Shares of Galera Therapeutics Inc. (GRTX) skyrocketed 95% on Tuesday, thanks to corrected results from its ROMAN trial. The ROMAN trial is a phase III study comparing the company’s lead drug candidate Avasopasem against placebo for the treatment of severe oral mucositis in patients with locally advanced head and neck […]

UPDATED: Cineplex today announced that it had prevailed in its lawsuit against Cineworld Group. The case centered on a deal in which Cineworld was to have acquired Canadian exhibitor Cineplex. The Ontario Superior Court of Justice has now ruled that Cineworld “repudiated the transaction to acquire Cineplex.” As a result, […]

The average size of a climate tech deal almost quadrupled to $96 million in the first half of 2021, up from $27 million one year prior, PwC said. It added that the number of active climate tech investors rose from less than 900 in the first half of 2020 to […]

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Loading chart… IonQ: "That's the problem. Everybody wants quantum computer. I went out there with Nvidia looking for quantum computer. We own Honeywell […]

The current national unemployment rate is 4.2%, according to the Bureau of Labor Statistics in its “The Employment Situation — November 2021” report. It is hard to imagine that unemployment was three times that just a year and a half ago. The economy added 210,000 jobs in November after adding […]

With the cost of living ticking up, investors may consider I bonds, an inflation-protected and nearly risk-free asset, paying a 7.12% annual rate through next April.  A couple may each buy $10,000 before the end of 2021, and another $20,000 in January 2022, for a total of $40,000 in I bonds. […]

Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. "I was wrong on this," he told CNBC's Wilfred Frost Monday on "Closing Bell."  "I thought we would […]

New York (CNN Business)A key inflation gauge showed that US prices continued to climb in November as pandemic-era supply chain chaos and a labor shortage continues. The producer price index — which tracks the average changes in selling prices that domestic producers receive over time — rose 9.6% over the […]

Germany industrial output recovered at a stronger than expected pace in October underpinned by auto production, data released by Destatis revealed on Tuesday. Industrial production grew 2.8 percent on a monthly basis in October, reversing a 0.5 percent fall in September. Production was forecast to grow 0.8 percent. Excluding energy […]

After reporting a record U.S. trade deficit in the previous month, the Commerce Department released a report on Tuesday showing the trade deficit narrowed significantly in the month of October amid a spike in the value of exports. The Commerce Department said the trade deficit decreased to $67.1 billion in […]