News
Jay Clayton, who formerly chaired the Securities and Exchange Commission, has joined the board of directors at American Express Co. AXP, -1.38%, the card company announced Thursday. “Jay’s deep regulatory and legal expertise and knowledge in financial markets, along with his extensive experience advising organizations on corporate governance matters, will make him a tremendous asset […]
Shares of Marathon Digital Holdings Inc. MARA, +2.02% climbed 1.3% in premarket trading Thursday, after the cryptocurrency miner said it produced 360 bitcoin BTCUSD, -0.25% in September, or nearly 60% of the 616 bitcoin produced during the third quarter. The company said the improved bitcoin production has continued into October, with about 19,000 additional miners […]
American Oncology Network LLC said Thursday it agreed to be acquired by special purpose acquisition company Digital Transformation Opportunities Corp. DTOC, +0.20% in a deal that values the oncology practice currently comprised of 107 doctors in 18 states at $500 million. When the merger closes as expected in the first half of 2023, American Oncology […]
Eli Lilly and Co. LLY, +0.35% said Thursday that its experimental obesity drug received a Fast Track designation from the Food and Drug Administration. The drug maker also said it plans to begin a rolling submission to the FDA for tirzepatide as a treatment for adults with obesity or who have overweight with related comorbidities. […]
Walgreens Boots Alliance WBA, -2.74% said Thursday that its stores will start selling over-the-counter Lexie Lumen hearing aids to adults starting Oct. 17. The aids costs $799 and are for adults with mild-to-moderate hearing loss. Walgreen’s stock is down 36.4% this year, while the broader S&P 500 SPX, -1.02% has declined 20.4%.
DraftKings DKNG, -3.95% is close to signing an exclusive partnership with sports network ESPN, according to a report from The Action Network, sending shares 7.9% higher after hours. The terms of the deal between the sports-betting platform and sport-media giant are not yet clear. But The Action Network said that ESPN was seeking $3 billion […]