Viatris will sell the biosimilars business of the former Mylan to the Indian drugmaker Biocon for as much as $3.3 billion. Dreamstime Text size Viatris , the company formed in 2020 through a merger of...
Tag: Business
Using Regulatory Reporting to Improve Your Business Processes and Revenue
Often firms view complying with regulation as solely an obligation to avoid penalties and fines. However, have you considered how compliance can not only improve your business processes but add to you...
Viatris Stock Hammered After Earnings, Asset Sale| Investor’s Business Daily
Viatris stock tumbled Monday after reporting mixed fourth-quarter earnings and a $3.34 billion plan to sell its biosimilars portfolio to Biocon Biologics. X The Biocon deal includes products expected ...
Viasat says ‘cyber event’ disrupting satellite internet service
A Viasat Inc. logo seen displayed on a smartphone and in the background. Sopa Images | Lightrocket | Getty Images Viasat said Monday that it believes “a cyber event” disrupted its satellit...
Lordstown Motors to produce 3,000 electric pickups through 2023
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric ...
5 things to know before the stock market opens Monday, February 28
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after new sanctions on Russia for invading Ukraine A trader works at the New...
Peel Group’s John Whitaker hopes to set up Isle of Man cannabis farm
Cannabis leaves sit on plants growing in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. Jason Alden | Bloomberg | Getty Images A vast marijuana far...
Oil jumps as traders fear disruption in Russia’s energy industry
An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Get...
hospitals could run out of oxygen supplies in 24 hours, WHO
A woman holds a child as people arrive at a train station converted into a refugee center, at the border control between Poland and Ukraine, after Russia launched a massive military operation against ...
Look to the Energy Patch for a Dividend Bonanza. Devon Energy and Pioneer Natural Resources Look Good.
What was already going to be a challenging year for investors was further disrupted by Russia’s invasion of Ukraine. But in a market that has been lacking in certainty, income investors may want to ta...
How the conflict is disrupting air travel
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian ...
Owners could delay Opening Day if no labor deal by Monday
An official MLB baseball sits on top of an MLB game-used base with a lock and chain around it to represent the lockout between Major League Baseball (MLB) and the Major League Baseball Players Associa...
Warren Buffett: Berkshire Hathaway Paid 1% of All U.S. Corporate Tax Receipts
Berkshire Hathaway has the largest amount of domestic infrastructure assets of any American company and paid $3.3 billion in federal taxes in 2021—or nearly 1% of all corporate tax receipts—CEO Warren...
Why the future of the Oscars and Emmys might be in jeopardy
From the glamor of celebrities strolling down the red carpet to the memorable speeches to the surprising wins, award shows have attracted massive attention throughout the decades. That storyline prove...
Circle Launches New Account for Business Growth
Global financial technology firm, Circle recently announced the launch of a new Circle Account for the growth of businesses around the world. The company termed the recently launched account a startin...
CNBC interview on new HBO show ‘Game Theory’
Bomani Jones onstage during “Colin In Black And White”, Netflix, And Dreamville Present Path To Power Summit at Clark Atlanta University on November 04, 2021 in Atlanta, Georgia. Paras Gri...
Bill Gates Bought Up More of This Waste-Management Stock
Waste-management company Republic Services has been down in the dumps this year, but its largest shareholder, Bill Gates, just bought more shares. Republic Services stock (ticker: RSG) has slid 14% ye...
Transatlantic flights, Europe travel will grow post-Covid despite Ukraine-Russia tensions
As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in U...
US offshore wind auction in NY, NJ raises a record $4.37 billion
Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...
Hip-hop star Jim Jones talks equity, opportunity for his software firm
Hip-hop entertainer Jim Jones says he has a $1 billion idea — and now he’s seeking investors for his software company, Quarantine Studios. Jones spoke with CNBC sports business reporter Jabari Y...
Inflation takes center stage with retail earnings
CNBC’s Jim Cramer on Friday previewed next week’s earnings slate and other pivotal market events, including congressional testimony from Federal Reserve chief Jerome Powell. Given the cale...
Starbucks restaurant in Mesa, Arizona votes to unionize
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Stablecoins are serious business, Feb. 17–24
Stablecoins used to be a sort of taboo subject in the crypto community after it became common practice to criticize Tether’s reserve backing. Are you really a seasoned crypto investor if you haven’t g...
Renault, Hyundai and VW have most exposure to Russian car market
Cars sit at a standstill as people try to leave the city on February 24, 2022 in Kyiv, Ukraine. Chris Mcgrath | Getty Images New U.S. sanctions and Moscow’s invasion of the Ukraine could have a ...
Tech Stocks Get a Bear-Market Scare. What Could Come Next.
As Russian forces were pouring over the border into Ukraine, the tech sector briefly tumbled into a bear market on Thursday. Both the Nasdaq 100 and the Nasdaq Composite fell enough that morning to ex...