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Obesity stocks gain on Biden’s Medicare proposal

Investing.com — The Biden administration has proposed a new rule requiring Medicare and Medicaid to cover weight loss medications for patients treating…
Stock

Roche set to acquire Poseida Therapeutics for up to $1.5 billion

In a move within the biopharmaceutical industry, Roche has announced a definitive merger agreement to acquire Poseida Therapeutics. Poseida is known for…
Stock

Exxon executive highlights focus on capital discipline over production surge

Exxon Mobil (NYSE:XOM)’s senior executive Liam Mallon addressed the Energy Intelligence Forum conference in London on Tuesday, indicating that U.S. oil and…
Stock

Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan

A look at the day ahead in U.S. and global markets from Mike Dolan Any speculation that U.S. President-elect Donald Trump would…
Stock

Exclusive-Japan PM Ishiba urges Biden to approve Nippon-US Steel deal, sources say

By Tim Kelly, David Dolan and Aishwarya Jain TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba has sent a letter to President Joe…
Stock

Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding…
Stock

Fade any rebound in the euro or European equities, BCA says

Investing.com — Investors should “fade any rebound in the euro” or European equities relative to their US counterparts, BCA Research said in…
Stock

TD Bank prepares to hire compliance monitors as US CEO reassures staff

By Nivedita Balu TORONTO (Reuters) – TD Bank is preparing to install U.S. government-ordered monitors and has moved to reassure employees that…
Stock

European markets mostly higher; Trump’s Treasury pick, German Ifoin spotlight

Investing.com — European stocks mostly edged higher Monday, with global market sentiment helped by President-elect Donald Trump’s nomination as Treasury Secretary, but…
Stock

Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine

By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning (NYSE:GLW) has offered to scrap all exclusive clauses in…
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