Jazz Pharma’s sleep disorder treatment gets FDA nod
(Reuters) – The U.S. Food and Drug Administration approved Jazz Pharmaceuticals Plc’s treatment for patients with a form of sleep…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation…
Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap
(Reuters) – U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while…
Amarin’s Vascepa cuts occurrence of serious heart problems 30 percent: study
(Reuters) – A high dose of Amarin Corp’s Omega-3 drug Vascepa significantly reduced the occurrence of first and subsequent heart…
Apple infringed three Qualcomm patents, jury finds
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with…
Wall Street gains with tech; S&P 500 posts best week since November
NEW YORK (Reuters) – U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China…
Facebook product chief Cox to exit as focus shifts to messaging
(Reuters) – Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is…
S&P 500 eases amid U.S.-China trade uncertainty
NEW YORK (Reuters) – The S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncertainty over when…
California jury awards $29 million to woman with cancer who used J&J talc
(Reuters) – A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson &…
FDA approves generic valsartan amid drug shortage
(Reuters) – The U.S. Food and Drug Administration said on Tuesday it had approved a new generic version of blood…
FDA approves Pfizer’s biosimilar to Roche’s Herceptin
FILE PHOTO: The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a branch in Zurich, Switzerland October 2,…
Abercrombie expects redesigned stores to boost 2019 sales, shares surge
(Reuters) – Abercrombie & Fitch’s shares surged 20 percent after the apparel retailer forecast better-than-expected annual sales on Wednesday, betting…
J&J nasal spray gets U.S. approval as first new type of anti-depressant in decades
(Reuters) – The U.S. Food and Drug Administration on Tuesday said it approved a Johnson & Johnson nasal spray antidepressant…
Allergan’s add-on treatment for depression fails late-stage studies
FILE PHOTO: The Allergan logo is seen in this photo illustration November 23, 2015. To match special report USA-FDA/CASES REUTERS/Thomas…
GE’s CEO warns of negative industrial cash flow in 2019, shares drop
(Reuters) – General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial…
Wall Street drops after weak data, healthcare slump
(Reuters) – Wall Street’s major indexes fell on Monday, weighed down by a weak U.S. construction spending report and declines…
Eli Lilly seeks to quell drug price anger with cheaper insulin
(Reuters) – Drugmaker Eli Lilly announced plans on Monday to sell a half-price version of its popular insulin injection Humalog,…
New cancer-causing toxin found in recalled blood pressure pills
(Reuters) – U.S. health regulators said on Friday a third cancer-causing toxin was found in some blood pressure pills recalled…
Kraft Heinz shares fall 28 percent after writedown, dividend cut
(Reuters) – Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed…
Standard Chartered fined $133 million by Britain’s financial watchdog
People walk inside the main branch of Standard Chartered in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File Photo (Reuters)…
Southwest shares drop as mechanics dispute escalates
(Reuters) – Southwest Airlines Co’s shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it…
Microsoft expands political security service to 12 European countries
FILE PHOTO: General view of Microsoft’s logo at Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles…
Climate change could raise risk of congenital heart defects
(Reuters Health) – More babies could be born with heart defects in the future as global warming puts pregnant women…
Huawei founder says Huawei CFO arrest was politically motivated: BBC
(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
Mattel warns of weak 2019, shares drop most in 20 years
(Reuters) – Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was…
Payless ShoeSource to start liquidation sales at stores
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April…
EA’s ‘Fortnite’ rival wins 10 million gamers in three days
(Reuters) – A game developed by Electronics Arts Inc as a competitor to the wildly popular “Fortnite” has signed up…
Mattel posts surprise profit as Barbie makeover lifts sales
(Reuters) – Mattel Inc posted a surprise fourth-quarter profit on Thursday, as the toymaker benefited from a makeover of its…
