First Republic, Provention Bio, Roku, Illumina, Boeing, and More Market Movers

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Sanofi to buy Provention Bio in deal worth $2.9 billion

French pharmaceutical group Sanofi said Monday that it will buy Provention Bio, Inc., a U.S.-based biopharmaceutical company focused on autoimmune diseases, for $25 per share in cash, in a deal with a...

The Big Winners—and Losers —in the Inflation Bill

Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images Text size The House won’t take up Democra...

3 Drug Companies Fall on Zantac Lawsuit Fears. It Shows the Power of Analysts.

Shares of Sanofi , GSK , and Haleon  fell for the second straight trading session Thursday on surging worries about litigation over Zantac, a heartburn drug that the Food and Drug Administration effec...

The Russian Default Is Less Worrisome Than It Appears. Keep Watching Oil.

A general view of the Kremlin, Red Square and St. Basil’s Cathedral in central Moscow. AFP via Getty Images Text size Russia’s first default on its foreign debt in more than 100 years is the lat...