Bristol Myers Squibb to Buy RayzeBio for $4.1 Billion 
 

Bristol Myers Squibb has struck a $4.1 billion deal to buy radiopharmaceutical therapeutics company RayzeBio.

 
Most Shoppers Didn't Hold Back This Holiday Season 
 

U.S. retail sales in stores and online rose 3.1% from Nov. 1 through Dec. 24.

 
AstraZeneca to Buy Gracell Biotechnologies 
 

AstraZeneca has agreed to buy Gracell Biotechnologies for a transaction value of $1.2 billion, as part of the former's efforts to grow its cell therapies business.

 
Intel Stock Rises on Report of Confirmed Investment in Israel 
 

Intel confirmed it will invest $25 billion in Israel to expand its wafer fabrication site, says a report.

 
How Food Stocks Spoiled in 2023 
 

Companies making packaged food were among the most notable U.S. stock underperformers of the year, and the causes were many. Next year might look better.

 
Chinese Gaming Stocks Rebound After Regulators Soften Stance 
 

Chinese gaming stocks listed in Shanghai and Shenzhen rebounded after regulators softened their stance on the latest proposal to further tighten controls on online games.

 
Verano Executive Bullish on the Future of the U.S. Cannabis Industry 
 

A potential decision to reclassify cannabis as a less restrictive drug and pending banking legislation could have a lasting impact on the sector, says company executive Darren Weiss.

 
Fog at Chicago's Midway Airport Scuttles Southwest Holiday Flights 
 

The airline canceled hundreds of flights Sunday and more than 100 on Monday as it deployed a new strategy to deal with weather-related fallout.

 
Return Policies Have Gotten More Annoying This Holiday Season 
 

Retailers such as Amazon and Macy's have added fees or shortened the window for returning online purchases.

 
Amazon Is a Go-To for Toilet Paper, Batteries. Can It Sell Cars? 
 

The online retailer said car buyers will be able to finance and purchase Hyundai vehicles on its platform starting next year.

(END) Dow Jones Newswires

December 26, 2023 09:00 ET (14:00 GMT)