Altria deepens push into vape biz with two deals

Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...

China’s Newest Weapon to Nab Western Technology—Its Courts

The growing conflict between China and the U.S. extends from computer-chip factories to a suspected spy balloon over American skies. Running through it all is a struggle for technological superiority....

Founder of WallStreetBets, Which Ignited Meme Stock Frenzy, Is Suing Reddit

The founder of online community WallStreetBets is suing Reddit, the social media platform from which it inspired the meme stock frenzy of 2021.  Jaime Rogozinski, who created the popular Reddit forum ...

Samsung Knocks Longtime Patent Leader IBM Off Its Perch

In a year when the U.S. issued the smallest number of patents since 2018, Korean electronics giant Samsung Electronics nosed past IBM with the most new patents, the first time in 29 years that IBM fai...

Buy AbbVie Stock. The Pharma Giant Is Still Worth Owning Even as Humira Fades.

Sometimes, a single worry grows so large that it obscures all the good things happening at the same time. That’s the case with the stock of pharma giant AbbVie whose blockbuster drug Humira faces pate...

Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity.

A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Cha...

AbbVie Stock Slips as Sales Miss Expectations And Bigger Challenges Await.

Stock in AbbVie slipped after the drug company reported a higher profit than expected, while sales fell short. The revenue shortfall may have reminded investors of a challenge AbbVie (ticker: ABBV) fa...

Paramount Sues Company Behind McDowell’s Pop-Up, Citing ‘Coming to America’ Infringement

A pop-up restaurant that paid homage to the 1980s classic comedy “Coming to America” now faces a lawsuit from Paramount Pictures over copyright infringement.  JMC Pop Ups LLC created a temporary versi...

Merck Looks Attractive, With or Without Seagen

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Hydrogen Stock Ceres Power Is Heating Up Again

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Bausch Health Stock Halted After Patent Ruling. What Happens Next.

Text size Bausch Health stock was on pace for its lowest close since November 1995. Timothy Fadek/Bloomberg A federal court ruling has dealt a blow to Bausch Health by appearing to clear the way for g...

Paramount stock drops after bearish call by Goldman Sachs

Goldman Sachs weighed in with a skeptical view of Paramount Global Inc. Tuesday, writing that the current economic backdrop could complicate the media company’s streaming objectives. “We have not chan...

3M Earplugs Fight Stems From Self-Made Legal Battle

A long-running legal battle over allegedly defective earplugs made by 3M arose after the company initiated a separate dispute against a smaller competitor, court documents showed. 3M’s effort to prote...

The Days of Big Pharma Are Over. Big Biotech Is on Its Way.

W hen GlaxoSmithKline spins off its enormous division selling drugstore staples like Advil and Tums next month, it will represent more than just the latest shuffling of assets among corporate giants. ...

Micron sued for alleged patent infringement

BOISE, Idaho — Bell Semiconductor has filed a patent infringement lawsuit against computer chip maker Micron Technology. The lawsuit filed Wednesday in U.S. District Court contends that Boise, Idaho-b...

Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures

Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t...