Evommune has set the price for its initial public offering (IPO) at $16 per share, with plans to raise $150 million. This move is significant as it reflects the company's confidence in its growth potential and the increasing interest in the biotech sector. The funds raised will likely support further research and development, making it an exciting opportunity for investors looking to get in on the ground floor of a promising company.

The ongoing US government shutdown is beginning to negatively impact airline passenger bookings, according to a trade group. This situation is concerning as it could lead to reduced travel and economic activity, affecting not just airlines but also related businesses and the overall economy. Travelers may face uncertainty, and airlines could see a decline in revenue, which might result in job losses and service cuts.

Treasuries are experiencing a downturn as the US government has indicated that larger auction sizes are expected, which is raising concerns among investors. This comes at a time when signs of economic resilience are diminishing the likelihood of a Federal Reserve interest-rate cut in December. The combination of these factors is creating anxiety in the market, making it crucial for investors to stay informed about potential shifts in monetary policy.

The US government shutdown has now reached its 36th day, marking the longest shutdown in history, surpassing the previous record from early 2019. This prolonged closure is costing the economy between $10 billion and $30 billion each week, according to analysts. The situation is critical as it affects not only government operations but also the livelihoods of many Americans, highlighting the urgent need for a resolution.

The article provides an overview of the longest government shutdowns in U.S. history, detailing their duration and impact on federal operations. Understanding these shutdowns is crucial as they highlight the political tensions in Congress and the effects on federal employees and services, which can resonate with citizens and affect public trust in government.

SoftBank's plans for a US listing of its digital payment service PayPay have hit a snag due to the ongoing government shutdown, according to the company's president. This delay is significant as it could impact the company's growth strategy and investor confidence, highlighting the broader implications of political gridlock on business operations.

Sunway Healthcare Group in Malaysia is gearing up to start discussions with investors for a potential initial public offering that aims to raise up to $1 billion. This move marks an exciting step for the company as it seeks to expand its operations.

Medline Inc. is gearing up for one of the year's largest initial public offerings by bringing on board numerous advisers to support its efforts. This move highlights the company's growing sales and strong market position.