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Merck’s Keytruda wins U.S. FDA approval for bladder cancer

(Reuters) – The U.S. Food and Drug Administration said on Wednesday it approved Merck & Co Inc’s Keytruda for a hard-to-treat form of bladder cancer, making it the first new treatment for the cancer in more than two decades. The therapy was approved for patien... More »

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In remote China, a high-tech auto plant flags global challenge

(Corrects April 27 story in paragraph 10 to say production at a plant in Belgium is planned to start in 2019, and sales are planned to begin in 2020.) By Joseph White ZHANGJIAKOU, China (Reuters) – While auto workers in Germany and South Korea fight to save th... More »

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Kraft Heinz quarterly profit, sales miss estimates

FILE PHOTO: A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York March 25, 2015. REUTERS/Eduardo Munoz (Reuters) – Kraft Heinz Co’s (KHC.O) quarterly profit and sales missed analysts’ estimates on Friday, hu... More »

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Merck raises stakes in lung cancer as rivals close in

LOS ANGELES (Reuters) – Merck & Co Inc, maker of the only immunotherapy approved for patients newly-diagnosed with the most common type of lung cancer, could solidify its lead by playing the long game, even as rivals edge closer. Shares of Merck have fallen 10... More »

Gannett raises Tribune offer to about $864 million

Gannett Co Inc (GCI.N), the publisher of USA Today, raised its all-cash offer to buy Tribune Publishing Co (TPUB.N) to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $864 million. Tribune’s shares wer... More »

Gannett Co to buy Journal Media for $280 million

Gannett Co Inc, publisher of USA Today, said on Wednesday it will buy Journal Media Group for $280 million. The price of $12 a share represents an almost 45 percent premium to Journal Media’s closing share price of $8.29 Tysons Corner, Virginia-based Gannett s... More »

FDA expands approval of Merck’s Keytruda to lung cancer

The U.S. Food and Drug Administration on Friday approved Merck & Co Inc’s immunotherapy, Keytruda, for patients with the most common form of lung cancer whose tumors produce a specific biological marker. The FDA approval for Keytruda in advanced non-small cell... More »