(Reuters) -U.S. trading moved to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission (SEC) adopted last February, investors in U.S. equities, corporate and municipal...

10:31 AM EDT, 05/28/2024 (MT Newswires) -- Vera Therapeutics ( VERA ) said Tuesday the US Food and Drug Administration granted breakthrough therapy designation to atacicept to treat immunoglobulin A nephropathy, also known as Berger's disease, an autoimmune kidney disease. The FDA reviewed data from a phase 2b trial that showed the stabilization of estimated glomerular filtration rate over 72...

10:31 AM EDT, 05/28/2024 (MT Newswires) -- T-Mobile US ( TMUS ) agreed to purchase substantially all of US Cellular's (USM) wireless operations in a deal worth about $4.4 billion, the companies said Tuesday. Under the terms of the deal, T-Mobile will pay for the assets in cash and assume up to roughly $2 billion of debt. The transaction includes...

Energy Transfer ( ET ) shares are trading lower. The company on Tuesday announced the acquisition of WTG Midstream in a $3.25 billion transaction. The Details: On Tuesday morning, Energy Transfer ( ET ) said it entered into a definitive agreement to acquire WTG Midstream from affiliates of Stonepeak, Davis Estate and Diamondback Energy. The transaction, which is valued at...