04:42 AM EDT, 09/09/2024 (MT Newswires) -- Big Lots ( BIG ) said Monday it has filed for Chapter 11 bankruptcy proceedings with the US Bankruptcy Court for the District of Delaware, and agreed to sell substantially all of its assets and ongoing business operations to Nexus Capital Management. Under the terms of the agreement, Nexus will serve as the...

05:37 AM EDT, 09/09/2024 (MT Newswires) -- Norfolk Southern ( NSC ) said Sunday its board has opened an investigation into allegations of Chief Executive Alan Shaw's potential misconduct. The company did not disclose further details but said the alleged misconduct is inconsistent with its policies and ethics code. Norfolk Southern ( NSC ) also said its board cannot comment...

04:25 AM EDT, 09/09/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Sunday its analysis of a phase 3 trial of its drug datopotamab deruxtecan showed a meaningfully greater magnitude of efficacy versus docetaxel in the treatment of patients with advanced or metastatic non-small cell lung cancer. According to the analysis, treatment with datopotamab deruxtecan reduced the risk of disease...

LONDON, Sept 9 (Reuters) - Exxon Mobil ( XOM ) has pulled out of the race to buy half of Galp Energia's stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter said. More than 12 oil companies including Exxon, Shell and Brazil's national oil company Petrobras had...