By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of…
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…
Bill Ackman Believes an Unlikely Candidate Will Be President
Bill Ackman, the mastermind behind Pershing Square, has made an audacious forecast for the 2024 Republican primary race, foreseeing…
What challenges does Microsoft’s $69 billion Activision deal face?
(This story has been refiled to fix the dateline) By Foo Yun Chee and Chavi Mehta (Reuters) – The U.S.…
FedEx Poised to Move
There has been an interesting development in relation to FedEx (NYSE: FDX) as a wealthy individual or institution has taken…
Leading Economist’s Recession Warning
The latest data from the Bureau of Labor Statistics on non-farm payrolls has revealed a disappointing job growth figure for…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday…
Biden administration raises record $105 million in Nevada solar energy auction
(Reuters) – The Biden administration said on Wednesday it raised $105 million from solar power developers at a lease auction…