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Boeing Cuts 6,770 Jobs In U.S.; CFRA Upgrades Stock To Buy  

Boeing Co (BA) announced that it is laying off another 6,770 employees in the U.S.

Google Faces Arizona Lawsuit Over ‘Unfair’ Location Data Storing

The state of Arizona has filed a consumer fraud lawsuit against Alphabet Inc’s Google (GOOGL) over its location data practices. “Though Google claims …

Novavax Seeks To Make 1 Billion Covid-19 Vaccine Doses; Top Analyst Ramps Up PT To $61

Novavax (NVAX) on Wednesday announced the acquisition of Praha Vaccines to help the late-stage biotech company produce over 1 billion doses of its …

Hertz Sinks 11% After-Hours As Carl Icahn Sells Stake At $1.8B Loss

Shares in troubled car rental company Hertz Global Holdings (HTZ) sunk a further 11% to $1.16 in Wednesday’s after-hours trading on the news that …

PhaseBio Explodes 82% After-Hours On FDA Nod For Covid-19 Clinical Trial

Shares in PhaseBio Pharmaceuticals (PHAS) surged 82% in after-hours trading on Wednesday, after the company announced clearance of its investigational new drug (IND) …

Google Pay App May Face Anti-Trust Probe In India – Report

Alphabet Inc’s Google (GOOGL) is allegedly abusing its market position to unfairly promote its mobile payments app in India according to a complaint …

General Electric Surges 8% Amid Sale Of Lighting Unit To Savant  

General Electric Co. (GE) said it reached an agreement to sell its unit GE Lighting to smarthome company Savant Systems Inc.

Gilead & Arcus Join Forces For 10-Year Cancer Deal, Arcus Down 15% In Pre-Market

Gilead Sciences (GILD) and Arcus Biosciences (RCUS), an oncology-focused biopharma, have announced a 10-year partnership to co-develop and co-commercialize current and future therapeutic …

Papa John’s U.S. Pizza Sales Jump 33.5%; Shares Pop 7% In Pre-Market

Papa John’s International Inc. (PZZA) said on Wednesday that May comparable sales increased a preliminary 33.

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