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Eli Lilly's $3.2 Billion Purchase of Morphic to Enhance Chronic Illness Therapies

Eli Lilly's $3.2 Billion Purchase of Morphic to Enhance Chronic Illness Therapies

Eli Lilly & Co. is acquiring US biopharma company Morphic Holding Inc. for $3.2 billion to advance its experimental therapies for inflammatory bowel disease and other chronic illnesses.


Philippines’ Jobless Rate Increases to 4.1% in May, Official Statistics Say

The unemployment rate in the Philippines was recorded at 4.1% as more Filipinos join the workforce and the labor market, while the underemployment rate decreased to 9.9% in May compared to 14.6% in April, the lowest it has been since 2005.

Elon Musk's SpaceX Is Reportedly Harming Local Bird Habitats in Texas

Elon Musk's SpaceX is under scrutiny for its operations at the Starbase facility in Boca Chica, Texas.

Donald Trump's Son Eric Trump to Pursue More Gulf Deals Amid His Father’s Re-Election Bid

Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks re-election.


Latest News

Guaranteed Basic Income: New Parents in California City to Receive $500 a Month
A California city is implementing a guaranteed basic income pilot, providing new parents with $500 monthly to support families.
TSMC Shares Rise Despite Expectations of Tighter 2025
Shares of the TSMC rose to a record intraday high in Taipei’s stock market after Morgan Stanley and other brokers boosted price targets on the company before its earnings.
Student Loan Forgiveness: Biden Administration Announces $7.7 Billion Relief for 160,000 Borrowers
This guide provides essential information and tips for new borrowers to understand how student loans work and navigate the borrowing process effectively.
US National Debt on Pace to Reach Record-Setting Level in the Next 4 Years
The United States (US) is reportedly on the path to encountering an unprecedented level of national debt in the next four years.
Boeing Firefighters Approve New Contract Deal With Big Pay Hikes, Ending Weeks-Long Lockout
Boeing would reportedly plead guilty to one count of conspiracy to defraud the US and pay up to $487 million in penalties to avoid prosecution.
Michael Jackson's Neverland Ranch Under Threat of California Wildfire
A wildfire in the mountains above Santa Barbara County's Santa Ynez Valley on July 5 appears to threaten Neverland Ranch, Michael Jackson's former estate.
argentina beef
Beef-loving Argentines are cutting down on steaks as the economy slumps, lowering cattle consumption to a historic low.
Emperor Napoleon I pistols
Napoleon Bonaparte's two pistols, intended as suicide weapons, sold for €1.69 million. This photograph shows a box with two pistols, which belonged to Emperor Napoleon I, during the preview before their auction, in Paris on June 18, 2024.
What France’s Left-Wing Coalition’s Surprise Election Win Could Mean for Markets
France’s snap general election revealed an unexpectedly strong second round result from the New Popular Front, a coalition of left-wing parties.
electric vehicle battery
Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.
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