Amgen said Thursday that it will no longer develop an early-stage obesity pill, and will instead focus on a more advanced injectable candidate that’s seen as a potential competitor to Novo ...

management’s comments “should allay fears and probably take the worst-case scenarios off the table,” making it easier to own the stock, Jefferies analysts said in a note Thursday. Amgen ...

The move comes after Disney CEO Bob Iger said the company would reduce output, particularly at Marvel. By Aaron Couch, Borys Kit Layoffs are occurring Monday at Marvel Entertainment in New York ...

Tesla is reportedly cutting additional jobs and two more top executives are gone after the electric vehicle giant slashed its workforce by 10% earlier this month. The Information reported that ...

Tepezza is the bestselling drug of Horizon Therapeutics, which Amgen acquired last October in a $27.8 billion deal after fending off a challenge from U.S. antitrust regulators. The U.S. Food and ...

While we don’t have an exact percentage, “more than 10%” means at least 14,000 employees will be laid off, as Tesla’s employee headcount is somewhere on the order of 140,000 total ...

Google has laid off employees in what is being described as a “pretty large-scale” restructuring in which the tech giant is moving some jobs overseas. Ruth Porat, Google’s chief financial ...

opens new tab has laid off staff from the software, service and engineering departments, tech publication Electrek reported on Monday, citing sources familiar with the matter. The move comes after ...

opens new tab is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. The Google ...

Customers can reach employees through chat, email or by calling. TESLA TO LAY OFF MORE THAN 10% OF WORKFORCE, REPORT SAYS The shift will result "in a reduction in staff," according to the company ...