Beam Therapeutics To Streamline Business Operations; To Cut About 20% Jobs

Beam Therapeutics CFO Terry-Ann Burrell To Resign

Biotechnology company Beam Therapeutics Inc. (BEAM) announced Monday that its chief financial officer, Terry-Ann Burrell, will be leaving the company effective August 9, 2024 to pursue a new opportunity as vice chairman of investment banking at JPMorgan Chase. She served as CFO since August 2019.

RTTNews | 322 일 전

Pound Drops On Tariff Concerns

The pound fell against its major counterparts in the New York session on Monday, amid rising trade tensions due to China and the U.S. accusing each other of violating trade agreement, and the Trump administration's announcement that it would double the tariffs on steel and aluminum imports to 50% from June 4th.

RTTNews | 1 시간 58 분 전

Swiss Market Ends Modestly Lower

The Switzerland market ended weak on Monday after languishing in negative territory almost right through the day's session as geopolitical tensions and tariff concerns weighed on sentiment.

RTTNews | 4 시간 3 분 전

Major European Markets Close Weak On Tariff Jitters, Geopolitical Concerns

European stocks closed weak on Monday as rising trade tensions due to China and the U.S. accusing each other of violating trade agreement, and the Trump administration's announcement that it would double the tariffs on steel and aluminum imports to 50% from June 4th.

RTTNews | 4 시간 29 분 전

Energy, Materials Stocks Shine As TSX Rises 0.5%

The Canadian market is up in positive territory a little past noon on Monday, lifted by gains in energy, materials and communications sectors, even as the mood remains cautious amid concerns about Sino-US trade tensions, and the Trump administration's announcement that it would increase the tariffs on imports of steel and aluminum to 50% from 25%.

RTTNews | 5 시간 43 분 전

U.S. Construction Spending Unexpectedly Falls 0.4% In April

A report released by the Commerce Department on Monday unexpectedly showed a continued decrease by U.S. construction spending in the month of April. The Commerce Department said construction spending fell by 0.4 percent to an annual rate of $2.152 trillion in April after shrinking by 0.8 percent to a revised rate of $2.162 trillion in March.

RTTNews | 6 시간 8 분 전

U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May

A reading on U.S. manufacturing activity unexpectedly edged slightly lower in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.5 in May from 48.7 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.

RTTNews | 6 시간 51 분 전

UK Manufacturing Sector Shrinks Sharply

The UK factory sector shrank further in May as the weak global demand, trade tensions and rising cost burdens weighed on production and new orders, the purchasing managers' survey results from S&P Global showed on Monday. The final manufacturing PMI rose to a three-month high of 46.4 in May from 45.4 in April. The reading was also above the flash estimate of 45.1.

RTTNews | 8 시간 5 분 전

EURUSD	1.1439	GBPUSD	1.35411	AUDUSD	0.64886
USDJPY	142.651	USDCAD	1.37116	USDCHF	0.81669

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Beam Therapeutics To Streamline Business Operations; To Cut About 20% Jobs