In the latest sign of investors ’bad appetite for new shares, Palantier Technologies Inc. Despite an unusually aggressive governance structure, the transition to public company is expected to receive a high appraisal. The data-mining-software software expert is directing the traditional IPO route and revealing it by direct listing, in which …
Read More »Nicola’s talks with major energy companies have stalled following a short-selling report
Electric-truck makers Nicola Corp and BP have been accused of misleading investors. P.L.C. Conversations between several potential partners, including, have stalled, people familiar with the matter said. The shock is the first external indication that the onset of controversy surrounding the report affects its ability to implement its business plan. …
Read More »Banned exotic plant sales on Amazon amid global seed mystery
Amazon.com Inc. AMZN -2.18% After thousands of suspicious packets from China were posted in homes around the world this summer, U.S. Foreign sales of seeds are being banned in India. Amazon’s move is a step in the right direction. Officials raised alarms about the ease of selling seeds on e-commerce …
Read More »For Covid-19 vaccine, J&J plans 60,000 subject pivotal trial
Johnson & Johnson plans to launch in late September what may be the largest clinical trial to date against a coronavirus vaccine, enrolling up to 60,000 people worldwide to test whether the experimental shot safely protects against Covid-19. The targeted enrollment, reported on a government database and confirmed by the …
Read More »States seek $ 26.4 billion from drug companies in opioid litigation
States are asking for about $ 26.4 billion from major players in pharmaceutical industry to help pay for damages caused by the opioid crisis, people familiar with the matter said, the latest question in years of litigation that companies are trying to responsible for widespread drug addiction. The current talks …
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