Illumina, the leading maker of gene sequencing machines, said Sunday it would sell Grail, a cancer test developer it bought for $7.1 billion in 2021. The move came two days after Illumina lost its case in a federal appeals court that largely upheld a Federal Trade Commission decision that Illumina should terminate its contract with … [Read more…]
KO Coke (NYSE: KO) doesn’t even make most of the Coca-Cola cans you see; it does something completely different. Most of the beverage giant’s revenue comes from selling syrups and concentrates to bottlers, the front lines selling Coca-Cola’s products. In this video, Travis Hoium explains how the business works and why Coca-Cola outsourced bottling to … [Read more…]
Tristan Fewings/Getty Images Sotheby’s global whiskey chief Jonny Fowle unveils a bottle of The Macallan 1926, the world’s most expensive whiskey, on October 19, 2023, in London, England. London CNN – For those who appreciate life’s finer drops, a bottle of the world’s “most coveted Scotch whiskey” sold for more than 2.1 million pounds ($2.7 … [Read more…]
A bottle of Scotch whiskey said to be “the most coveted” in the world has sold for almost £2.2 million ($2.7 million). November 18, 2023, 11:17 am ET • 2 min reading LONDON – A bottle of Scotch whiskey considered “the most coveted” in the world sold for nearly 2.2 million pounds ($2.7 million) on … [Read more…]
Volvo Cars shares fell as much as 14% on Friday, hitting a record low. Volvo parent company Zhejiang Geely Holding Group has started selling around 100 million shares in the Swedish carmaker. Volvo vehicles seen outside an Edmonton Volvo dealership on October 26, 2023 in Edmonton, Alberta, Canada. Arthur Widak | Photo only | Getty … [Read more…]
While 0.03 percent of the luggage is lost, it ends up at a store called Unclaimed Baggage in Scottsboro, Alabama. It is the only lost luggage store in the country and has contracts with all domestic airlines. They even have a found treasure museum that showcases all of the unique finds from their 53 year … [Read more…]
Founded in the midst of an economic crisis, the Beauchamp Art Galleries continue to strive to sell works of art as safe investments, even in difficult economic contexts. “We started this in the middle of the employment crisis [en 1993]“, then we had the internet bubble, the crash of 2008 and finally COVID,” says gallery … [Read more…]