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Germany’s Merck Nears Roughly $3.5 Billion Deal for SpringWorks
Market Updates

Germany’s Merck Nears Roughly $3.5 Billion Deal for SpringWorks

Germany’s Merck KGaA is finally nearing a roughly $3.5 billion deal for SpringWorks Therapeutics a U.S. biopharmaceutical company that specializes in rare diseases and cancer. The two parties are disc...

  • April 24, 2025 03:51 PM PDT
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Intel CEO unveils major workplace overhaul to boost innovation, slams 'suffocating' bureaucracy
Market Updates

Intel CEO unveils major workplace overhaul to boost innovation, slams 'suffocating' bureaucracy

Intel (INTC) CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a major workplace overhaul that aims to boost innovation. The chief ex...

  • April 24, 2025 03:50 PM PDT
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Google Says End of ‘De Minimis’ Exemption to Pose Headwind
Market Updates

Google Says End of ‘De Minimis’ Exemption to Pose Headwind

Google expects a headwind from the Trump administration’s plan to close a loophole that previously waived tariffs on shipments coming into the country valued at less than $800, an executive said in a...

  • April 24, 2025 03:46 PM PDT
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T-Mobile Reaches 5G Advanced Nationwide Milestone: Unlocks the Modern Wireless Network for Consumers, Businesses and Developers
Market Updates

T-Mobile Reaches 5G Advanced Nationwide Milestone: Unlocks the Modern Wireless Network for Consumers, Businesses and Developers

AI automation, immersive technology like AR/XR and a seemingly infinite number of new industrial use cases will all benefit from the latest technological step forward What’s the news: T-Mobile now has...

  • April 24, 2025 03:34 PM PDT
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Intel CEO says he met with TSMC CEO to discuss collaboration
Market Updates

Intel CEO says he met with TSMC CEO to discuss collaboration

SAN FRANCISCO (Reuters) -Intel CEO Lip-Bu Tan met recently with Taiwan Semiconductor Manufacturing Co's CEO to discuss how the two companies could collaborate, Tan said during a conference call with a...

  • April 24, 2025 03:29 PM PDT
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Intel Sees ‘Probability of a Recession’ From Tariffs
Market Updates

Intel Sees ‘Probability of a Recession’ From Tariffs

Intel cautioned that higher costs from the Trump administration’s tariffs created economic uncertainty for the chip maker. “We will certainly see costs increase and we feel it prudent to anticipate” a...

  • April 24, 2025 03:24 PM PDT
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Principal Financial's profit rises on higher premiums, fee income
Market Updates

Principal Financial's profit rises on higher premiums, fee income

(Reuters) -Insurer Principal Financial Group reported a rise in first-quarter profit on Thursday, helped by higher premiums and fee income. The Trump administration's back-and-forth on tariffs has dri...

  • April 24, 2025 03:18 PM PDT
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Intel Q1 earnings: It's 'almost impossible' to catch up on AI
Market Updates

Intel Q1 earnings: It's 'almost impossible' to catch up on AI

Intel (INTC) stock falls after the company's weaker-than-expected second quarter forecast overshadowed its first quarter earnings release. CFRA Research senior equity analyst Angelo Zino tells Julie H...

  • April 24, 2025 03:14 PM PDT
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Intel Cuts Outlook, Says Layoffs Are in Store
Market Updates

Intel Cuts Outlook, Says Layoffs Are in Store

The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove challenging. Continue Reading View Comments

  • April 24, 2025 03:09 PM PDT
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Samuel Adams Brewer Projects Tariff Hit of $20 Million or More
Market Updates

Samuel Adams Brewer Projects Tariff Hit of $20 Million or More

The brewer of Samuel Adams beer said it expects tariffs to cost it between $20 million and $30 million this year, including levies on imported aluminum as well materials imported from China for in-sto...

  • April 24, 2025 03:03 PM PDT
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