Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
Reports of tensions may have been sparked by Kraft Heinz's underperformance and because of accounting problems at the packaged goods company.Investingread more
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.Investing in Spaceread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
Bustle Digital Group agreed this week to buy digital media company Mic, a company spokesperson confirmed to CNBC. The deal was valued at about $5 million, the Wall Street Journal reported. Mic had previously raised almost $60 million from investors including WPP Ventures, Lightspeed Venture Partners and Alumni Ventures Group, according to Crunchbase.
Wave Computing, a Silicon Valley-based cloud company specializing in artificial intelligence, raised $86 million in Series E funding, led by Oakmont Corporation. The round brings total investment in Wave to more than $200 million.
Workforce management company Deputy closed $81 million in Series B funding, led by IVP. The Australian software start-up works with companies like Amazon, Uber and Compass to schedule hourly employees for shifts and pay out wages. Deputy has raised $106 million to date.
Online oral health company Quip raised $40 million in equity and debt financing. The equity round was led by Sherpa Capital. The company mails sleek electric toothbrushes and other oral care products to subscribers and offers ongoing dental advice.
Rheostat Therapeutics announced $23 million in Series A financing. The start-up works to discover new treatments for neurodegeneration, cognition and rare diseases. The round was led by MRLV, a venture capital group within Merck, and AbbVie Ventures. It also included participation from Amgen Ventures, Alexandria Venture Investments and the Mayo Clinic.
Former Snap Chief Strategy Officer Imran Kahn has raised $17.5 million for a new e-commerce start-up, Axios reports. Lightspeed Venture Partners led the investment round, according to Axios. Kahn hasn't commented on the name of the company or what it plans to sell, but an unnamed source tells Axios the start-up with launch in time for the 2019 holiday season.
MondoBrain, an enterprise AI firm, raised $13.3 million in Series A financing, led by French fund Japia. The start-up is headquartered in Virginia and has more than 50 enterprise customers including Airbus and Johnson & Johnson.
Roam Robotics announced $12 million in Series A funding, led by Yamaha Motor Co. The company says it builds "robotic exoskeletons to enhance strength, speed and endurance for everyday people as they live, work and play." Boost VC, Menlo Ventures and Venture Investment Associates also participated in the round.
Tock, a global platform for restaurant and winery reservations, raised $9.5 million in a round led by Valor Equity Partners and Origin Ventures. The start-up manages reservations and seatings for restaurants, similar to OpenTable or Resy, but applies the technology to pop-up shops and event-based businesses as well.
Salesforce CEO Marc Benioff and Ashton Kutcher's venture fund Sound Ventures were among the backers in a $2 million seed round in LearnLux, a digital financial wellness platform. The start-up offers customized financial services platforms for businesses and employers as a means to reduce stress in the workplace.
Facebook invested $1 million in CodePath.org, a nonprofit that provides computer science education to female and minority students at universities around the country. Since launching its university program three years ago, CodePath.org has taught 1,700 students across 30 universities.
Fred Moll, inventor of the da Vinci Surgical System, has raised $220 million for his next-generation robotics venture, Auris Health, in a deal led by Partner Fund Management. The company's Monarch Platform is a flexible, robotic endoscope that is operated using a game controller. The device can snake through a patient's natural body openings into the far reaches of their lungs to diagnose and help treat lung cancer as early as possible.
Qualcomm Ventures launched a $100 million AI start-up fund, which will "focus on start-ups that share the vision of on-device AI becoming more powerful and widespread, with an emphasis on those developing new technology for autonomous cars, robotics and machine learning platforms," Qualcomm said. Qualcomm Ventures has previously invested in companies including Cruise, Cloudflare, Fitbit and Magic Leap.
—CNBC's Salvador Rodriguez contributed to this report.