Johnson & Johnson to Acquire Cancer-Treatment Developer Ambrx for $2 Billion

Johnson & Johnson to Acquire Cancer-Treatment Developer Ambrx for $2 Billion

Johnson & Johnson will acquire cancer-treatment developer Ambrx Biopharma in a $2 billion cash deal. The pharmaceutical giant said Monday that the deal to acquire all shares of Ambrx for $28 each was expected have a value of $1.9 billion net of estimated cash required. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….

So you want to be a social media star? Here’s how to make money as an influencer in 2024

So you want to be a social media star? Here’s how to make money as an influencer in 2024

Half a trillion dollars. That’s how large the creator economy, currently pegged at $250 billion, is predicted to grow in the next four years, according to Goldman Sachs. While people have been making a living off of creating content for online audiences for nearly two decades, what was once a nascent industry is growing up….

Shell Flags Earnings Hit of Up to $4.5 Billion From Impairments

Shell Flags Earnings Hit of Up to $4.5 Billion From Impairments

Updated Jan. 8, 2024 5:44 am ET Shell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. The London-based energy giant said Monday that the impairments were primarily driven…

The Cable Company That Wants to Take the Pain Out of Streaming

The Cable Company That Wants to Take the Pain Out of Streaming

Streaming your favorite shows and movies is fun. Less fun: paying for six different services, remembering multiple passwords, figuring out which service has which program—and toggling to live TV so you can watch news and sports.  Guess who says he can help? The cable guy. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….

China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit

China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit

Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors.  A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8