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Pharmaceuticals

FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report
FBI Probes Alleged Arson Fire At NJ Home Of Bayer Exec: Report A suspicious fire that broke out at the New Jersey home of a pharmaceutical company executive earlier this week is under investigation by multiple agencies including the FBI, authorities said. Yahoo Finance was first to report the alleged attack on a Bayer executive March 4 in Morris County. The blaze broke out at a home on East Lane in Madison at approximately 7:30 that morning, according to Meghan Knab, a spokesperson for the Morris County Prosecutor's Office. The fire was quickly extinguished by local firefighters and the home did not suffer significant damage. Knab could not confirmed t…
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts. The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported. Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
Pharmaceutical Company Laying Off 290 NJ Workers Amid Massive Cost-Cutting Push Pharmaceutical Company Laying Off 290 NJ Workers Amid Massive Cost-Cutting Push
Pharmaceutical Company Laying Off 290 NJ Workers Amid Massive Cost-Cutting Push Nearly 300 employees in Lawrenceville will lose their jobs as part of a pharmaceutical company's major cost-cutting measures, officials said. Bristol Myers Squibb will lay off at least 290 employees in 2025, according to a Worker Adjustment and Retraining Notification (WARN) notice in February. A company spokesperson confirmed the layoffs to the Daily Voice on Monday, Mar. 3. The company will begin 223 of those layoffs on Thursday, May 22, and continue them through Friday, Aug. 1.  "We are optimizing operations across the company while prioritizing investments in innovative and t…