GSK launched a 2 billion pounds ($2.5 billion) share buyback on Wednesday and lifted its long-term sales target to nearly $50 billion, betting that growing sales of its HIV and cancer drugs will make ...

(RTTNews) - GlobalFoundries (GFS) Wednesday, announced that its Chief Executive Officer Thomas Caulfield has decided to step down from the position. He will assume the role of Executive Chairman.

“Following a thoughtful, multi-year succession planning process the board unanimously selected Tim to be GF’s next CEO,” said David Kerko, Lead Independent Director of the GF Board. “We are confident ...