Markets

Pulmatrix Inc (NASDAQ:PULM) Will Receive An Upfront Payment Of $7.2 Million From Johnson & Johnson (NYSE:JNJ)’s Lung Cancer Initiative For Licensing Kinase Inhibitor

Johnson & Johnson (NYSE:JNJ)’s Lung Cancer Initiative has signed a licensing and development accord to access narrow-spectrum Kinase inhibitors of Pulmatrix Inc (NASDAQ:PULM). As per the terms of the deal, Lung Cancer Initiative will initially pay an upfront amount of $7.2 million to Pulmatrix. The company will pay an additional amount of $2 million on […]

FuelCell Energy Inc (NASDAQ:FCEL) Announces Advances In Renewable Biogas Applications: Commences Commercial Operation Of Tulare Project

FuelCell Energy Inc (NASDAQ:FCEL) has commenced the commercial operation of a 2.8 MW fuel cell project at Tulare City, California. It is on the backdrop of over fifty years of innovation efforts to optimize SureSource Power Plants to produce power with the help of on-site renewable fuels. Digester gas for operation of 250 KW System […]

Nadir Ali Of Inpixon (NASDAQ:INPX) Issues A Recap Of The Business In 2019 And Provides Guidance For 2020

Nadir Ali, Chief Executive Officer of Inpixon (NASDAQ:INPX), issued a recap of the business highlights in 2019. A reputed technology analyst, Gartner has named Inpixon for its excellence in Magic Quadrant for indoor location services across the world. The company focused on integration and interoperability last year, and it is a milestone for its enhancements […]

McDermott International Inc (NYSE:MDR) Expects To File For Bankruptcy: McDermott Seeks Bankruptcy Loan Of $2 Billion From HPS Investment Partners

McDermott International Inc (NYSE:MDR) expects to file for bankruptcy in the next few weeks. The company is in discussions with Baupost Group LLC and HPS Investment Partners for a bankruptcy loan of $2 billion. The company will use the funds for continuing its regular operations. McDermott stock trades $0.67 (down 0.98%) on January 2, 2019. […]

Amazon.com, Inc. (NASDAQ:AMZN) Expects To Lay The Foundation For HQ2 In Arlington Country, Virginia: Amazon Will Create 25,000 Jobs

Amazon.com, Inc. (NASDAQ:AMZN) has received the nod for its plans from the board of Arlington, Virginia, to build its second headquarters in Arlington County. It now expects to lay the foundation on 2.1 million Sq. Ft. in early 2020. The company would complete the construction in the next three years. Construct two 22-story buildings Amazon […]

Dr. Joseph Wiesel Files A Lawsuit Against Apple Inc. (NASDAQ:AAPL) For Infringement Of His Patented Heart Monitoring Method: Apple Generated Sales Of $24 Billion

A New York Cardiologist has filed a lawsuit against Apple Inc. (NASDAQ:AAPL) for infringing his invention to detect an irregular heartbeat. Dr. Wiesel has received a patent from the US for an apparatus and method to detect atrial fibrillation on March 28, 2006. According to him, Apple has intentionally violated his patent. Dr. Joseph Wiesel, […]

Alphabet Inc (NASDAQ:GOOGL)’s Google Will Put An End To Dutch Sandwich And Double Irish Tax Strategies

Alphabet Inc’s (NASDAQ:GOOGL) Google is putting an end to double sandwich and double Irish tax strategies. It is on the backdrop of Google to comply with new regulations in 2020. The company is comfortable to avoid tax on overseas ad revenues by moving funds until 2020 to countries like Bermuda, which doesn’t charge corporate tax. […]

Wealthy Americans Bat For Antitrust Violations For Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOGL)’s Google, And Facebook, Inc. (NASDAQ:FB)

Politicians, including Democrats and Republicans, are wary of large tech firms: Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOGL)’s Google, and Facebook, Inc. (NASDAQ:FB). Wealthy Americans observe the same echo in the US about large tech companies. They believe that the US government should pursue antitrust violations against these tech companies. Trust in large tech companies declines […]

Benefits Of Creating Customs Fonts For Alphabet Inc (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL), And Facebook, Inc. (NASDAQ:FB)

With the advent of the latest technologies and new high-resolution screens, tech companies such as Alphabet Inc (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL), and Facebook, Inc. (NASDAQ:FB) has created their fonts. One can easily differentiate an I and W on the new high-resolution screen. The availability of innovative tools to create custom fonts has allowed the companies […]

Bitter Experience With Amazon.com, Inc. (NASDAQ:AMZN)’s Credit Company – Synchrony: Amazon Reports Robust Sales During Holiday Season

Amazon.com, Inc. (NASDAQ:AMZN) enjoys the patronage of several customers worldwide. The company has introduced a store card to help its customers, who have a low credit score. It loads their card with a credit of around $120. The customers usually pay in full or part of the amount every month. Reports to credit bureaus The […]