08:31 AM EDT, 09/12/2024 (MT Newswires) -- Oruka Therapeutics ( ORKA ) said Thursday it is selling $200 million of its securities pursuant to a securities purchase agreement for a private investment in public equity financing it entered into with investors. The securities being sold are 5.6 million common shares at $23 per share; 2,439 series A non-voting convertible preferred...

08:32 AM EDT, 09/12/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) and Bank of America ( BAC ) plan to curb and more closely track the working hours of their young bankers in the wake of a Wall Street Journal probe that uncovered a culture of overwork within the industry, the WSJ reported Thursday. JPMorgan ( JPM ) will...

BELO HORIZONTE, Brazil, Sept 12 (Reuters) - Brazilian miner Vale expects that by 2030 some 10% of its iron ore output will come from the reuse of mine waste known as tailings, an executive told Reuters, reducing the amount of potentially dangerous material still stored in dams. In 2024, the mining giant expects to recover about 7 million metric tons...

08:33 AM EDT, 09/12/2024 (MT Newswires) -- (Updates with additional information in third to seventh paragraphs.) Moderna ( MRNA ) said Thursday it is reducing its annual R&D expense by about $1.1 billion starting in 2027 in light of recent commercial challenges. The company now expects 2025 revenue of $2.5 billion to $3.5 billion. Analysts polled by Capital IQ expect...