02:45 PM EDT, 07/31/2025 (MT Newswires) -- AbbVie ( ABBV ) is in talks to acquire Gilgamesh Pharmaceuticals in a deal that could value the psychedelics developer at about $1 billion, Bloomberg reported Thursday, citing people familiar with the matter. The potential deal comes a year after AbbVie ( ABBV ) and Gilgamesh entered into a collaboration to develop next-generation...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

02:47 PM EDT, 07/31/2025 (MT Newswires) -- Fox (FOX) said Thursday it has acquired a one-third interest in Penske Entertainment, inclusive of INDYCAR and Indianapolis Motor Speedway. The company said the deal includes a multiyear extension of INDYCAR's media rights with FOX Sports. Financial terms were not disclosed. Price: 51.28, Change: +0.31, Percent Change: +0.61 ...

02:49 PM EDT, 07/31/2025 (MT Newswires) -- Boeing ( BA ) resumed contract talks with leaders of the International Association of Machinists and Aerospace Workers Local 837 union after members rejected an initial offer and voted to strike, Bloomberg reported Thursday. The negotiations with the union representing about 3,200 factory workers in St. Louis, Missouri, are taking place as the...