Shares of Eos Energy Enterprises, Inc. ( EOSE ) , a provider of zinc-based long duration energy storage systems, are trading higher after the company announced a strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP. The investment aims to support Eos’ growth plans amidst rising global energy demands and a shift towards energy...

(Reuters) -United Parcel Service, the world's biggest package delivery firm, will sell its Coyote Logistics business unit to RXO for $1.025 billion, the companies said on Sunday. The transaction will be funded with a mix of equity and debt, including a $300 million equity investment from MFN Partners and a $250 million equity investment from Orbis Investments, North Carolina-based RXO...

June 24 (Reuters) - Investment bank Moelis & Co ( MC ) said on Monday its employee, Jonathan Kaye, had resigned. The banker had been put on leave earlier this month after being involved in a serious incident in Brooklyn, Moelis ( MC ) had said. ...

10:32 AM EDT, 06/24/2024 (MT Newswires) -- Teva Pharmaceutical Industries ( TEVA ) said Monday that it has introduced an authorized generic of Victoza, or liraglutide injection 1.8 milligram, in the US. The liraglutide injection is indicated to improve glycemic control in adults and children aged 10 years and older with type 2 diabetes mellitus and cut the risk of...