Scout leader convicted of branding 3 children in a ritual
A Dutch appeals court has convicted a scout leader of branding three children in a campfire initiation ritual. The appeals court in the southern city of Den Bosch said Tuesday…
Uber’s quarterly loss widens as costs rise; shares fall
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as the company tries to outspend competitors through discounts and invests heavily in loss-making new business ventures,…
Stocks gain on trade hopes, risk appetite lifts dollar
NEW YORK (Reuters) – The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war…
SAP to return 1.5 billion euros to shareholders in 2020
FILE PHOTO: A man walks past a SAP logo during the company’s annual general meeting in Mannheim, Germany, May 15, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – German business software group…
Uber’s quarterly loss widens as costs rise; shares fall sharply
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as costs soared at the ride-hailing company, sending shares down 4.4% in after-hours trading. But the company…
Asian shares rally on U.S.-China trade deal hopes
TOKYO (Reuters) – Asian shares closed in on their July peak on Tuesday on increasing signs the United States and China are inching closer to a truce in their trade…
German swingers’ club evacuated after carbon monoxide alarm
Authorities say a swingers’ club in western Germany had to be evacuated mid-party after a carbon monoxide alarm went off and several guests reported feeling unwell. Firefighters in the town…
Novartis arthritis drug fails to prove it is significantly better than rival
FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – A…
Lyft sees ‘path to profitability’ as riders, revenues increase
(Reuters) – Ride-hailing company Lyft Inc (LYFT.O) on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its way to profitability by the end of…
Ex-FDA chief Gottlieb sees investment opportunity in ‘unloved’ antibiotics
NEW YORK (Reuters) – As a private investor, former U.S. Food and Drug Administration Commissioner Scott Gottlieb is focused on an area where few have found success in recent years:…