Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Morgan Stanley dumped $5 billion in Archegos’ stocks…
The night before the Archegos Capital story burst into public view late last month, the fund's biggest prime broker quietly unloaded some of its risky positions to hedge funds, people with knowledge of the trades…
Microsoft wins U.S. Army contract for augmented-reality headsets,…
In this articleAMZNMSFTZoom In IconArrows pointing outwardsAugmented Reality headsets by MicrosoftSource: Microsoft The Pentagon announced that Microsoft has won a contract to build more than 120,000 custom HoloLens augmented-reality headsets for the U.S. Army. The…
Tencent Music announces $1 billion share buyback program,…
In this articleTME700-HKExecutives of Tencent Music Entertainment celebrate the company's IPO outside the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018Bryan R Smith | ReutersGUANGZHOU, China — Tencent Music Entertainment Group…
Goldman sells $10.5 billion of stocks in block-trade…
By Bei Hu, Gillian Tan and Drew SingerGoldman Sachs Group Inc. liquidated $ 10.5 billion worth of stocks in block trades on Friday, part of an extraordinary spree of selling that erased $ 35 billion…
SpaceX’s Starlink satellite internet in talks for a…
A Starlink user terminal being set up.SpaceXElon Musk's SpaceX is in talks with the United Kingdom for the company's Starlink satellite unit to potentially to earn funding as a part of the government's new $…
Satellite start-up Capella Space aims to tap $60…
This video shows the Capella-3 satellite's reflector deployment, using the its boom as a "selfie stick". The reflector is folded and compact as it reaches space and expands to a 3.5 meter diameter object.Capella SpaceSatellite…
Bill Ackman, an early Coupang investor, donates his…
Bill Ackman, founder and CEO of Pershing Square Capital Management.Cameron Costa | CNBCBillionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $ 1 billion — to charity…
Warren Buffett’s net worth surpasses $100 billion for…
Warren Buffett.Gerald Miller | CNBCWarren Buffett's net worth topped $ 100 billion for the first time as Berkshire Hathaway shares rallied to record highs.Berkshire's Class A shares closed at a record high of $ 399,650…