While Uber Technologies Inc. and Lyft Inc. prepared this week to close on riding dogs in California, alternative modes of transportation on-demand say they are ready to pick up the slack. Uber UBER, -0.54% and Lift LIFT, + 1.43% must obey a San Francisco Superior Court judge’s order by midnight …
Read More »The stock rockets from Momenta Pharmaceuticals after a $ 6.5 billion buyout with Johnson & Johnson
Shares of Momenta Pharmaceuticals Inc. MNTA, + 69.40% 69% shot to record highs in prime trade Wednesday, after biotechnology company announced agreement with Johnson & Johnson JNJ, + 0.63% in a deal valued at $ 6.5 billion. Under the terms of the deal, J&J will pay $ 52.50 for each …
Read More »US, China agree that airports between them expand to 8 per week
WASHINGTON – The United States and China have agreed to double the number of airlines’ flights that the airlines can operate between countries, from four to eight a week. The deal marks a further narrowing of a distance between the world’s two largest economies over travel restrictions imposed during the …
Read More »Trump approves of Oracle’s attempt to buy TikTok
President Donald Trump on Tuesday announced support for Oracle Corp. to buy the US operations of TikTok, adding a fresh wrinkle to the offering for the Chinese-owned video-sharing app. Oracle ORCL, + 2.20% is a new contractor in the negotiations for TikTok, whose owner ByteDance Ltd. a fall deadline for …
Read More »Why market investors need to ensure the ‘most enlightened’ election in American history
Florida 2000: The game of nightmares. Rhona Wise / Agence France-Presse / Getty Images Analysts will continue to fill out research reports with guesses as to what a Joe Biden presidency would mean if Donald Trump won a stock market election. But nothing is likely to shake financial markets coming …
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