Novartis AG on Monday announced it has agreed to buy German biopharmaceutical company MorphoSys AG for 2.7 billion euros ($2.9 billion).
L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company.
One Super Micro board member just sent a signal of confidence by buying up stock after a huge run higher.
The education-technology platform said it’s seeing the “green shoots” of efforts spurred by students’ increased use of ChatGPT.
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old Navy, part of the chain’s search for greater relevance amid uneven demand for apparel.
The company called out ‘unrelenting’ demand for large-language models.
The Department of Education is beefing up resources at certain colleges and financial-aid organizations after weeks of complaints from students, college counselors, schools and congressional Republicans over the delayed launch of the new FAFSA form.
Rate volatility is likely to persist even through interest-rate cuts are coming at some point.
Weighing AI hype vs. potential in an increasingly polarized world.
Virgin Galactic said that the problem was detected after a routine post-flight review following the Galactic 06 flight last month.
