By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains…
Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy
(Reuters) -The Senate Committee on Health, Education, Labor, and Pensions said on Friday that Novo Nordisk CEO Lars Jorgensen has…
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
By Noel Randewich (Reuters) – Tesla shareholders approved CEO Elon Musk’s $56 billion pay package in a what was seen…
US VP Harris announces $1.5 billion in Ukraine aid at Switzerland peace summit
By Steve Holland LUCERNE, Switzerland (Reuters) -U.S. Vice President Kamala Harris pledged America’s unwavering support for Ukraine and announced more…
Retail stocks search for direction as rates stay high
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector,…
Apple, Meta set to face EU charges under landmark tech rules, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Apple and Meta Platforms will likely face charges for failing to comply with…
Google loses bid to end US antitrust case over digital advertising
By Jody Godoy (Reuters) – Alphabet’s Google must face trial on U.S. antitrust enforcers’ claim that the internet search juggernaut…
Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its…
US job market resembling pre-pandemic environment, Yellen says
(Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said the U.S. employment picture increasingly resembles the job market that…
Broadcom soars as demand for AI chips power forecast raise
By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable…