Tag Archives: Corporate / Industrial News

Potential Gilead blockbusters rejected by FDA. Why that’s the ‘Near-Worst-Case Scenario’ for Gilead Stock.

Text size The Food and Drug Administration on Tuesday rejected Gilead Science’s application for a will-be blockbuster arthritis medicine, blind investors. One analyst called the development a ‘near-worst-case scenario’ and a ‘shock’. Dreamstime The Food and Drug Administration’s decision to deny Gilead Science’s application for a wild medicine for blockbuster …

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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 …

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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 …

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