SmileDirectClub stock rallies on cost cuts, workforce ‘realignment’
[ad_1] Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even…
GE Healthcare will join S&P 500 as soon as it begins trading
[ad_1] GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into…
Elon Musk claims Neuralink brain implants could be ready to test in humans in 6 months
[ad_1] Elon Musk‘s startup Neuralink Corp. should be ready to test its technology on humans in six months, the entrepreneur said Wednesday during a live-streamed update about progress the company…
Estée Lauder prevails in auction to buy Tom Ford in deal worth $2.8 billion
[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…
EssilorLuxottica sales rise thanks to strong Europe sales, China reopening
[ad_1] EssilorLuxottica SA said Friday that revenue in the third quarter picked up thanks to strong sunglasses sales in Europe over the summer and reopenings in China. The Franco-Italian eyewear…
Bio-Rad and German-based biotech Qiagen weighing latest tie-up in medical-diagnostic market
[ad_1] Bio-Rad Laboratories Inc. is in talks to combine with fellow life-sciences company Qiagen NV in a deal that would be worth more than $10 billion, according to people familiar with the matter. The…