Parent company of NJBIZ acquired by Calif.-based PE firm

Parent company of NJBIZ acquired by Calif.-based PE firm

BridgeTower Media, the Minnesota-based parent company of NJBIZ, was acquired by Transom Capital Group, a middle-market private equity firm, it announced Tuesday. Transom calls itself a leading operations-focused private equity firm in the middle …
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Bristol Myers' psoriasis drug beats Amgen rival in phase 3

Bristol Myers Squibb’s deucravacitinib has outperformed Amgen’s Otezla in a phase 3 clinical trial of patients with moderate to severe plaque psoriasis. The study linked deucravacitinib to improvements in symptom severity against two measures that served as …
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Rural growth to sustain for a while: Dabur's Mohit Malhotra

The consumers’ need for immunity-building products, health supplements, toothpaste and culinary items stoked demand for fast-moving consumer goods firm Dabur India, which reported a 13.7% consolidated revenue growth from operations in the …
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Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers

Folksam, Sweden’s largest insurer, accidentally leaked private data on around one million of its customers to a handful of the world’s largest tech firms, the company said on Tuesday. Folksam, which insures every second family home and every second …
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Oil Gains Most in a Month as OPEC+ Hints at Delay to Output Hike

A weakening dollar also boosted the appeal for commodities priced in the currency, with the Bloomberg Dollar Spot Index falling as much as 0.7%.
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