12:10 PM EDT, 07/11/2024 (MT Newswires) -- Nuvalent ( NUVL ) said Thursday it has appointed Henry Pelish as chief scientific officer. Pelish contributed to the formation of Nuvalent ( NUVL ) and joined as biology head in 2018, according to the company. Shares of Nuvalent ( NUVL ) were up 3.9% in recent trading. Price: 77.45, Change: +2.93, Percent...

July 11 (Reuters) - Brazilian mining giant Vale said on Thursday it has partnered with Japan's Komatsu ( KMTUF ) and U.S.-based Cummins to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company's existing fleet of diesel-powered haul trucks, making them capable of...

July 11 (Reuters) - The rapid growth of private credit lending beyond its traditional market presents potential future risks to the U.S. economy due to lack of oversight and transparency, according to a new Moody's Ratings report. Banks in recent years have experienced a rise in competition from private credit lenders: non-bank firms offering non-publicly traded debt mainly to mid-sized...

12:08 PM EDT, 07/11/2024 (MT Newswires) -- Strathcona Resources ( STHRF ) was last seen up 4.2% after Canada Growth Fund late Wednesday said it and the Western Canadian oil producer will spend $2 billion on carbon capture and sequestration (CCS) infrastructure at Strathcona's steam-assisted gravity drainage oil sands facilities in Saskatchewan and Alberta. Strathcona will capture and permanently store...