Aug 27 (Reuters) - Delaware's highest court said on Tuesday it will hear an appeal by GSK and other drugmakers seeking to end more than 70,000 lawsuits claiming discontinued heartburn drug Zantac caused cancer. GSK, Pfizer ( PFE ), Sanofi and Boehringer Ingelheim are asking the court to overturn an order by a lower court judge allowing plaintiffs in the...

(Reuters) -Scandinavian airline SAS has completed restructuring and emerged from Chapter 11 bankruptcy proceedings in the United States, it said on Wednesday. The Sweden-based airline has restructured more than $2 billion of debt, adjusted its aircraft fleet and reached agreements with key stakeholders, creditors and vendors, it said in a statement. SAS, which filed for bankruptcy in July 2022, had...

High-rolling investors have positioned themselves bullish on IBM ( IBM ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in IBM ( IBM ) often signals that someone has privileged information....

Shares of Paramount Global Inc. are trading lower Tuesday, following news that the company's “Go-Shop” period ended without a successful acquisition bid. What To Know: Edgar Bronfman Jr., who had previously led a consortium of investors in a bid to acquire Paramount’s parent company, National Amusements, withdrew his proposal. This withdrawal paves the way for the $8.4 billion merger between...