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Bristol Myers Squibb to purchase Karuna Therapeutics
Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock closed up more than 47% on the news Friday, hitting $317.85 a share. Bristol Myers Squibb shares closed up 2%. The deal will help expand Bristol Myers’ drug pipeline after…
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14 Largest Bravo Bombshells and TV Moments of 2023
Deaths of Southern Charm Stars’ Siblings The Southern Charm cast was rocked by, not one, but two tragic deaths in 2023. In January, Olivia Flowers‘ brother Conner died from an accidental overdose of fentanyl, years after being prescribed opioids to treat chronic pain stemming from his longtime battle with Lyme disease. Five months later, Taylor…
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IRS unveils worker retention credit score voluntary disclosure program
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
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$100 million New Jersey deli inventory fraud case responsible plea
Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern New Jersey. Disgraced former stockbroker James…
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The Trump Marketing campaign Melts Down And Blames George Soros And Joe Biden For Getting Kicked Off The Poll In Colorado
The Trump campaign reacted to being kicked off of the ballot in Colorado by claiming that the state Supreme Court is doing the bidding of George Soros and President Joe Biden. Steven Cheung, Trump Campaign Spokesman, reacted to Trump’s Colorado disqualification: Unsurprisingly, the all-Democrat appointed Colorado Supreme Court has ruled against President Trump, supporting a…
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New information on Eli Lilly’s weight-loss drug exhibits its outlook is vivid
The launch of Eli Lilly ‘s weight-loss drug Zepbound — a key pillar of our investment thesis in the pharmaceuticals giant — is going swimmingly in the U.S., Jefferies said Friday. Weekly Zepbound prescriptions totaled 7,700 in the week ended Dec. 8, its fourth on the U.S. market, according to Jefferies, which cited data compiled…
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2024 expectations for Wegovy, Ozempic, Zepbound
George Frey | Bloomberg | Getty Images Weight loss drugs exploded into the public eye this year, and 2024 will bring more change to the evolving market. The drugs skyrocketed in popularity in 2023 as they helped patients shed significant weight, despite hefty price tags, mixed insurance coverage and a handful of unpleasant side effects. …
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Elliott Wilson Apologizes To Kai Cenat After Nicki Minaj Dispute
Elliott Wilson has issued a public apology to Twitch streamer Kai Cenat after feeling some type of way about his interview with Nicki Minaj earlier this week. The hip hop journalist had previously interviewed the rapper when she dropped her 2014 album, ‘The Pinkprint,’ and again in 2018, following the release of ‘Queen.’ But amid…
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Activision Blizzard agrees to settle California intercourse discrimination case
Activision Blizzard CEO Bobby Kotick speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Microsoft-owned Activision Blizzard has agreed to settle a case from a California state agency that alleged the video game publisher discriminated against women, including denying them promotion opportunities and paying them less. California’s Civil Rights…
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Rudy Giuliani ordered to pay Georgia election employees for defamation
Rudy Giuliani at 60 Centre Street in Manhattan on Thursday, Sept. 8, 2022. Theodore Parisienne | Tribune News Service | Getty Images A federal jury on Friday ordered Rudy Giuliani to pay over $148 million to two Georgia election workers for falsely claiming they committed ballot fraud in the 2020 presidential election. The jaw-dropping figure…