Gilead Sciences Inc said on Monday it would buy Forty Seven Inc for $4.9 billion in cash, adding an experimental treatment that targets blood cancer to its portfolio of oncology drugs.
Jack Welch, who grew General Electric Co during the 1980s and 1990s into the most valuable public company in the United States, has died at age of 84, the conglomerate said on Monday.
"Unless the Fed can create a vaccine or beat the virus, then it really doesn't matter," CNBC's Jim Cramer said Monday.
Fugitive ex-Nissan boss Carlos Ghosn should stand trial in Japan, a Japanese government minister told the Lebanese government during a visit to Beirut on Monday, adding that Beirut had agreed to cooperate but without saying how.
China’s Huawei Technologies, which for years has denied violating American trade sanctions on Iran, produced internal company records in 2010 that show it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator.
Many Americans fear the coronavirus outbreak could prevent them from working and getting paid. Here's how to kickstart an emergency fund.
Oil prices rose over 2% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.
Blackstone Group Inc has reshuffled its London-based private equity team in charge of energy while trying to sell all or part of its flagship investment, North Sea oil and gas producer Siccar Point.
The White House will hold meetings this week with top executives from U.S. airlines and the cruise industry amid the growing coronavirus outbreak, a spokeswoman for Vice President Mike Pence confirmed Monday.
The U.S. central bank will deliver a big dose of stimulus starting this month in a bid to protect the world's biggest economy from the impact of the spread of the new coronavirus, based on the price of futures contracts tied to the Federal Reserve's policy rate.
Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries.
Goldman Sachs Group Inc has told its staff that all non-essential international business travel should be postponed, according to a memo seen by Reuters.
Banks and exchanges in Europe are readying out-of-town offices, splitting shifts and isolating some teams to ensure they can keep trading if coronavirus spreads in more major financial centers.
Barring an October 2008 plunge of 14.6%, quick market sell-offs tend to lead to positive returns just two weeks after the fall.
ProfGalloway | Scott Galloway | Feb 28, 2020 The worst thing about a cataclysmic weather event, or a single-stranded-RNA virus that wipes out the species is … it might impact the economy. Take my eyes, but don’t let the NASDAQ breach 8,000! That’s how it feels, no? In a capitalist society, good or bad, the first