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By David Dolan and Kanjyik Ghosh TOKYO (Reuters) -Drugmaker Merck will pay Daiichi Sankyo $5.5 billion to jointly develop three of its candidate cancer drugs, they…

By Gloria Dickie Hurricanes spinning across the Atlantic Ocean are now more than twice as likely to strengthen from a weak Category 1 storm to a…

© Reuters. FILE PHOTO: A logo of Renault is seen on a car during the French carmaker Renault’s 2022 annual results presentation in Boulogne-Billancourt, near Paris,…

President Joe Biden on Friday asked Congress for about $14 billion to support Israel as it battles Hamas, and requested more than $61 billion to aid…

“ Making a distinction between tax avoidance (which is legal) and tax evasion (illegal). ” In September, the IRS announced that it intends to shift its…

CSX Corp.’s third-quarter service performance is resonating with analysts, despite subdued shipping trends.  The railroad giant’s shares rose 2.9% in trading Friday after CSX CSX, +1.02% reported…

Jerome Powell Mandel Ngan/Agence France-Presse/Getty Images Federal Reserve Chair Jerome Powell on Thursday offered up reasons for the continued surge in long-term Treasury yields, and may…

Mortgage rates are nearing 8%. Prices have climbed for the past three months straight. And there were fewer homes on the market in September than any…

The Biden administration on Friday requested more than $105 billion from Congress to support the security needs of Ukraine, Israel, Taiwan and the U.S. southern border. President…

Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the defense’s arguments to a scene in the 1994 film “Dumb and Dumber,”…