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BioMarin to Acquire Amicus Therapeutics for $4.8 Billion, Expanding Position as a Leader in Rare Diseases, Accelerating Revenue Growth and Strengthening Financial Outlook - BioMarin Pharmaceutical
BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) and Amicus Therapeutics (Nasdaq: FOLD) announced today that BioMarin has entered into a definitive agreement to acquire Amicus for $14.50 per share in an all-cash transaction for a total equity value of approximatel…
UnitedHealth Group commits to improvements after independent audit, patient backlash - CNBC
The company said it has adopted 23 ongoing "action plans" to track and implement recommended improvements, all of which will be completed by the end of March.
Quad witching, Nike slides, weed rules and more in Morning Squawk - CNBC
Here are five key things investors need to know to start the trading day.
Retail sales fall as Black Friday deals fail to lure shoppers - BBC
Supermarket sales fell for the fourth month in a row, while discounts did not lift Black Friday spending in November, figures suggest.
Waller had a 'strong interview' for Fed chair with Trump as president appears to turn focus to job market - CNBC
The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job.
Here’s why concerns about the wobble in stock-market darlings may be misplaced - MarketWatch
A more critical view of AI winners is sensible, says Nomura analyst
Inside Charlamagne Tha God's Business Empire—And His New $200 Million Contract - Forbes
Radio personality Charlamagne Tha God recently signed a $200 million deal with iHeartMedia. Now he has ambitious plans to turn his Black Effect network into the BET of podcasting.
Meta's 28-year-old billionaire prodigy says the next Bill Gates will be a 13-year-old who is 'vibe coding' right now - Fortune
Teenagers, Alexandr Wang argues, have a built-in edge.
WH Smith probed by regulator over accounting error - BBC
The retailer says it plans to claw back bonuses awarded to executives at its North America business as a result of the mistakes.
Exclusive: Your kid's holiday toy could be a listening device, report says - Axios
Connected toys like tablets, smartwatches, and robots now store everything from a kid's photos to their location.
I’m the former head of Pfizer R&D. I’m very worried about biopharma’s future - statnews.com
The New York Times once called John Lamattina, then Pfizer head of R&D, “Dr. Optimistic.” He’s not so optimistic now.
GLP-1 pills are on the way. Here's what to know : Short Wave - NPR
You may have heard of Ozempic, and other GLP-1 drugs. They’re everywhere. And they typically involve weekly injections — which can have a sticker price of over a thousand dollars a month. And insurance coverage has been tricky to navigate for a lot of people.…
Japan raises interest rates to highest level in 30 years - Financial Times
Yields on 10-year government bonds hit highest level since 1990s after central bank’s fourth rate increase
Japan hikes interest rate to highest level since 1995 as inflation bites - BBC
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - CNBC
The hike comes against the backdrop of rising inflation and a weak Japanese economy.
China boosts AI chip output by upgrading older ASML machines - Financial Times
Restricted chipmaking tools are being retrofitted to make advanced AI chips, exposing cracks in US-led export controls
TikTok owner agrees to sell US business - BBC
The deals would end years of efforts by Washington to force ByteDance to sell its US operations.
Police search for suspect involved in shooting outside Kroger in Westland - ClickOnDetroit | WDIV Local 4
Police are searching for the suspect who shot a victim outside a Kroger in Westland.
S&P 500 futures are little changed after index ends four-day losing run: Live updates - CNBC
The S&P 500 and Dow Jones Industrial Average both snapped their four-day losing streaks in Thursday's regular trading.
The TikTok US sale is finally happening - The Verge
TikTok’s deal to sell stakes in its US-based operations to Oracle, Silver Lake, and MGX is expcted to close on January 22nd.