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U.S. News 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
Latest news
U.S. News 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
U.S. News 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
U.S. News 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
U.S. News 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
U.S. News August 19, 2020
2020 Democratic Convention off to slow start with disappointing ratings

The 2020 Democratic Convention kicked off on Monday, marking a less-than-fantastic start for the Democrats following disappointing viewership…

By Colby McCoy
U.S. News 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
U.S. News 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
U.S. News August 18, 2020
President Trump pardons Susan B. Anthony

On the 100th anniversary of the ratification of the 19th amendment, President Trump pardoned Susan B. Anthony posthumously.…

By Jackie Allen
U.S. News August 18, 2020
Illinois Mayor Louis Presta latest charged in red-light camera scandal

Crestwood, Illinois, Mayor Louis Presta, 69, was indicted on bribery and fraud charges Aug. 7, by the U.S. District…

By Jackie Allen
U.S. News August 18, 2020
Fortnite maker accuses Google of “using its size to do evil upon competitors”

Epic Games, the maker of Fortnite online video games, sued Google for allegedly maintaining unlawful monopolies and engaging…

By Marivic Cabural Summers

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