Bloomberg Melinta Therapeutics Inc, a bio-pharmaceutical company specialising in infectious disease treatment, filed for Chapter 11 bankruptcy in Delaware with plans to continue operating. Melinta listed as much as $500 million in assets and up to $500 million in liabilities in its bankruptcy petition. Founded in 2000 by scientists including Nobel Prize winner Thomas Steitz, the company sells drugs that ...

Bloomberg In the agriculture world, news of the partial US-China trade deal has sparked a lot of buzz about soybeans. It turns out, wheat could actually end up being a bigger surprise winner. Speculations is mounting that China will work to fill its wheat-buying quota as part of the detente, a pledge it failed to stick to in the past. ...

Bloomberg A New York University cardiologist claims Apple Inc’s Watch uses his patented heartbeat-monitoring invention and he wants compensation. Dr Joseph Wiesel, who teaches at NYU School of Medicine, filed a suit recently against the tech giant, in federal court in Brooklyn. Wiesel claims the Apple Watch infringes his patent for a method to detect an irregular heartbeat. Apple promotes ...