Archer Aviation drops about 15% on $850 million share sale

Archer Aviation drops about 15% on 0 million share sale

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters Archer Aviation‘s stock dropped about 15% on Friday after the air taxi maker said it sold $850 million worth of shares. The electric vertical takeoff and landing vehicle, or … Read more

Dozens of states sue to dam the sale of 23andMe private genetic knowledge with out buyer consent

Dozens of states sue to dam the sale of 23andMe private genetic knowledge with out buyer consent

PORTLAND, Ore. — Twenty-seven states and the District of Columbia on Monday filed a lawsuit in bankruptcy court seeking to block the sale of personal genetic data by 23andMe without customer consent. The lawsuit comes as a biotechnology company seeks the court’s approval to buy the struggling firm. Biological samples, DNA data, health-related traits and … Read more