J&J to acquire Ambrx Biopharma, a cancer drug developer, for $2B

J&J to acquire Ambrx Biopharma, a cancer drug developer, for B

An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Monday said it will pay $2 billion in cash to acquire Ambrx Biopharma, a drugmaker specializing in one of the hottest areas of cancer treatment. … Read more

ULA Vulcan rocket launches as the newest challenger to SpaceX

ULA Vulcan rocket launches as the newest challenger to SpaceX

The brand new rocket, United Launch Alliance’s (ULA) Vulcan Centaur, lifts off from Space Launch Complex 41d at Cape Canaveral Space Force Station in Cape Canaveral, Florida, on January 8, 2024, for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander.  Chandan Khanna | AFP | Getty Images A new U.S. rocket reached orbit early Monday, … Read more

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. A bumpy beginning 2. Boeing woes continue Boeing shares dropped in premarket trading Monday, after the FAA grounded about 171 of the company’s 737 Max 9 planes. The agency grounded the aircraft for inspections after a panel blew out … Read more

Moderna Covid vaccine sales plunge in 2023, but meet company forecast

Moderna Covid vaccine sales plunge in 2023, but meet company forecast

Nikos Pekiaridis | Lightrocket | Getty Images Moderna on Monday said its Covid vaccine sales plunged by about two-thirds in 2023 to $6.7 billion, as fewer people rolled up their sleeves for an updated version of the jab. The revenue from the shots met Moderna’s forecast for the year, even as sales plummeted from the … Read more

Best fly trap Australia: Bunnings shoppers go wild over $12 product: ‘So satisfying’

Best fly trap Australia: Bunnings shoppers go wild over  product: ‘So satisfying’

Bunnings shoppers are raving about an $11.59 product for getting rid of pesky flies over summer. The Envirosafe Fly Trap has been flying off the shelves across Australia for working as a “highly effective, non-toxic bait” that attracts the bugs to the bottle. One customer was amazed with the results after setting up the traps … Read more

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quarterly payout to shareholders to 25 cents per share will help free up capital to spend growing its pharmacy and health care businesses. New CEO Tim Wentworth said … Read more

Major change for diners as popular company TheFork leaves Australia

Major change for diners as popular company TheFork leaves Australia

Popular restaurant booking company TheFork has announced it is leaving the Australian market, in a major shake-up to the hospitality industry. “After careful consideration, we regret to inform you that TheFork will be discontinuing its operations in Australia,” the company said in a statement to users on Monday. TheFork is a leading restaurant booking platform, … Read more

WIC helps moms and kids eat. But finding what you need isn’t always easy

WIC helps moms and kids eat. But finding what you need isn’t always easy

Bianca Williams was tired of trying to find a store that either accepted federal food benefits for low-income mothers and their children or a store that had quality produce. So the Milwaukee resident — who has seven kids, including two currently being breastfed — decided in November that she’d rather turn to frozen Thanksgiving leftovers … Read more

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, Feb. 13, 2017. Jason Redmond | Reuters Boeing‘s plan to get back on solid footing after a series of quality flaws in its best-selling jet suffered a near-disastrous blow Friday when a plane panel blew out during an Alaska Airlines … Read more

Largest U.S. radio company Audacy files for bankruptcy protection

Largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection to reduce its debt. The restructuring agreement will allow Audacy to slash its total … Read more