NantKwest Inc. shares closed their first day of trading Tuesday at $34.64, nearly 39% above their offering price.
The Financial Industry Regulatory Authority permanently barred former Merrill Lynch financial adviser Tom Buck from the brokerage industry.
Global stocks bounced back Tuesday, as a relatively muted decline in Chinese shares allowed investors to focus on upbeat corporate earnings and the Federal Reserve’s monetary-policy meeting.
Some of the biggest players in the world of commercial drones are drawing up plans for how to safely manage the growing flock of unmanned vehicles in what are quickly becoming crowded skies.
Intel and Micron say they developed a new breed of memory chips that could bring dramatic performance gains to computers, smartphones and other kinds of high-tech products.
Procter & Gamble is expected to soon name David Taylor as CEO, succeeding A.G. Lafley, who came out of retirement to take a second stint running the company.
While investors are excited about Allergan’s pursuit of more deals, they have to hope it doesn’t bite off more than it can chew.
Home prices made solid gains in May, according to a report released Tuesday, as the housing market increasingly appears to be regaining strength after a long, uneven recovery.
BP has been active in cutting in response to the lower oil price environment. Its mixed success just reflects the challenge for the oil and gas sector.
Consumers unexpectedly took a dimmer view of the U.S. economy this month. The Conference Board research group said its index of consumer confidence fell to 90.9 in July from a revised 99.8 in June.