HLS Therapeutics CFO Tim Hendrickson Steps Down; Names Director John Hanna Interim CFO

Pharmaceutical company HLS Therapeutics Inc. (HLS.TO) announced Monday that Tim Hendrickson is stepping down as CFO to pursue other interests and John Hanna, currently a director of the Company, has been appointed

U.S. Dept. Of Transportation Fines Southwest Airlines $140 Mln For Operational Violations

The U.S. Department of Transportation issued on Monday a consent order for violations of consumer protection laws by Southwest Airlines Co. (LUV) during and after the operational failures that stranded over two million

Lexeo Therapeutics Says FDA Grants Fast Track And Orphan Drug Designation To LX2020

Genetic medicine company Lexeo Therapeutics, Inc. (LXEO) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation and Orphan Drug designation to LX2020.

German Business Confidence Unexpectedly Deteriorates

Sentiment among German companies deteriorated at the end of the year, providing more evidence that the economy is mired in a recession, results of a key survey showed Monday. The business climate index fell to 86.4 in

Dollar Tumbled Last Week Amidst Hints Of Fed's Policy Pivot

The U.S. Dollar tumbled during the week spanning December 8-15 amidst the Fed's dovish pivot that provided hints of rate cuts in 2024.

Novavax Says Taiwan Grants EUA For Nuvaxovid XBB.1.5 Dispersion For Injection COVID-19 Vaccine

Novavax, Inc. (NVAX) announced Monday that the Taiwan Food and Drug Administration has granted emergency use authorization for Nuvaxovid XBB.1.5 dispersion for injection COVID-19 Vaccine (recombinant, adjuvanted)

BoE's Broadbent: Further Evidence Needed To Conclude Downward Trend In Wage Growth

Further evidence is required to conclude that wage growth is cooling, and for the Bank of England to consider interest rate cuts, Deputy Governor Ben Broadbent said Monday. There is a little more uncertainty than usual

Molina Amends Purchase Price For Acquisition Of Bright HealthCare's California Medicare Business

Molina Healthcare, Inc. (MOH) announced Monday that last week it amended the purchase agreement for the acquisition of Bright HealthCare's California Medicare business.

Pound Weakens On Rate Uncertainty

The pound fell against its most major counterparts in the European session on Monday, weighed by New York Fed President John Williams' remarks that policymakers "aren't really talking about rate cuts right now".

Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI

Consolidated Communications Holdings, Inc. (CNSL) announced Monday it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of