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Business, Stocks

“Immunomedics shares double after Gilead agrees to buy the cancer drugmaker in $21 billion deal”

“Gilead Sciences will acquire biotech company Immunomedics in a $21 billion deal that will expand Gilead’s availability of cancer treatments, the companies announced on Sunday.  Shares of Immunomedics surged more than 100% in premarket trading Monday. The deal will provide Gilead access to the drug Trodelvy, a… Continue Reading…

Business

“Papa John’s agrees to open 49 new sites as sales surge…”

“The company announced Thursday a deal in which franchisee HB Restaurant Group will open 49 new locations in Philadelphia and southern New Jersey by 2028. It’s one of Papa John’s biggest such deals in two decades. HB Restaurant Group currently… Continue Reading…

Economy

“White House, Congress agree on $2 trillion virus rescue bill”

“The White House and Senate leaders of both parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed measure… Continue Reading…

Economy, Real Estate

“Democrats, Trump Agree to Aim for $2 Trillion Infrastructure Package”

“Democratic congressional leaders said President Trump agreed to aim for a $2 trillion infrastructure package in a White House meeting on Tuesday, though the two sides didn’t discuss how it would be paid for, and Capitol Hill Republicans are unlikely… Continue Reading…

Banking, Economy, Personal Finance

“Mastercard and Visa agree to cut overseas card fees”

“Mastercard and Visa have both agreed to cut their fees for tourists using their cards in the EU, after a long-running battle with the European Commission. The credit card firms will now charge retailers around 40% less on non-EU credit… Continue Reading…