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Drugmaker Bristol-Myers Squibb announced Thursday a billion deal to buy Celgene, in one of the biggest mergers in pharmaceutical industry history.The deal, which still needs the approval of shareholders and regulators, will be paid with a combination of stock and cash. Bristol-Myers is the result of a 1989 merger of two companies that traced their roots back to the 19th century, and is the eighth largest US drugmaker, with annual revenue of .8 billion in 2017. Celgene is the ninth largest with revenue of billion.The combined company could become the fourth largest pharmaceutical company in the United States.Shares of Bristol-Myers ( 663

CHICAGO, Ill. — As expected, All-Star weekend was largely about paying tribute to the life of Kobe Bryant, the basketball legend who was killed in a January helicopter crash, along with his 13-year-old daughter Gigi and seven others.The first All-Star MVP award named for Bryant was handed out to Los Angeles Clippers star Kawhi Leonard Sunday night. 363

China won't broadcast or stream NBA preseason games held in the country. It's a dramatic escalation of a political firestorm that began when the general manager of the Houston Rockets expressed 206

Comedian Jon Stewart is bringing a serious message to Congress, this time: Extend the compensation program for survivors of and responders to the September 11 terrorist attacks.The former "Daily Show" host, union officials and survivor groups are scheduled to visit Washington on Monday to call on Congress to provide additional funding for and make permanent the 376

CORNING, Mo. — As the cleanup along the Missouri River continues following significant flooding last month, several communities are finally seeing what the floodwaters left behind.Flooding ravaged farmers along the Missouri Bottoms, including 71-year-old Bruce Biermann’s farm in Corning, Missouri.The fourth-generation farmer surveyed his farm on Wednesday. He said two grain bins containing corn and soybeans were destroyed.The strong current washed the bins into his front yard and even into neighboring fields.“They are now deteriorating, rotting, swelling up and sprouting,” Biermann said.He stored the grain because it was a down year for market value on the crops. He was hoping to sell when prices increased.“This year it wasn’t as attractive as we needed it or what we would have liked for it to be, but we needed to start moving grain,” he said.He learned a hard lesson: all of his grain is now ruined and will not be covered by insurance because stored crops aren’t covered under federal law.“All this would have to come out of our pocket, along with the loss of income from the grain that has no market value left whatsoever now,” Biermann said.The financial damage totals around 0,000 in lost grain.“That money was supposed to go ahead and help me finance and do my farming for 2019,” he said.Biermann won’t be in the fields this year. Over his 71 years, he said he's been through a lot of floods, but this one might be his last.With the possibility of more flooding on the way, Biermann hopes lawmakers make changes soon to help farmers in these situations. 1586

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