Klarna raises $800 million in financing at $6.7 billion valuation, down sharply from $45.6 billion in June 2021
Klarna Bank AB said Monday it has raised $800 million in financing at a valuation of $6.7 billion. The Swedish buy-now-pay-later payments provider said it...
Moderna says one of its COVID-19 booster candidates better protects against BA.4 and BA.5
Moderna Inc. said Monday that a bivalent COVID-19 booster that equally protects against BA.1 and the original strain of the virus produced a better antibody...
U.S. to buy 3.2 million doses of Novavax’s COVID-19 vaccine if authorized
The U.S. government purchased 3.2 million doses of Novavax Inc.'s still-investigational COVID-19 vaccine. Novavax's recombinant protein-based vaccine uses different technology than the mRNA shots developed...
Imax chalks up $23 million in receipts from opening of ‘Thor: Love and Thunder’
Imax Corp. said Monday it garnered $23 million in box office receipts from the opening of "Thor: Love and Thunder," the film from the Disney...
Kohl’s introduces gender-neutral collection and adaptive shoe line for back-to-school
Kohl's Corp. has announced a number of new collections that will be available throughout stores for back-to-school. Through a partnership with Billy Footwear, Kohl's will...
Frontier says Spirit bid is ‘last, best and final offer,’ asks Spirit to again delay shareholder meeting
Frontier Group Holdings Inc. said Monday its offer for Spirit Airlines Inc. is its "last, best and final offer," and said it will not be...
Mullen Automotive stock soars after Amazon delivery partner orders up to 600 EVs
Shares of Mullen Automotive Inc. shot up 16.2% in premarket trading Monday, after the electric vehicle maker said and Amazon.com Inc. delivery service partner placed...
U.S. stocks open lower as China COVID restrictions bite
U.S. stocks opened lower on Monday one session after the Nasdaq Composite cemented its longest win streak since November as another spate of COVID restrictions...
Redfin stock tumbles after it says housing market deals are falling through at the fastest rate in 2 years
Shares of Redfin Corp. tumbled 9.6% in morning trading Monday, after the online real estate services company said that housing market deals are falling through...