(Reuters) -Eli Lilly said on Monday it plans to buy Scorpion Therapeutics’ experimental cancer therapy for up to $2.5 billion…
Nvidia’s biggest customers delaying orders of latest AI racks, The Information reports
(Reuters) -Nvidia’s top customers are delaying orders of the AI chip leader’s latest ‘Blackwell’ racks due to overheating issues, the…
Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says
(Reuters) – Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition…
Biogen proposes to buy remaining stake in Sage in $442 million deal
(Reuters) – Drugmaker Biogen will buy all outstanding shares of Sage Therapeutics that it does not already own for $7.22…
Walgreens Boots signals turnaround on track as it tops estimates, shares surge
By Manas Mishra and Sneha S K (Reuters) -Walgreens Boots Alliance beat analysts’ lowered expectations for first-quarter adjusted profit on…
Pfizer must face lawsuit over diversity fellowship program, US court rules
By Nate Raymond (Reuters) -A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity…
American Airlines’ focus on ESG in 401(k) plan is illegal, US judge rules
By Daniel Wiessner (Reuters) -A federal judge in Texas on Friday said American Airlines violated federal law by basing investment…
Polestar raises hope as order intake rises
(Reuters) – Polestar on Thursday reported rises in fourth-quarter retail sales and order intake, raising optimism amongst jittery investors over…
Trump’s tariff threat spurs auto suppliers to rethink production plans
By Abhirup Roy LAS VEGAS (Reuters) -Global auto suppliers are working out how much of their production can be moved…
Lockheed Martin delivers 110 F-35 fighter jets in 2024
(Reuters) – Lockheed Martin delivered a total of 110 F-35 fighter jets to the United States and its allies in…