Tagged: Company coverage

Bitcoin hits all-time high

Bitcoin reached an all-time high of more than $33,000 over the weekend thanks to growing interest from institutional investors. Alden Bentley from Reuters reported: Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning...

AstraZeneca to buy Alexion Pharmaceuticals

AstraZeneca will buy Alexion Pharmaceuticals for $39 billion to expand into rare disease treatments. The Wall Street Journal’s Jenny Strasburg and Joseph Walker reported: AstraZeneca AZN 0.71% PLC said it agreed to buy Boston-based...

Southwest warns of 6,800 furloughs

Southwest Airlines has warned it may have to furlough as many as 6,800 staff. Leslie Josephs from CNBC reported: Southwest Airlines on Thursday said it could furlough more than 6,800 employees — about 12%...

UPS puts shipping limits on retailers

UPS has introduced shipping limits on several large retailers to be able to cope with the holiday online shopping rush. Paul Ziobro from the Wall Street Journal reported: United Parcel Service Inc. imposed shipping...