Dice Therapeutics to be acquired by Eli Lilly in $2.4 billion deal

David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly announced on Tuesday that it has entered into a strategic deal valued at $2.4 billion to acquire Dice Therapeutics . This strategic move will strengthen Eli Lilly’s treatment portfolio for immune-related diseases. The deal will involve Eli Lilly acquiring Dice Therapeutics at a price …

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April 2023 Retail Sales Report

A shopper peruses shirts at a clothing store in Atlanta, Georgia, US, on Tuesday, Feb. 14, 2023. Dustin Chambers | Bloomberg | Getty Images In April, retail sales experienced a modest increase that failed to meet expectations, according to a report from the Commerce Department. The advanced sales report indicated a 0.4% increase, falling short …

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£63m Striker Christopher Nkunku Officially Joins Chelsea

BREAKING NEWS: Chelsea Officially Announce £53m Signing of RB Leipzig Star Christopher Nkunku as Todd Boehly Continues to Invest in the Squad In a long-awaited announcement, Chelsea FC has confirmed the arrival of Christopher Nkunku from RB Leipzig. The 25-year-old French forward has signed a six-year contract with the Blues after a pre-agreement was made …

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Investment Manager Seeking to Close Racial Wealth Gap

Jim Casselberry, Known Source: Known Black people in America achieved their personal freedom 158 years ago, but economic freedom has remained elusive. Jim Casselberry, a veteran portfolio manager, aims to address this issue by leveraging his four decades of investing experience to help bridge the wealth gap for people of color and the Indigenous population. …

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Andoni Iraola appointed as Bournemouth’s new manager on a two-year contract following the dismissal of Gary O’Neil

Bournemouth has swiftly announced the appointment of Andoni Iraola as their new manager, just hours after brutally sacking Gary O’Neil. The Cherries wasted no time in securing the services of the former Rayo Vallecano boss on a two-year deal. This surprising move comes after O’Neil’s unexpected dismissal earlier in the day, leaving him feeling shocked …

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DOJ reports tens of millions extorted by Russian ransomware hacker

A 20-year-old Russian hacker has been implicated in a sophisticated campaign that aimed to extort millions of dollars from over 1,400 victims, as confirmed by federal prosecutors. The hacker, Ruslan Astamirov, hailing from the Russian-controlled Chechen Republic, was apprehended by federal law enforcement agents for charges including conspiracy to commit wire fraud and ransoming. Astamirov’s …

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Fed-Indicated Gauge Shows 0.4% April Inflation Jump and 4.7% Year-on-Year Surge

In April, inflation remained persistently high, potentially strengthening the possibility of prolonged higher interest rates, as stated in a closely monitored gauge released by the Federal Reserve on Friday. The personal consumption expenditures (PCE) price index, which measures a range of goods and services and adjusts for changes in consumer behavior, increased by 0.4% for …

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