Formycon halts a Phase III trial for biosimilar FYB206 after encouraging U.S. FDA feedback, highlighting a strategic pivot to save costs. The decision is
Bain Capital withdrew from seeking a controlling stake in Fujisoft, leaving KKR as the leading bidder. KKR’s increased offer of ¥9,850 outbid Bain’s initial
Blue Origin is reducing its workforce by 10% to streamline operations, mainly affecting its Huntsville engine production hub. This strategic downsizing targets engineering, R&D,
Silicon Valley tech giants like Apple, Amazon, and Google are major forces in global finance and innovation. Apple uses significant stock buybacks to enhance shareholder value and maintain market leadership. Amazon invests in logistics and cloud computing, dominating in both areas with rapid delivery and expansive server farms. Google ventures into new technologies, focusing on autonomous vehicles and renewable energy
Silicon Valley tech giants like Apple, Amazon, and Google are major forces in global finance and innovation. Apple uses significant stock buybacks to enhance shareholder value and maintain market leadership. Amazon invests in logistics and cloud computing, dominating in both areas with
Lucid Motors has achieved its sixth consecutive quarter of increased vehicle deliveries, with 3,109 vehicles delivered in Q1 2025, marking a 58% year-over-year growth. Lucid’s Casa Grande, Arizona plant produced over 2,200 vehicles in early 2025, while 600 vehicles were sent to
Access for All in ALS (ALL ALS) Consortium launches a digital platform, ALL-ALS.org, to empower ALS research collaboration. Supported by the NIH, this initiative unites 35 clinical sites across the U.S. and Puerto Rico, led by Phoenix’s Barrow Neurological Institute and Boston’s
Costco members can enjoy a $255 discount on the GM Energy PowerShift Charger, reducing its price by 15% to $1,444 when purchased from a GM dealer. The high-performance 19.2-kW charger provides 51 miles of range per charging hour, outperforming less powerful models.
Japan is moving to classify cryptocurrencies as financial products, aligning digital assets with stricter trading laws. The Financial Services Agency (FSA) in Japan is considering legal reforms to regulate cryptocurrencies using insider trading laws. These potential changes highlight a global trend toward
Tesla showrooms worldwide are epicenters of protests against Elon Musk’s role as head of the Department of Government Efficiency under President Trump. Protesters, once Tesla supporters, now call for boycotts to challenge Musk’s political influence and Elon Musk’s wealth, estimated at $340
Wolfspeed’s share price plummeted by 58%, reflecting significant financial and strategic challenges. The company forecasts a net loss of $270 million to $295 million, contrasting with the semiconductor industry’s modest 2.5% growth. A leadership transition sees Robert Feurle as the new CEO,
Lumen Technologies’ stock faced a 16% drop, highlighting the financial challenges amidst market uncertainty. The company is advancing technologically, notably through a successful 1.2 terabit wavelength service trial with Ciena. Rumored acquisition talks with AT&T regarding consumer fiber operations add to investor
At 50, Mónica Naranjo exemplifies resilience and creativity in the music industry, maintaining her iconic status. Her career began at 16, gaining traction in Mexico before achieving success in Spain with hit albums and performances. Signature songs like “Desátame” and “Pantera en