(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and…
Teva to pay up to $4.2 billion in U.S. to settle opioid claims
(Reuters) – Teva Pharmaceuticals will pay up to $4.2 billion in the United States to settle claims related to its…
Amazon.com to freeze hiring in corporate workforce
(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic…
Agency powers under threat in U.S. Supreme Court FTC and SEC cases
By Diane Bartz WASHINGTON (Reuters) – Two cases that give the U.S. Supreme Court’s conservative majority another opportunity to restrain…
Exclusive-Morgan Stanley to start layoffs in coming weeks as dealmaking slows -sources
By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Wall Street major Morgan Stanley is expected to…
Cigna lifts profit forecast again on strength in pharmacy benefits business
By Raghav Mahobe and Leroy Leo (Reuters) -Cigna Corp on Thursday raised its annual adjusted profit forecast for the third…
Streaming platform Roku’s shares slump on dour holiday-quarter forecast (Nov 2)
(Corrects analyst’s name in paragraph 8) (Reuters) – Shares of Roku Inc fell more than 20% in extended trading on…
U.S. telecom regulator launching new space bureau
By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission (FCC) plans to create a new space bureau to address the…
Canada to start targeting draws for skilled immigrants next year
By Julie Gordon OTTAWA (Reuters) – Canada will do targeted draws for skilled immigrants for the first time starting next…
ECB’s Centeno says large part of rate hikes already complete
By Sergio Goncalves LISBON (Reuters) -The European Central Bank has already made a large part of the necessary rate hikes…