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GM, Ford To Furlough More Workers As UAW Strike Intensifies
General Motors and Ford Motor reportedly said they are furloughing 500 more workers at four plants hit by the ongoing strike by United Auto Workers or UAW union seeking better contract terms. GM plans to furlough 130 employees at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center. Meanwhile, Ford would furlough 330 workers at its Chicago Stamping and Lima, Ohio Engine plants.
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672 dias atrás
UroGen Pharma Says FDA Approves Plan For Rolling NDA Submission For UGN-102 From January 2024
Biotech company UroGen Pharma Ltd. (URGN) announced Tuesday that it has reached agreement with the U.S. Food and Drug Administration (FDA) on plans for submission of a New Drug Application (NDA) for UGN-102 (mitomycin) for intravesical solution.
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672 dias atrás
Syneos Health Appoints Colin Shannon To Succeed Michelle Keefe As CEO
Biopharmaceutical solutions firm Syneos Health, Inc. (SYNH) announced Tuesday that Colin Shannon has been appointed Chief Executive Officer, effective immediately. Shannon succeeds Michelle Keefe, who will continue her tenure with Syneos Health as a key member of the Executive Leadership Team. Shannon and Keefe will remain on the Board of Directors.
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672 dias atrás
Boeing Delivers First Boeing 777 Freighter To Silk Way West Airlines
The Boeing Co. (BA) announced Tuesday that cargo carrier Silk Way West Airlines has taken delivery of the first Boeing 777 Freighter at Heydar Aliyev International Airport as part of its fleet modernization with five of these aircraft.
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672 dias atrás
Bay Street Likely To Open Weak
It's likely to be a weak start for Canadian shares on Tuesday, with commodities extending their losses, and European and Asian stocks posting losses amid concerns about global economic slowdown.
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672 dias atrás
IA American Holdings To Acquire Vericity In About $170 Mln All Cash Deal
iA Financial Corp., Inc., the holding company of iA Financial Group (IAG.TO), announced Tuesday it has entered into a definitive merger agreement whereby iA American Holdings, Inc., a subsidiary of the Company, will acquire Vericity, Inc. (VERY) for $11.43 per share or a total cash consideration of about $170 million. The deal will be funded by iA with cash in hand.
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672 dias atrás
ALX Oncology Reports Positive Interim Phase 2 Data From ASPEN-06 Trial Of Evorpacept For Cancer
Immuno-oncology company ALX Oncology Holdings Inc. (ALXO) announced Tuesday positive prespecified interim Phase 2 data from its ASPEN-06 clinical trial, a randomized multi-center international study evaluating evorpacept, the Company's CD47 blocking therapeutic, in combination with trastuzumab, CYRAMZA (ramucirumab) and paclitaxel for the treatment of patients with HER2-positive gastric/gastroesophageal junction (GEJ) cancer.
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672 dias atrás
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Sensex, Nifty End Lower On Weak Global Cues
Indian shares ended Tuesday's session modestly lower, reflecting weak global sentiment.
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672 dias atrás
Australia Central Bank Keeps Rate Steady For Fourth Session
The Reserve Bank of Australia kept its key interest rate unchanged in the first policy session chaired by the new governor Michele Bullock as policymakers assessed that the past rate hikes are working to bring inflation down to the target. The RBA policy board decided to maintain the cash rate target at 4.10 percent, in line with economists' expectations.
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672 dias atrás
European Shares Mixed Amid Growth Worries; FTSE 100 Rises As Food Prices Fall
European stocks were broadly lower on Tuesday as inflation and interest-rate worries persisted.
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672 dias atrás
FTSE 100 Edges Higher As Food Prices Fall In September
U.K. stocks traded higher on Tuesday, after having suffered heavy losses in the previous session on concerns about inflation and further interest-rate rises.
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672 dias atrás
FCC Fines Dish Network $150K In First-ever Space Debris Penalty
In a first, the Federal Communications Commission or FCC has issued a penalty related to space debris to Dish Network Corp. for failure to properly deorbit its EchoStar-7 satellite. The FCC said its Enforcement Bureau has reached a breakthrough settlement of its investigation into DISH, which admitted its liability for failing to properly dispose of the EchoStar-7 broadcast communications...
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672 dias atrás
CAC 40 Struggles For Direction As Growth Worries Weigh
French stocks were little changed in cautious trade on Tuesday as investors continued to fret about inflation, rising interest rates and the health of the global economy.
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672 dias atrás
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