U.S. Supreme Court turns away religious bias claim against Walgreens
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked…
SoftBank leads $265 million investments in two U.S.-based start-ups
(Reuters) – SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant…
France’s Sanofi to carve out active drug ingredients firm
FILE PHOTO: The logo of Sanofi is seen during the annual results news conference in Paris, France, February 6, 2020. REUTERS/Benoit Tessier PARIS (Reuters) – Sanofi (SASY.PA) plans to create…
Canceled Teck oil sands project underscores global climate-energy policy tension
WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada’s climate policy, underscores…
Exclusive: Hedge fund Third Point targets British insurer Prudential – sources
FILE PHOTO: A man walks past a Prudential sign outside offices in the City of London March 27, 2013. REUTERS/Luke MacGregor (Reuters) – Hedge fund Third Point LLC has amassed…
Pandemic fears grip Wall Street, Dow dives 800 points
(Reuters) – The Dow Jones Industrials fell more than 800 points and the S&P 500 as well as the Nasdaq hit three-week lows on Monday as a surge in coronavirus…
Mastercard to add 1,500 technology jobs in Ireland
DUBLIN (Reuters) – Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years, more than trebling its workforce in one of Ireland’s largest…
Blackstone raises offer for Japan’s Unizo, tops Lone Star’s bid
TOKYO (Reuters) – Blackstone Group (BX.N) has raised its proposed offer to buy Japanese hotel chain Unizo Holdings (3258.T) to 6,000 yen ($53.78) from 5,600 yen per share, the U.S.…
Exclusive: Germany’s Stada buys 15 GSK consumer health brands
FRANKFURT (Reuters) – Private equity-backed generic drugmaker Stada STAGn.D said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline (GSK.L) to further strengthen its prescription-free drugs…
SoftBank leads $165 million capital boost for liquid biopsy firm Karius
(Reuters) – SoftBank’s second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through…