Melbourne biotech axes local RAT plans

A Melbourne biotech has axed plans to build a Victorian manufacturing plant for rapid antigen tests after the company told the state government it doesn’t have the resources to commit to the plan. Lumos Diagnostics, which listed on the ASX last year, was planning to set up a $17.2 million […]

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Oracle lays off hundreds of employees

video Fox Business Flash top headlines for August 5 Check out what’s clicking on FoxBusiness.com. Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. The job cuts principally hit staff […]

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Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders react to the latest batch of earnings news from big-name companies. Materials, energy and technology stocks are also providing support to the markets. Asian markets closed mostly lower on […]

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Jones says he made a mistake after jury's decision

New York (CNN Business)A Texas jury now has to decide whether Alex Jones will have to pay punitive damages to the parents of Sandy Hook shooting victim Jesse Lewis. The jurors began deliberating around 12:30 pm CT on Friday, after Judge Maya Guerra Gamble reminded them that in a default […]

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