German pharma group Merck KGaA on Tuesday sidestepped the management of takeover target Versum Materials and took its $5.9 billion offer directly to the U.S. chemical company’s shareholders.
Purdue Pharma LP and members of the wealthy Sackler family that own the OxyContin maker have reached a $270 million settlement to resolve a lawsuit by the state of Oklahoma accusing the company of helping fuel an opioid abuse epidemic, a person familiar with the matter said on Tuesday.
Thomas Cook announced a review of its money division on Tuesday, in its latest step to streamline operations and focus on its core holiday business after a rough 2018 prompted profit warnings.
Wall Street’s main indexes opened higher on Tuesday, for the first time in five sessions, as Apple Inc led gains in technology stocks, while financials were lifted by big banks.
Citigroup Inc said on Tuesday it is developing a consumer-payments platform, in a move to enter the rapidly growing digital payments industry.
Three activist investors disclosed a combined 5 percent stake in Bed Bath & Beyond Inc on Tuesday, seeking to replace the entire board and oust long-time Chief Executive Officer Steven Temares.
U.S. auto sales are expected to drop about 2.1 percent in March from a year earlier, partly due to bad weather, mixed economic data and lower tax refunds, according to industry consultants J.D. Power and LMC Automotive.
A preliminary report on an Ethiopian Airlines crash will very likely be released this week, the country’s transport ministry said on Tuesday, as Boeing prepares to brief more airlines on software and training updates on the 737 MAX.
Self-driving technology continues to attract robust investment, as two tech startups, one in San Francisco and one near Tel Aviv, said this week they have raised nearly $200 million to support development and production of lidar sensors for automated vehicles.
Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the maker of painkiller OxyContin of helping fuel an opioid abuse epidemic, a person familiar with the matter said on Tuesday.
China’s civil aviation regulator has stopped taking applications for Boeing’s 737 Max 8 airworthiness certification since March 21, an official at the regulator’s news department said on Tuesday.
U.S. chip supplier Nvidia Corp has no plans for further acquisitions for the time being after its nearly $7 billion purchase of Israeli chip designer Mellanox Technologies, its chief executive said on Tuesday.
Netflix Inc is testing a 250 rupee ($3.63) monthly subscription for mobile devices in India, the video streaming giant said, aiming to boost its presence in a price-sensitive market where data consumption on smartphones is surging.
U.S. stock index futures edged higher on Tuesday, looking to bounce back from two sessions of declines triggered by pessimism around global growth.
Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China.
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