New York Times business news - May 27

Eli Lilly and Company
BP PLC Sponsored ADR

Eli Lilly and Company

LLY

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BP PLC Sponsored ADR

BP

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- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • The British oil giant BP BP.L said on Tuesday that it had removed its chair, Albert Manifold, saying that the board had "serious concerns" about his leadership, less than a year after he was appointed.

  • Eli Lilly LLY.N said it would buy three vaccine developers in deals collectively worth up to $4 billion, a move that signals a return to an area that had not been a major focus for the company in recent years.

  • Start-up, OpenRouter, which describes itself as a marketplace for A.I. models plans to announce that it raised $113 million at a $1.3 billion valuation, led by CapitalG, an investment arm of Alphabet, Google's parent company.