Amgen agrees not to seek quick close to Horizon acquisition
WASHINGTON (Reuters) – Amgen Inc has agreed not to quickly close on its $27.8 billion acquisition of Horizon Therapeutics after…
Business
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for…
‘ESG’ in U.S. finance job titles comes with 20% pay premium
By Isla Binnie NEW YORK (Reuters) – U.S.-based bankers and money managers whose job titles include “ESG” or “sustainability” earn…
TuSimple to restructure US business, lay off 30% staff (May 18)
(This May 18 story has been corrected to say that the company will reduce its global workforce by 30%, not…
Yellen told bank CEOs more mergers may be necessary, CNN reports
By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more…
Instagram prepares Twitter competitor for summer release – Bloomberg News
(Reuters) – Meta Platforms’ Instagram is planning to release a text-based app that will compete with Twitter and may debut…
Catalent cuts forecast, delays results again as challenges mount
By Bhanvi Satija and Pratik Jain (Reuters) -Contract drug manufacturer Catalent Inc on Friday slashed its full-year forecasts for profit…
Inflation fight risks central banks’ credibility and autonomy, BIS warns
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if…
ECB must continue inflation fight ‘with determination’, Schnabel says
LONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising,…
Samsung not planning to replace Google with Bing in phones – WSJ
(Reuters) -Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft Corp’s Bing any…