WASHINGTON, April 23 (Reuters) - U.S. Supreme Court justices on Tuesday signaled support for Starbucks ( SBUX ) in the coffee chain's challenge to a judicial order requiring it to rehire seven employees at a Memphis cafe who were fired as they pursued unionization. The justices heard arguments in the Seattle-based company's appeal of a lower court's approval of an...

Tuesday, Incyte Corporation ( INCY )  agreed to acquire Escient Pharmaceuticals for $750 million. Escient’s pipeline includes EP262, a small molecule antagonist of Mas-related G protein-coupled receptor X2 (MRGPRX2), and EP547, a first-in-class oral MRGPRX4 antagonist. “EP262 and EP547 are complementary additions to our portfolio, providing an opportunity to leverage our expertise, address the needs of patients with inflammatory diseases, and additional potential launch opportunities starting...

03:10 PM EDT, 04/23/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 208.32, Change: +0.18, Percent...

03:12 PM EDT, 04/23/2024 (MT Newswires) -- Microsoft ( MSFT ) said Tuesday it has launched an artificial intelligence model that can be trained on smaller amounts of data. The Phi-3-mini, a so-called small language model, was made available on Hugging Face and Ollama and does not require as much computing resource as its large language model counterparts, according to...