Crypto concerns push Nvidia shares lower
(Reuters) – Shares of Nvidia Corp (NVDA.O) fell 2 percent on Friday as investors worried that a short-term surge in…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla…
FDA says Mylan’s EpiPen is in shortage
(Reuters) – U.S. regulators said on Wednesday that Mylan NV’s (MYL.O) EpiPen products are in shortage, due to manufacturing delays…
Carl Icahn sells stake in AIG: Forbes
(Reuters) – Billionaire investor Carl Icahn has sold his stake in AIG (AIG.N), Forbes reported on Monday, ending a more…
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the…
ANZ scraps sales bonuses for financial planners as inquiry shakes up sector
SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said it would stop paying financial planners bonuses for…
Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal
(Reuters) – Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit…
Fidelity fires more than 200 over alleged misuse of reimbursement programs – WSJ
(Reuters) – Fidelity Investments has fired or allowed more than 200 employees to resign over alleged misuse of workplace-benefit programs,…
Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever…
Global sales, U.S. spending serve McDonald’s results beat
(Reuters) – McDonald’s Corp (MCD.N) blew past analysts’ forecasts for profit and sales on Monday, helped by strength in overseas…
Ninety-eight now sick from romaine lettuce-linked E. coli: CDC
(Reuters) – Fourteen more people fell ill from an E. coli outbreak linked to romaine lettuce, U.S. health officials said…
Fourteen more fall sick from E. coli linked to romaine lettuce: CDC
(Reuters) – Fourteen more sick people from eight U.S. states were added to an investigation of an E. coli outbreak…
FDA cracks down on sales of Juul tobacco products to minors
(Reuters) – The U.S. Food and Drug Administration on Tuesday said it launched a crackdown on the sale of e-cigarettes…
Whirlpool to sell Embraco compressor business to Japan’s Nidec
(Reuters) – Whirlpool Corp (WHR.N) said on Tuesday it agreed to sell its Embraco compressor business to Japan’s Nidec Corp…
FDA declines to approve Pfizer’s biosimilar to Roche’s cancer drug
(Reuters) – Pfizer Inc said on Monday the U.S. Food and Drug Administration (FDA) declined to approve the company’s biosimilar…
Apple offers battery replacement for some MacBooks after flaws reported
(Reuters) – Apple Inc (AAPL.O) on Friday said component failure in a limited number of MacBook Pros has caused built-in…
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) – The U.S. has opened a probe into alleged coordination by AT&T Inc (T.N), Verizon Communications (VZ.N) and…
Carl Icahn buys stake in software provider VMware: CNBC
(Reuters) – Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc (VMW.N), CNBC reported on…
FDA approves Ultragenyx’s drug for rare form of rickets
(Reuters) – The U.S. Food and Drug Administration has approved Ultragenyx Pharmaceutical Inc’s treatment for a rare and inherited form…
Musk insists Tesla does not need more capital, predicts profit soon
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not…
Theranos lays off most of its remaining workforce: WSJ
(Reuters) – Embattled blood-testing company Theranos Inc laid off most of its remaining workforce to preserve cash and avert or…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…
Merck’s Keytruda helps lung cancer patients live longer in trial
(Reuters) – Merck & Co’s (MRK.N) blockbuster drug Keytruda helped previously untreated lung cancer patients live longer in a late-stage…
New Jersey health officials investigating potential E.coli outbreak
(Reuters) – Health officials in New Jersey said they are investigating an E. coli outbreak in four counties that left…
Campbell Soup gives COO Mignini more control over core units
(Reuters) – Campbell Soup Co (CPB.N) said on Thursday it would reorganize its businesses, giving newly-appointed Chief Operating Officer Luca…
Facebook shares rise as Zuckerberg soothes investors
(Reuters) – Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg…
Lilly’s Cyramza succeeds in late-stage liver cancer trial
(Reuters) – Eli Lilly and Co on Wednesday said its drug Cyramza met the main goal of helping patients live…
Pfizer signs deal with Allogene to develop cancer cell therapy
(Reuters) – Pfizer Inc said on Tuesday it signed an agreement with Allogene Therapeutics, a company formed by a consortium…
FDA refuses to review Alkermes’ depression treatment, seeks more trials
(Reuters) – Alkermes Plc has been told to conduct more clinical trials of its experimental depression treatment after the U.S.…
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a…
Esperion’s drug clears study as add-on cholesterol treatment
(Reuters) – Esperion Therapeutics Inc said on Tuesday its experimental oral drug met the main goal of reducing cholesterol by…
U.S. gunmaker Remington files for bankruptcy
(Reuters) – Remington Outdoor Co Inc , one of the largest U.S. makers of firearms, filed for bankruptcy protection on…
Biohaven plunges as investors pit migraine data against Allergan’s drug
(Reuters) – Biohaven Pharmaceutical Holding said its treatment for acute migraine cleared two late-stage studies, but investors worried about its…
Spotify says about two million users suppressing ads without paying
(Reuters) – Music streaming service Spotify Technology SA said on Friday about 2 million of its non-paying users were suppressing…
Citi sets restrictions on gun sales by retail clients
(Reuters) – Citigroup Inc added restrictions on firearms sales for new retail-sector clients, the Wall Street bank said citi.us/2FVnjJj on…
AbbVie’s lung cancer drug data disappoints; shares slump
(Reuters) – AbbVie Inc’s experimental lung cancer drug data was not effective enough to seek a faster approval, in a…
Broadcom promises on security, Qualcomm revamps board
(Reuters) – Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its deal…
Japan’s Kobe Steel names Yamaguchi as president after data fraud
TOKYO (Reuters) – Japan’s Kobe Steel Ltd (5406.T) on Friday appointed the head of its machinery business as its new…
FDA panel backs Pfizer’s Xeljanz as bowel disease treatment
(Reuters) – Pfizer Inc’s Xeljanz should be approved to treat patients with moderate to severe ulcerative colitis, a chronic bowel…