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Tencent Music’s Label Exclusivity at Risk, Stock Falls 4% – Report

Tencent Music Entertainment (TME) may have to end the type of arrangements that have bolstered its competitiveness in the music streaming business. According …

Virgin Galactic Plans to Sell $500M in Stock; Shares Fall 17%

Virgin Galactic Holdings (SPCE) is looking to sell up to $500 million worth of common stock. The company has engaged the services of …

Verizon, Huawei Resolve Patent Dispute

U.S.

Biogen Inks Deal with InnoCare on Orelabrutinib

Biogen (BIIB) recently inked a license and partnership agreement with InnoCare Pharma Limited. Biogen will gain exclusive rights to Orelabrutinib for the worldwide …

Disney Shares Leap 4.2% as it Raises ESPN+ Fees – Report

Shares of media and entertainment giant Walt Disney (DIS) bounced 4.2% to close at $184.

FedEx Using Nuro Autonomous EVs for Deliveries

FedEx (FDX) recently announced a multi-year deal with Nuro to use the latter’s autonomous delivery vehicle for its operations. The addition of Nuro’s …

Duke Energy Rewards Shareholders with Dividend Hike

Energy company Duke Energy Corporation (DUK) recently announced a quarterly cash dividend of $0.985 per share, a hike of 2.

Emerson to Sell Daniel Measurement and Control Business

Technology and engineering company Emerson Electric Co. (EMR) announced that it has agreed to sell its Daniel Measurement and Control Business to Turnspire …

KKR Enhances Realty Folio in Scotsdale; Shares Rise 2.3%

Global investment firm KKR & Co. Inc.

BMO Expands 2021 Grant Program for Women-Owned Businesses

BMO Financial Group (BMO) announced on Monday that together with Deloitte, it would expand its 2021 Grant Program for women-owned businesses across North …

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