Congrats if you bet on Spain and won. But the awkward part now is figuring out what you owe. The IRS hasn’t specified what it will call those winnings at tax time — or how big a cut it wants. And it’s not for lack of time. CNBC reported on July 18 that the agency…
This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. Argenx will acquire Forte Biosciences, the developer of an autoimmune disease drug that’s shown early promise, in a deal worth up to $2.2 billion. The Netherlands-based company said Monday it will secure ownership…
DUBLIN, July 27 (Reuters) – OpenAI is to more than triple its headcount at its European headquarters in Dublin to 350, the ChatGPT maker said on Monday as it announced it was leasing 8,000 square meters (88,000 square feet) of office space in the city’s Silicon Docks area. The AI pioneer said it currently employs…
LONDON, July 27 (Reuters) – Elon Musk’s Tesla on Monday won its bid to revive a London lawsuit brought against U.S. technology firm InterDigital and a patent licensing platform, seeking a patent licence ahead of the automaker’s launch of 5G vehicles in Britain. Tesla sued InterDigital and Avanci – which licenses patents from multiple owners,…
Summary The Fed’s favorite inflation indicator, the PCE Price Index, will be released by the BEA on Thursday. The index differs from the better-known Consumer Price Index (CPI) as its composition changes more frequently and is quicker to reflect real-time pricing. In the report through
If you’re looking to supercharge your savings, a high-yield savings account can provide a competitive interest rate to help your balance grow faster. However, not all banks offer high savings account rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more about…
The difference between the current home equity loan (HEL) rate and the average HELOC rate is 13 basis points, according to Curinos, a real estate data analytics company. Especially when rates are this close, choosing the right option doesn’t come down to just rates. It’s how you plan to use your funds that will dictate…
Baker Hughes raised its 2026 Industrial & Energy Technology (IET) order outlook after posting record second-quarter bookings, as surging investment in LNG export facilities, gas-fired power generation and data center infrastructure continued to fuel demand for its equipment and services. The company reported second-quarter orders of $10.5 billion, up 49% from a year earlier, while…
By Xinghui Kok SINGAPORE, July 27 (Reuters) – Singapore’s central bank tightened its monetary policy settings unexpectedly on Monday, with inflation projected to step up in the months ahead. Singapore’s central bank has a unique method of managing monetary policy, tweaking the exchange rate of its currency instead of changing domestic interest rates like many…
Beijing is now desperately attempting to bring rare earth manufacturing back inside its own borders, exclusively. New Chinese export restrictions specifically target American plans to begin the country’s first commercial production of rare earth magnet materials by 2027. To counter that move, REalloys (NASDAQ: ALOY) is rebuilding every major stage of North America’s rare earth…
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