11:29 AM EDT, 08/21/2025 (MT Newswires) -- (Corrects story to denote President Donald Trump is the current president.) US Commerce Secretary Howard Lutnick is exploring the possibility of the federal government taking equity stakes in semiconductor companies that receive CHIPS Act funding to build factories in the US, Reuters reported Wednesday, citing sources. The idea expands on an existing plan...

11:12 AM EDT, 08/21/2025 (MT Newswires) -- Shattuck Labs ( STTK ) said Thursday its Investigational New Drug application submitted to the US Food and Drug Administration for SL-325, a blocking antibody to treat inflammatory bowel disease, is in effect. SL-325 showed a favorable safety profile in non-human primate studies. Dosing of healthy volunteers in the company's randomized, double-blind, placebo-controlled...

10:52 AM EDT, 08/21/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) will provide the US government with a suite of artificial intelligence and cloud services to accelerate AI adoption, the US General Services Administration said Thursday. Agencies will pay $0.47 each for Google's ( GOOG ) AI tools, according to the GSA. Google ( GOOG ) did...

10:47 AM EDT, 08/21/2025 (MT Newswires) -- Walmart's ( WMT ) momentum remains strong with the company posting US comparable sales growth of 4.6% in fiscal Q2, Truist Securities said Thursday in a note. Comparable sales growth at the Sam's Club unit, excluding fuel, was 5.9%, and both US and Sam's sales metrics topped estimates by Truist. Walmart ( WMT...