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The U.S. Food and Drug Administration has hired the former director of cannabis programs for New York State Norman Birenbaum as its first senior public health adviser on cannabis research and regulation efforts, according to an internal memo from earlier this week provided to MarketWatch by an FDA spokesperson. “With his expertise in policy analysis […]
Altria Group Inc. MO, -0.72% said Friday it has exercised an option to be released from non-competition obligations relating to its stake in Juul Labs Inc. In a regulatory filing, the tobacco company said the option included the right to terminate should the carrying value of its investment in Juul be not more than 10% […]
DuPont de Nemours Inc. DD, -0.48% and Rogers Corp. ROG, +0.09% said their pending merger will not close as expected by the end of the third quarter of 2022 pending ongoing talks with Chinese regulators. The parties continue to hold cooperative discussions…with the aim of securing regulatory approval of the planned merger,” DuPont said. DuPont […]
Shares of Under Armour Inc. UA, -10.92% UAA, -11.80% slumped 2.6% in premarket trading Friday, despite a rally in the broader stock market, as the athletic apparel and gear maker suffered collateral damage from rival Nike Inc.’s NKE, -13.25% a disappointing earnings report. Also getting hit, yoga apparel and gear maker Lululemon Athletica Inc.’s stock […]
The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal. 860 Total views 11 Total shares Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of FTX exchange Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. […]
Shares of Ballard Power Systems Inc. BLDP, -1.38% rallied 1.0% in premarket trading Friday, after the fuel cell company announced plans to invest $130 million in a manufacturing facility in China. The company said it has entered into an agreement with the Government of Anting in Shanghai’s Jiading District to establish a new China headquarter, […]