Kymera stock surges on product pipeline update
On Tuesday, Kymera Therapeutics shares leaped 12% following the biotechnology firm’s update on its product pipeline. The New York-based company announced progress in its programs for atopic dermatitis (AD) and asthma, which has sparked a positive response in the market. Kymera,
US airline industry lobbying group chief retiring at end of year
By David Shepardson WASHINGTON (Reuters) – The long-time head of the trade group Airlines for America who helped U.S. airlines win $54 billion in federal COVID relief funds will retire at the end of the year. Nick Calio, a former aide to
RedNote gains popularity as TikTok ban looms in the U.S.
Investing.com — As the proposed U.S. ban on the popular social media app TikTok approaches, Chinese social media app RedNote has seen a surge in new users. The app, known as Xiaohongshu in China, has been attracting American and Chinese
Meta to lay off 5% of ‘lowest performers’, plans to hire for impacted roles
(Reuters) – Meta Platforms (NASDAQ:META) will trim about 5% of its “lowest performers” and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts
Biden administration to revoke Cuba’s terrorism sponsor designation
Investing.com — The Biden administration is anticipated to life the U.S. designation of Cuba as a state sponsor of terrorism on Tuesday, as reported by the Associated Press. The White House National Security Council officials have not commented on this