04:02 PM EST, 01/10/2025 (MT Newswires) -- (Updates with response from Eli Lilly ( LLY ) in the last paragraph.) Eli Lilly ( LLY ) is nearing a deal to acquire privately held Scorpion Therapeutics, valuing the Boston-based company working on potential cancer treatments at around $2.5 billion, according to the Financial Times, citing sources. A deal could be announced...

(Reuters) - Meta Platforms and Amazon.com have joined a growing number of U.S. companies in scaling back their diversity, equity, and inclusion (DEI), meant to boost racial and ethnic representation at workplaces against the backdrop of rising pressure from conservative groups. At least six major U.S. companies, including JPMorgan Chase, modified their DEI policies last year, according to a Reuters...

04:09 PM EST, 01/10/2025 (MT Newswires) -- Blackstone (BX) is evaluating a sale of Liftoff for over $4 billion including debt, Reuters reported Friday, citing people familiar with the matter. The company is working with investment bankers at Goldman Sachs and Jefferies to explore strategic alternatives, which also includes a potential initial public offering, the people reportedly said. Blackstone is...

04:02 PM EST, 01/10/2025 (MT Newswires) -- Verizon Communications ( VZ ) said Friday it has contained a cyberattack carried out by a nation-state threat actor, which targeted a small group of individuals involved in government or political activities. The actor breached several US telecom networks, including Verizon's, accessing limited mobile internet and call records of some customers. However, no...