(Reuters) – Shares of companies owning pharmacy benefit managers fell on Wednesday after the introduction of a bipartisan bill that…
Year: 2024
No Iranian drone ‘mothership’ off the United States launching drones, Pentagon says
WASHINGTON (Reuters) – The Pentagon said on Wednesday that there was no evidence that drones that had been spotted over…
Google parent Alphabet jumps on quantum chip breakthrough
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that…
US court blocks Kroger’s $25-billion acquisition of grocery rival Albertsons
(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, siding with…
Biden plans to block Nippon Steel purchase of US Steel, Bloomberg News reports
(Reuters) -U.S. President Joe Biden plans to formally block Nippon Steel’s proposed takeover of U.S. Steel on national security grounds…
Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump
By Patrick Wingrove (Reuters) – Eli Lilly CEO David Ricks on Tuesday said at the Economic Club of Washington that…
Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says
(Reuters) – Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety,…
C3.ai lifts annual forecast on strong demand for enterprise AI software
(Reuters) -C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company’s enterprise…
Oracle misses quarterly results estimates on stiff cloud competition
(Reuters) -Oracle missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than…
Oilfield service companies add more jobs in November, trade group says
By Georgina McCartney HOUSTON (Reuters) – Oilfield service companies ramped up hiring in November, adding 1,890 jobs in the sector,…