Sanofi blood disorder drug wins FDA approval
(Reuters) – The U.S. Food and Drug Administration (FDA) said on Wednesday it had approved Sanofi SA’s drug to treat…
Disney profit beats, driven by theme parks, ABC network
(Reuters) – Walt Disney Co’s reported quarterly earnings on Tuesday that topped Wall Street estimates thanks to the company’s booming…
Tech boosts S&P, Nasdaq; healthcare weighs on Dow
(Reuters) – U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but…
FDA approves cheaper Botox rival to treat frown lines
(Reuters) – An injection that makes forehead wrinkles disappear is set to rival Allergan’s Botox after U.S. regulators approved Evolus…
Caterpillar stock slides on profit miss, China sales forecast
(Reuters) – Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs,…
Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger: NYT
(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram…
New Zealand PM says country is not discriminating against Huawei
DAVOS, Switzerland (Reuters) – New Zealand’s prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed…
Boeing says prolonged government shutdown could hurt business: CNBC
FILE PHOTO: Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5,…
Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers…
U.S. government shutdown holds up FAA approval of aircraft, routes
(Reuters) – Federal Aviation Administration (FAA) approval of aircraft such as Boeing’s (BA.N) MAX and new routes like Southwest Airline…
Wall St. rebounds on robust jobs report, dovish Powell remarks
NEW YORK (Reuters) – Wall Street rebounded on Friday to close at its highest in two weeks after a strong…
PG&E seeks to make changes to its board
(Reuters) – PG&E Corp (PCG.N), the electricity provider in the northern California region ravaged by a deadly wildfire, said it…
Tesla shares drop on price cut, disappointing Model 3 deliveries
(Reuters) – Shares in Tesla Inc (TSLA.O) dropped as much as 9 percent on Wednesday on worries of future profitability,…
Bank, energy stocks lift Wall Street higher in choppy session
(Reuters) – Wall Street edged higher in a choppy session on Wednesday, as gains in energy and bank stocks helped…
Wall Street rally pauses, but stocks mint weekly gain
(Reuters) – The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains…
Britain’s HMV faces the music as retailer calls in administrators
(Reuters) – Music retailer HMV said on Friday it was calling in the administrators, blaming a worsening market for entertainment…
Zynga buys Empires & Puzzles gamemaker in largest deal to date
(This story corrects paragraph 7 to say Zynga acquired a unit of Peak Games, and not the entire company. The…
Wall Street rises in volatile trading led by defensive stocks
(Reuters) – Wall Street rose in volatile trading on Friday, after two days of heavy losses, with the biggest gains…
U.S. FDA approves Alexion Pharma’s blood disorder drug
(Reuters) – The U.S. Food and Drug Administration has approved Alexion Pharmaceuticals Inc’s blood disorder drug Ultomiris, the pharma regulator’s…
Facebook says preferential data access was with user permission
A woman looks at the Facebook logo on an iPad in this photo illustration taken June 3, 2018. REUTERS/Regis Duvignau/Illustration…
FDA panel backs prescribing opioid overdose reversal drug along with painkillers
(Reuters) – An advisory panel to the U.S. Food and Drug Administration on Tuesday recommended prescribing the opioid overdose reversal…
Oracle quarterly results beat on strength in cloud business
FILE PHOTO: People gather prior to the start of a keynote speech at the All Things Oracle OpenWorld Summit in…
Oracle quarterly profit rises 5 percent
FILE PHOTO: People gather prior to the start of a keynote speech at the All Things Oracle OpenWorld Summit in…
Evofem shares surge as contraceptive gel meets late-stage trial goal
(Reuters) – Shares of Evofem Biosciences Inc jumped as much as 38 percent on Monday after its birth control gel…
E-cigarette usage nearly doubles in U.S. high-schools: survey
A young man smokes an electronic cigarette in this picture illustration taken September 14, 2018. REUTERS/Mike Blake/Illustration (Reuters) – The…
Intel, TPG in early talks to sell McAfee to Thoma Bravo: source
McAfee computer security software is shown for sale at a computer store in San Marcos, California, U.S., May 15, 2017.…
Wall St. tumbles on global growth worries, J&J decline
(Reuters) – Wall Street’s three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from…