(Reuters) – Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing…
Bank results lift stocks; Dow up for seventh straight session
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, partly boosted by a round of solid bank…
Global shares rise, dollar rebounds as Fed seen on target for rate hike
By Herbert Lash NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on…
Microsoft to charge more for AI in office, secure Bing from leaks
By Jeffrey Dastin (Reuters) – Microsoft on Tuesday said it would charge at least 53% more to access new artificial…
Pfizer, Flagship Pioneering to invest $100 million in drug discovery
(Reuters) -U.S. drugmaker Pfizer and venture firm Flagship Pioneering on Tuesday said they would invest $100 million together to develop…
Ford slashes prices of F-150 Lightning trucks as EV wars heat up
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of…
AT&T shares hit three-decade low as lead cables risk weighs
By Chibuike Oguh NEW YORK (Reuters) -Shares of AT&T Inc fell nearly 7% to hit their lowest level in thirty…
US FDA approves Sanofi-AstraZeneca’s preventive RSV therapy for babies
(Reuters) -The U.S. Food and Drug Administration (FDA) said on Monday it had approved Sanofi and partner AstraZeneca’s antibody therapy…
Acumen’s Alzheimer’s drug passes initial safety test
By Julie Steenhuysen CHICAGO (Reuters) – An experimental Alzheimer’s disease drug developed by Acumen Pharmaceuticals targeting a novel form of…
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising…