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Business August 20, 2020

Johnson & Johnson to acquire Momenta Pharmaceuticals for 6.5B

Johnson & Johnson (NYSE: JNJ) announced its decision to acquire Momenta Pharmaceuticals (NASDA: MNTA) for $6.5 billion in an all-cash transaction. Momenta Pharmaceuticals is a biotechnology company focused on discovering…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
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Business August 20, 2020
Citigroup sues for breach of contract over $900 million loan error

Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business August 20, 2020
“We Build the Wall” fraud scheme exposed, Steve Bannon arrested

On Thursday, Aug. 20, former Trump political advisor and chief strategist Steve Bannon and three others were arrested…

By Lillian Abbatacola Lillian serves as a DC based freelance writer and a full-time political analyst. She hails from Chicago and is a fine art fanatic.
Business August 20, 2020
Goodyear experiences market dip as Trump calls for boycott

Goodyear Tire & Rubber Co. reported significant losses on Wednesday following a tweet from President Trump calling for…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 20, 2020
Apple reaches $2 trillion market cap, breaking records

Apple reached a whopping $2 trillion market cap on Wednesday, making it the first publicly traded company to…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 20, 2020
Dragoneer Growth Opportunities raised $600M in IPO

Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business August 19, 2020
Pennsylvania provides hazard pay for front-line workers amid COVID-19 pandemic

Pennsylvania Governor Tom Wolf said his administration already awarded the $50 million in funding to help employers provide…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 19, 2020
Teva allegedly used charitable foundations to funnel illegal kickbacks to Medicare patients

Teva Pharmaceuticals (NYSE: TEVA) is facing another legal challenge, less than a year after reaching a global settlement…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 19, 2020
Noble Energy investor challenges board of directors over Chevron deal in lawsuit

Noble Energy investor David Walsh has sued Noble in a New York federal court, aiming to put the…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 19, 2020
Whiting petroleum brings in new leadership as part of Ch 11 reorganization

Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business August 19, 2020
Apollo Global Management invests $265 Million in US Wind

Apollo Global Management, Inc. (NYSE: APO announced that some of its affiliate funds invested in an offshore wind…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

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