09:40 AM EST, 12/09/2024 (MT Newswires) -- Olema Pharmaceuticals ( OLMA ) early Monday said the US Food and Drug Administration has cleared the investigational new drug application for the company's OP-3136 drug candidate to treat breast and other types of cancer. The company is expecting to begin phase 1 testing of OP-3136 early in 2025, Olema said. Price: 10.51,...

(Reuters) - The U.S. Department of Labor (DOL) is investigating Hellofresh over allegations that migrant children were working at the meal-kit maker's cooking and packaging facility in Illinois as recently as this summer, ABC News reported on Friday evening. The department is also investigating if Midway Staffing, an agency hiring employees to work at the facility, violated child labour rules,...

09:46 AM EST, 12/09/2024 (MT Newswires) -- A group led by Mason Capital Management in partnership with IES Holdings ( IESC ) and other investors has completed the acquisition of CB&I, CB&I said Monday. CB&I is a builder of storage facilities, tanks and terminals for energy and industrial markets, CB&I said Monday. Financial details of the deal were not provided....

(Reuters) - Citigroup has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve's December meeting, joining peers in predicting a 25-basis-point reduction, following robust nonfarm payrolls data. Brokerages including Morgan Stanley and Goldman Sachs reiterated their expectation of a 25-basis-point cut after the jobs data. Data showed nonfarm payrolls increased by 227,000 jobs last month after rising...