April 29, 2025
Chicago 12, Melborne City, USA

Chase Smith

Business Resilience

German Company in $3.9 Billion Deal to Buy US Biotech Firm SpringWorks

Merck will acquire SpringWorks Therapeutics for $3.9 billion, aiming to strengthen its U.S. health care presence and expand rare tumor therapies worldwide. Merck

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Business Resilience

IBM Announces $150 Billion US Investment to Boost Quantum Computing and Manufacturing

IBM said it operates ’the world’s largest’ fleet of quantum computer systems and will continue to design, build, and assemble quantum computers in

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Business Resilience

Fed’s Kugler: No Rate Cuts in Sight as Inflation, Tariffs Fuel Uncertainty

Federal Reserve Gov. Adriana Kugler said the Fed should keep rates steady as inflation remains elevated and new tariffs raise fresh risks. Federal

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Business Resilience

IMF Slashes Global Growth Forecasts Amid Tariffs and Uncertainty in Global Economy

Global growth is now expected to hit just 2.8 percent in 2025, with trade disruptions and policy shifts dragging most countries’ outlooks down.

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Business Resilience

Walgreens Agrees to Pay up to $350 Million in Civil Settlement Over Opioid Prescriptions

Walgreens says it ’strongly disagrees with the government’s legal theory and admits no liability.’ Walgreens has agreed to pay up to $350 million

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Business Resilience

Nearly Half of U.S. Home Sellers Are Offering Buyer Concessions

In addition to concessions, some sellers are lowering their asking prices or accepting offers below the list price. Nearly half of U.S. home

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Business Resilience

Monthly Mortgage Payments Hit Record $2,819 as Homebuyers Slightly Retreat, Redfin Reports

Housing costs are at an all-time high, cooling demand in some markets as economic uncertainty and elevated rates weigh on buyer confidence. A

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Business Resilience

Text Message Scams Cost Americans $470 Million in 2024, FTC Says

The scams are increasingly targeting businesses and using tactics such as fake fraud alerts and bogus job offers. Scammers defrauded Americans of $470

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Business Resilience

7 Countries Oppose US National Security Review on Copper Imports

Top copper suppliers say that their exports do not threaten U.S. national security, as the Trump administration considers tariffs. Seven U.S. trade partners

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Business Resilience

Swiss Drugmaker Novartis to Invest $23 Billion to Expand US Manufacturing, Operations

The company plans to build or expand 10 facilities and bring 100 percent of its key medicines’ production inside the United States over

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