NEW YORK — Drugmaker Bristol Myers Squibb is acquiring Karuna Therapeutics, a biopharmaceutical company that has developed a new antipsychotic, in a $14 billion deal. Bristol Myers Squibb and Karuna announced their merger agreement on Friday. The transaction, which amounts to $330 per share in cash, offers a premium of 53% over Karuna’s stock on … Read more
When Courtney Fitzsimmons splashed out $3500 on a designer dress, she knew she spontaneously paid for something she was only going to wear once or twice. “I’m a single mum of four kids and could have paid half a term of school fees,” the 33-year-old tells 7Life. “I couldn’t return the runway dress from Zimmermann … Read more
MANCHESTER, England — After a decade without winning the Premier League, Manchester United announced Sunday that it had agreed to sell a minority stake in the storied club to Jim Ratcliffe in a deal that would also see the British billionaire and boyhood fan take control of its soccer operations. The record 20-time league champions … Read more
Teeth whitening company Sparkling White Smile, which has products sold through Chemist Warehouse, has gone into liquidation. The teeth-whitening company was officially put into liquidation on Monday with Stephen Wesley Hathway from Helm Advisory appointed liquidator. Sparkling White Smile has not commented on the news, with its last social media post shared on Sunday suggesting … Read more
Jason Momoa stars as Arthur Curry, aka Aquaman, in Warner Bros.’ “Aquaman and the Lost Kingdom.” Warner Bros. Discovery “Aquaman and the Lost Kingdom” dog-paddled to a $28.1 million domestic opening, the fourth-lowest in the history of the DC Extended Universe. The film was expected to open between $32 million and $42 million. As it stands, … Read more
Harun Ozalp | Anadolu | Getty Images The free version of ChatGPT may provide inaccurate or incomplete responses — or no answer at all — to questions related to medications, which could potentially endanger patients who use OpenAI’s viral chatbot, a new study released Tuesday suggests. Pharmacists at Long Island University who posed 39 questions … Read more
Irate shareholders who sued AMP over allegations of financial misconduct have reached a $110 million out-of-court settlement, averting the need for a lengthy hearing. On the eve of a 15-day trial in the NSW Supreme Court, AMP and the Maurice Blackburn-backed class action resolved the five-year long legal battle. “I’m pleased to announce that this … Read more
Cost-of-living pressures have helped supermarket giant Coles to a 4.8 per cent profit boost, but organised crime is increasingly threatening its bottom line. The company on Tuesday reported supermarket sales revenue for the last financial year grew by 6.1 per cent, with cash profit rising to $1.1 billion from $1.05 billion the previous year. Customers … Read more
Kmart breached spam laws more than 200,000 times despite multiple warnings from the media watchdog. The Australian retailer has paid a $1.3 million fine for its breaches, having sent a stack of marketing emails to people who had already unsubscribed. An Australian Communications and Media Authority investigation found technology, system and procedural failures caused the … Read more
Soccer star Sam Kerr earned an eye-watering $3.3 million last year thanks to her football salary and major sports brand endorsements. The Matildas skipper, who holds Australia’s all-time goal-scoring record, captured the hearts of the nation in the 2023 FIFA Women’s World Cup after leading Australia to fourth place. Kerr was among the highest-paid players … Read more
