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Alamar Biosciences valued at $1.5 billion as shares jump in Nasdaq debut

By Arasu Kannagi Basil and Prakhar Srivastava April 17 (Reuters) - Alamar Biosciences fetched a $1.53 billion valuation after the protein biomarker detection platform's shares jumped 33% in their Nasdaq debut on Friday, as de-escalating geopolitical tensions revive the IPO ...
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Kailera soars over 60% in Nasdaq debut as weight-loss drug race heats up

By Manya Saini April 17 (Reuters) - Weight-loss drug developer Kailera Therapeutics' shares surged 62.5% in their Nasdaq debut on Friday after closing a $625 million U.S. initial public offering, as Wall Street's appetite for the fast-growing market remains unsated. Success ...
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Air Canada will suspend flights to JFK for nearly 5 months as jet fuel costs soar

NEW YORK (AP) - Air Canada will suspend service to New York's JFK International airport over the summer as the war in Iran creates jet fuel shortages that have sent prices soaring. Canada's flag carrier said Friday that service from ...
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Home shopping network pioneer QVC files for bankruptcy protection

The owner of home shopping network pioneer QVC has filed for Chapter 11 bankruptcy protection. The filing by parent company QVC Group, which also owns HSN, formerly the Home Shopping Network, arrives as long-running TV shopping networks struggle to ...
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Wildfires used to ‘go to sleep’ at night. Climate change has them burning overtime

WASHINGTON (AP) - Burning time for North American wildfires is going into overtime. Flames are lasting later into the night and starting earlier in the morning because human-caused climate change is extending the hotter and drier conditions that feed ...
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Belgium’s UCB to acquire Neurona Therapeutics for up to $1.15 billion

April 17 (Reuters) - Belgian biopharmaceutical group UCB said on Friday it will acquire U.S.-based Neurona Therapeutics for up to $1.15 billion in a deal that will strengthen its epilepsy portfolio. UCB will shell out $650 million upfront and ...
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San Diego Padres are nearing a whopping sale, AP source says

The family of late San Diego Padres owner Peter Seidler is nearing a sale of the team, a person with knowledge of the negotiations told The Associated Press on Friday. The person spoke on condition of anonymity because the Padres ...
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Prosecutors say makeup, wigs helped former Alabama tackle impersonate NFL players in $20M fraud

ATLANTA (AP) - In early 2024, a former defensive tackle at the University of Alabama put on makeup and a wig and got on a video call from a swanky suburban Atlanta hotel to finalize a $4 million loan. Luther ...
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U.S. Supreme Court slaps down Chevron oil lawsuit

(The Center Square) - The U.S. Supreme Court, in an 8-0 decision Friday, sent back a state court ruling in favor of oil companies Chevron and ExxonMobil seeking millions of dollars for decades of oil production in Louisiana. ...
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Oil prices fall as Trump, Iran say Strait of Hormuz is ‘fully open’

(The Center Square) - The Strait of Hormuz is fully opened, Iranian officials and President Donald Trump said Friday, sending oil prices down. Iran ...
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Illinois GOP aims to keep power plants open, increase charge transparency

(The Center Square) - As closure of coal and natural gas powered energy plants loom, a group of GOP lawmakers have called for major shifts in Illinois' energy policy. ...
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‘I don’t want you’ say residents fuming data center farm takeovers

(The Center Square) - Yard signs reading "NO DATA CENTERS ON OUR FARMS" are spreading across Pennsylvania's Slate Belt region as residents mobilize against a proposed project in Northampton County. ...
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