Day: December 6, 2023
AbbVie to acquire neuroscience drugmaker Cerevel Therapeutics for $8.7 billion
A sign stands outside a Abbvie facility in Cambridge, Massachusetts, May 20, 2021. Brian Snyder | Reuters AbbVie on Wednesday said it will acquire neuroscience drugmaker Cerevel Therapeutics for roughly $8.7 billion. Under the terms of the deal, AbbVie will pay $45 per share for Cerevel. AbbVie said it expects to complete the acquisition in […]
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Norman Lear died at 101—here's his No. 1 piece of information for a very long, satisfying lifetime
Norman Lear, producer of some of America’s most common television displays, has died at 101. Typically known for his comedies, the long listing of reveals he produced consist of “All in the Spouse and children,” “The Jeffersons” and “Sanford and Son.” Lear ongoing to do the job appropriate until the stop. A pair several years […]
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McDonald's to open first CosMc's spinoff restaurant this week
McDonald’s CosMc’s Restaurant. Courtesy: McDonald’s McDonald’s will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois. The fast-food giant plans to open 10 CosMc’s locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald’s will then spend a year analyzing data to decide whether […]
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Meta and Microsoft say they will acquire AMD's new AI chip as an option to Nvidia
Lisa Su shows an ADM Intuition M1300 chip as she provides a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Photographs Meta, OpenAI, and Microsoft said at an AMD investor party on Wednesday they will use AMD’s latest AI chip, the […]
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Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Wall Street CEOs on Wednesday pushed […]
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China e-cigarette titan behind 'Elf Bar' floods the U.S. with illegal vapes
A smoker inhales a disposable e-cigarette made by Elf Bar, which is presenting it to visitors at the Intertabac trade fair. Roberto Pfei | Picture Alliance | Getty Images A new breed of e-cigarette has addicted teenagers and confounded regulators worldwide by offering flavors like Blue Cotton Candy and Pink Lemonade in a cheap, disposable […]
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Ex-Twitter protection govt sues X for wrongful termination and retaliation
A previous Twitter protection chief has submitted a lawsuit from X, alleging he was fired just after objecting to numerous charge-chopping measures enacted shortly soon after Elon Musk purchased the enterprise final year. Lawyers representing Alan Rosa, who was Twitter’s world-wide head of security, data technologies and privateness, submitted a grievance late Tuesday in U.S. […]
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TD Cowen names this 'top quality' world sporting activities league a major stock pick for 2024, sees 60% rally
Liberty Media’s System A person Group can take the “pole position” for TD Cowen’s finest tips in 2024. Inspite of worries that fascination in System One is reaching a ceiling, as nicely as rising fragmentation in sporting activities broadcasting rights, the business thinks the organization isn’t really remaining adequately acknowledged by buyers. “We look at […]
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Disney+ adding Hulu integration as streaming bundles accelerate
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney is beginning to roll out a Hulu integration on its Disney+ streaming platform in a bid to bundle subscribers. The full launch is expected March 2024, Disney […]
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Jamie Dimon lashes out towards crypto: 'If I was the government, Iɽ shut it down'
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks for the duration of the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Road firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon lashed out at bitcoin and its peers, […]
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