Superior National Bank and Trust to acquire Main Street Bank for $42m

Keweenaw Financial, the parent company of Superior National Bank and Trust has agreed to acquire rival Michigan-based bank holding firm North Star Financial and its subsidiary Main Street Bank for $42 million. While Superior National Bank and Trust, which was founded in 1890, holds more than $575 million of assets under management, Main Street Bank […]

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Janssen bags Xarelto FDA approval to prevent blood clots in acutely ill patients

Xarelto FDA approval : The Janssen Pharmaceutical Companies of Johnson & Johnson has secured approval from the US Food and Drug Administration (FDA) for Xarelto (rivaroxaban) for the prevention of venous thromboembolism or blood clots in acutely ill medical patients. The latest approval for the drug is for the treatment of blood clots in hospitalized […]

Amazon to open fulfillment centers in Illinois and Idaho

Amazon has announced plans to open fulfillment centers in the US states of Illinois and Idaho, thereby creating more than 1,500 jobs. In Illinois, the e-commerce giant will be opening the fulfillment center in Channahon, where 500 plus new, full-time jobs will be created with starting wages of $15 an hour alongside company benefits. Employees […]

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