Regeneron has agreed to buy 23andMe, the once buzzy genetic testing company, out of bankruptcy for $256 million under a court-supervised sale process. 23andMe declared bankruptcy in March and announced it would seek a buyer, while also saying that co-founder and CEO Anne Wojcicki would resign. Under the proposed agreement with Regeneron, the Tarrytown, New […]
Puerto Rico seeks to lure manufacturing to boost economy as Trump tariff war deepens
SAN JUAN, Puerto Rico — A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy. Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants to the island, where they would be exempt from tariffs. Any relocation would be […]