(This July 28 story has been refiled to remove the garbling in paragraph 2) By Michael S. Derby (Reuters) –…
Chile’s Codelco sees lower copper output, more stoppages in 2023
SANTIAGO (Reuters) -Chile’s state miner, Codelco, on Friday cut its copper output forecast for 2023 and said it expects more…
Roku shares set 1-year high, notch biggest percentage gain since 2017
By Caroline Valetkevitch NEW YORK (Reuters) – Shares of video streaming company Roku Inc closed Friday at their highest level…
US FDA approves second over-the-counter opioid overdose reversal drug
(Reuters) – The U.S. Food and Drug Administration has approved the prescription-free sale of the second opioid overdose reversal drug,…
Biden plans to sign order curbing US tech investments in China by mid-August -Bloomberg
(Reuters) – U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in…
Bearish traders swarm AMC options as stock conversion plan faces doubts
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of AMC Entertainment Holdings Inc have been hit by a wave…
Wall Street closes down, Dow snaps longest winning streak since 1987
By Carolina Mandl and Herbert Lash (Reuters) – U.S. stocks ended lower on Thursday after news that the Bank of…
AbbVie trims forecast for Humira sales drop on favorable coverage
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping…
Meta rallies as AI-powered ad sales drive ‘monster’ forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence…