Stock Movers: BioNTech, Boeing, Nucor
On this episode of Stock Movers: - BioNTech (BNTX) shares rise after Bristol-Myers Squibb said it will pay BioNTech SE as much as $11.1 billion to license a next-generation cancer drug. The deal includes a $1.5 billion upfront payment, $2 billion in installments through 2028, and up to $7.6 billion in milestone payments, with the partners splitting development and manufacturing costs and profits equally. - Boeing (BA) shares gain after BofA Global Research upgraded the planemaker to buy from neutral, with analyst Ronald Epstein writing that company's 'aircraft emerged as the favored trade tool for the Trump administration in recent trade deals.' - Nucor (NUE) shares are up after President Trump's Friday announcement that steel and aluminum tariffs will double to 50% on June 4th.
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CNN
14 minutes ago
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Attorney for mistakenly deported man talks to Erin Burnett
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CBS News
18 minutes ago
- CBS News
Judge approves landmark NCAA settlement, clearing way for schools to pay athletes directly
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Fox News
26 minutes ago
- Fox News
Florida ex-sheriff arrested for allegedly running illegal gambling house that generated millions
A former Florida sheriff has been charged with racketeering and conspiracy after an investigation into an illegal gambling operation. Ex-Osceola County Sheriff Marcos Lopez was arrested Thursday on first-degree felony charges over accusations he pocketed hundreds of thousands of dollars and used campaign contributions to keep the alleged gambling operation afloat. "As law enforcement, we are held to higher standards of integrity and character than other professions," Florida Department of Law Enforcement Commissioner Mark Glass said in a statement. "This case revealed that Lopez violated the trust and integrity expected of him as the duly elected sheriff of Osceola County." Fox News Digital has reached out to the Osceola County Sheriff's Office for comment. Florida Gov. Ron DeSantis suspended Lopez after his arrest and appointed a Florida Highway Patrol officer, Christopher Blackmon, as interim sheriff. Lopez was elected in November 2020. Lopez pleaded not guilty Friday to the charges, and he was given a $1 million bond, according to FOX 35. Prosecutors alleged Friday that Lopez took in as much as $700,000 while operating the illegal business, which included slot machines, a lottery and a "gambling house" out of a business called the Fusion Social Club in Kissimmee. Lopez remained in custody as of Friday afternoon, and he is next expected in court June 30. The illegal gambling operation allegedly generated more than $21.6 million over the years. In addition to Lopez, four others — Ying Zhang, Sharon Fedrick, Sheldon Wetherholt and Carol Cote — face the same racketeering and conspiracy charges. Osceola County is not implicated in the investigation.
