NEW YORK (Reuters) – Shares of retirement services provider Corebridge Financial fell more than 6% on Tuesday as parent American International Group Inc looks to sell down its controlling stake.[...]
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Health
Roche looking to sell or shut down California biologic drug plant
(This May 31 story has been corrected to fix the spelling of executive’s name to Teresa, not Theresa, in paragraph 5) By Michael Erman (Reuters) – Swiss drugmaker Roche Holding AG plans to[...]
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Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago,[...]
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Analysis-Stelara patent deal puts J&J back on path to $57 billion 2025 revenue forecast
By Patrick Wingrove (Reuters) – Johnson & Johnson’s legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 coul[...]
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UnitedHealth offers over $3 billion for home health firm Amedisys
By Leroy Leo (Reuters) – UnitedHealth Group on Monday made a surprise $3.26 billion all-cash offer to acquire Amedisys Inc, pitting itself against another healthcare company set to buy the home[...]
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Analysis-Debt-ceiling deal ignores US debt time bomb
By David Lawder and Andy Sullivan WASHINGTON (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little to[...]
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Analysis-Smaller UK firms attractive targets for PE buyouts
By Shristi Achar A and Johann M Cherian (Reuters) – Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to[...]
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AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients
By Natalie Grover LONDON (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half in patients with a certain form of lung cancer who were diagnosed[...]
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Brazil poultry lobby sees little risk of nationwide export ban over bird flu
By Ana Mano SAO PAULO (Reuters) – Revised trade accords with most of Brazil’s trade partners, including China, make it unlikely the world’s largest chicken supplier will impose a nat[...]
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