BioNTech Acquires CureVac for $1.25 Billion in Share Deal
Deal Overview
German biotech firm BioNTech has announced the acquisition of its rival CureVac for approximately $1.25 billion in BioNTech shares. This move aims to...
GM to Invest $4B in U.S. Manufacturing for EVs and Gas Vehicles
General Motors' $4 Billion U.S. Manufacturing Investment
General Motors (GM) announced plans to invest $4 billion over the next two years to expand its domestic...
Impact of Immigration Shifts on U.S. Labor Market
Immigration Reductions and Labor Market Uncertainty
Seismic shifts in immigration are distorting the U.S. employment picture, making it harder for investors and policymakers to fully...
China’s Export Growth Slows Amid U.S. Tariffs and Deflation
Overview of China's Economic Slowdown
In May, China experienced a slowdown in export growth, hitting a three-month low, as the impact of U.S. tariffs continued...
Used Vehicle Prices Ease After April’s High
Used vehicle prices experienced a slight decline in May, following a strong surge in April, as consumers who had been wary of price hikes...
Nintendo Switch 2 Launches Faces Demand and Tariff Concerns
On Thursday, gamers lined up outside stores from Tokyo to New York City, hoping to secure the long-awaited Nintendo Switch 2. This new console,...