% from a year ago, the Commerce Department reported Friday. Economists surveyed by … Read more
PRAGUE (AP) — People in the Czech capital were trying to come to grips Friday with the worst mass shooting in the country’s history that left 14 dead and dozens injured. Political leaders, students, friends of the vicitms, and others came together to light candles to mourn the victims at an impromptu vigil by the … Read more
Czech police tightened security around schools and other public buildings across the country and Prague’s Charles University cancelled all lectures and events on Friday after a student shooter killed 13 people at a university building on Thursday. The shooting was the worst-ever such event in the central European country where many hold guns, some of … Read more
SmileDirectClub, the international direct-to-consumer dentistry and orthodonistry company that sold teeth aligners, has shut down less than three months after filing for Chapter 11 bankruptcy. The teledentistry company, founded in 2014, said in a statement posted on its website Friday that it “has made the incredibly difficult decision to wind down its global operations, effective … Read more
LOS ANGELES – A federal appeals court on Thursday revived a child sexual exploitation lawsuit filed by the man who appeared naked as a four-month-old on the cover of Nirvana’s 1991 album “Nevermind.” The suit says the image violated federal laws on child sexual abuse material, although no criminal charges were ever sought. … Read more
The court directed the PTI leaders to submit surety bonds of PKR 1 million each. (File) Islamabad: The Pakistan Supreme Court on Friday granted bail to former Prime Minister Imran Khan and ex-Foreign Minister Shah Mahmood Qureshi in the cypher case, Dawn reported. The court directed the PTI leaders to submit surety bonds of Pakistan … Read more
Israel broadens Gaza assault ahead of security council aid vote Israeli forces signalled they were widening their ground offensive with a new push into central Gaza on Friday, as the UN security council was expected to vote on a resolution to increase humanitarian aid to stave off the threat of famine. As hopes faded for … Read more
Kremlin hits back at claim $300bn in seized Russian assets could be handed to Ukraine Russia will never leave in peace any country that seizes its assets, the Kremlin said on Friday, saying it would look at what western assets it could seize in retaliation in such a scenario. The Kremlin was commenting on an … Read more
