Business, News Now!

Business updates: Exxon Mobil and Chevron report quarterly losses

Two U.S. energy giants reported losses in an industry punished by pandemic lockdowns. Exxon Mobil and Chevron, the country’s two energy giants, on Friday reported quarterly losses as the oil and gas industry continued to reel from the pandemic. Demand for oil

Business

AdvanSix announces third quarter 2020 financial results

Strong volume growth, cash flow generation, cost management and capital discipline Sales of $282 million, down (9%) versus prior year – Volume up 5%, Pass-through pricing (13%) EPS Loss of ($0.02) – includes $20 million pre-tax income impact of planned plant turnaround

Business, Health Care

LianBio announces $310 million crossover financing

Supported by a strong U.S. and Chinese investor syndicate including Perceptive Advisors, RA Capital, Venrock Healthcare Capital Partners and CMG-SDIC Capital Proceeds will fund advancement of the Company’s global innovation mining platform and diversified portfolio of product candidates SHANGHAI & PRINCETON, N.J.–(BUSINESS