Infosys To Acquire German Engineering R&D Services Provider In-tech

Infosys Ltd. (INFY) announced Thursday a definitive agreement to acquire Germany's in-tech, a leading Engineering R&D services provider focused on German automotive industry. The terms of the deal were not disclosed.

Philly Fed Index Unexpectedly Jumps To 15.5 In April

Growth in Philadelphia-area manufacturing activity has unexpectedly seen a considerable acceleration in the month of April, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.

Moleculin Biotech Says EMA Grants Orphan Drug Designation To Annamycin To Treat AML

Pharmaceutical company Moleculin Biotech, Inc. (MBRX) announced Thursday that the European Medicines Agency (EMA) has granted Orphan Drug Designation to Annamycin for the treatment of Acute Myeloid Leukemia (AML).

U.S. Jobless Claims Unchanged From Slightly Upwardly Revised Level

First-time claims for U.S. unemployment benefits remained flat in the week ended April 13th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims came in at 212,000,

Actinium Says Phase 3 SIERRA Trial Results Of Iomab-B Shows Improving OS For AML Patients

Actinium Pharmaceuticals, Inc. (ATNM) announced Thursday that results from the Phase 3 SIERRA trial of Iomab-B were presented in an oral presentation at the 50th Annual European Bone Marrow Transplant Society Meeting

Philly Fed Index Unexpectedly Indicates Faster Growth In April

Growth in Philadelphia-area manufacturing activity has unexpectedly seen a considerable acceleration in the month of April, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly

U.S. Leading Economic Index Unexpectedly Dips 0.3% In March

The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March.

Tesla To Cut 285 Jobs At Buffalo Plants; Musk Apologizes For 'incorrectly Low' Severance Packages

Electric vehicle maker Tesla Inc. revealed that it will lay off 285 workers from its Buffalo, New York workforce. The planned job cuts represent 14 percent of the total workforce of 2,032 workers in the region. The job

U.S. Existing Home Sales Tumble Slightly More Than Expected In March

A report released by the National Association of Realtors on Thursday showed a sharp pullback by existing home sales in the U.S. in the month March.

U.S. Leading Economic Index Unexpectedly Pulls Back In March

The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March. The report said the leading economic index fell by 0.3 percent in