Biden taking victory lap for lowering gas prices is 'egregious': Energy expert

video White House not the cause of lower gas prices: Energy expert The Schork Group principal Stephen Schork analyzes the oil market and reveals what’s really behind the falling gas prices on ‘Varney & Co.’ The Schork Report principal Stephen Schork slammed the White House Friday over taking credit for declining gas prices, telling "Varney & Co." tremendous "demand destruction," […]

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Germany faces possible $265 billion loss in added value as a byproduct of war and high energy prices

video FOX Business Flash top headlines for August 9 Check out what’s clicking on FoxBusiness.com. Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labor market, according to a study by the Institute for Employment Research (IAB). In comparison […]

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Gilead Sciences To Buy Clinical-stage Private Biotechnology Firm MiroBio For $405 Mln In Cash

Gilead Sciences, Inc. (GILD), a biopharmaceutical company, announced Thursday that it has signed a definitive agreement to acquire MiroBio, a privately-held U.K.-based biotechnology company, for around $405 million in cash. The cash consideration is subject to customary adjustments and payable at closing of the deal. MiroBio is backed by a group of international investors including Oxford Science Enterprises, Samsara BioCapital, […]

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Biden EPA plans to tackle coal industry by enacting new limits on other pollutants

video FOX Business Flash top headlines for August 1 Check out what’s clicking on FoxBusiness.com. The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose sweeping climate regulations, according to […]

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Ipsen To Acquire Epizyme For $1.45/share In Cash – Quick Facts

French pharmaceutical company Ipsen SA (IPSEY) announced Monday its agreement to acquire Epizyme, Inc. (EPZM), a company focused on delivering novel epigenetic therapies. Under the deal terms, Ipsen, through a subsidiary, will initiate a tender offer to acquire Epizyme at a price of $1.45 per share in cash at the closing of the transaction. The initial estimated aggregate consideration would […]

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Nevadans blame Biden, COVID-19, Russia for record-high gas prices

video WATCH HERE: Nevada tells Fox News who or what is to blame for rising gas prices People in Las Vegas, NV talk consequences of rising gas prices. Nevadans pointed to a variety of issues they felt were causing gas prices to surge, including President Biden's policies, the pandemic and Russia. "He shut off the pipeline day one. Why?" said […]

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Biden blasted for ramping up attacks on oil companies: 'He's an arsonist pretending to be a firefighter'

video Biden slammed as ‘arsonist pretending to be a firefighter’ for attacking oil companies Marc Short, Chief of Staff for former Vice President Mike Pence, responds to President Biden’s letter to oil executives demanding an explanation for reduced oil output. President Biden is receiving backlash after penning a letter to seven top oil executives, demanding to know why more gasoline is […]

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Prologis To Acquire Duke Realty In All-stock Deal Valued At About $26 Bln

Prologis, Inc. (PLD) and Duke Realty Corp. (DRE) announced Monday that the two companies have entered into a definitive merger agreement by which Prologis will acquire Duke Realty in an all-stock transaction, valued at approximately $26 billion, including the assumption of debt. The respective board of directors for Prologis and Duke Realty have unanimously approved the transaction. With the transaction, […]

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Record gas prices for this long 'unprecedented': AAA

Gas prices hurting middle, low-income families: Rep. Michelle Steel Rep. Michelle Steel, R-Calif., discusses the impacts of record-high gas prices. Gas prices have been hitting fresh records for the past 11 consecutive days amid the energy supply crunch in the U.S., according to the American Automobile Association (AAA), which noted that the stretch of record-high prices as the pump is "unprecedented."  Speaking […]

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