Emergent BioSolutions Inc said on Tuesday it plans to lay off about 400 employees across all businesses and cut back operations at some of its facilities.
Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.
Walt Disney has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, even as Hollywood writers and actors battle to limit the industry’s exploitation of the technology.
Home and small business security firm ADT said on Tuesday it will sell its commercial security, fire and life safety unit to private equity firm GTCR for $1.6 billion.
The Italian government aims to agree a broad plan to 2030 for its national automotive industry with carmaker Stellantis and other groups involved by the end of this year, industry minister sources said on Tuesday.
Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the direction of interest rates.
Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker’s clothes and footwear.
New York Times Co on Tuesday forecast stronger-than-expected advertising revenue for the current quarter after the company reported second-quarter revenue ahead of analysts’ estimates.
Eli Lilly on Tuesday raised its annual forecasts after beating estimates for quarterly profit, driven by strong demand for its new diabetes drug Mounjaro, ahead of a decision on its use as a weight-loss treatment.
