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Month: July 2023

BusinessEconomyUS

Energy drink maker Alani Nu explores options including sale

By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by…

July 18, 2023July 18, 2023
Meta opens AI model to commercial use, throwing nascent market into flux
BusinessScienceTechnologyUS

Meta opens AI model to commercial use, throwing nascent market into flux

By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the…

July 18, 2023July 18, 2023
TikTok, Warner Music Group to partner in music licensing deal
BusinessEntertainment and LifestyleTechnologyUS

TikTok, Warner Music Group to partner in music licensing deal

(Reuters) – Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a…

July 18, 2023July 18, 2023
Pfizer, Flagship Pioneering to invest $100 million in drug discovery
BusinessHealthScienceUS

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…

July 18, 2023July 18, 2023
Novartis raises 2023 forecast, maps out Sandoz spin-off
BusinessEconomyEurope

Novartis raises 2023 forecast, maps out Sandoz spin-off

By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…

July 18, 2023July 19, 2023
Wall St ends higher with earnings poised to ramp up
BusinessEconomyTop NewsUS

Wall St ends higher with earnings poised to ramp up

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended higher to kick off the trading week on Monday, buoyed…

July 17, 2023July 17, 2023
Ford slashes prices of F-150 Lightning trucks as EV wars heat up
BusinessTechnologyUS

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…

July 17, 2023July 17, 2023
Marriott enters licensing deal with MGM to boost presence in Las Vegas strip
BusinessUS

Marriott enters licensing deal with MGM to boost presence in Las Vegas strip

By Doyinsola Oladipo (Reuters) -Marriott International said on Monday it entered a 20-year licensing agreement that will allow its loyalty…

July 17, 2023July 17, 2023
AT&T shares hit three-decade low as lead cables risk weighs
BusinessHealthTechnologyUS

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…

July 17, 2023July 17, 2023
US FDA approves Sanofi-AstraZeneca’s preventive RSV therapy for babies
BusinessEuropeHealthTop NewsUKUS

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…

July 17, 2023July 17, 2023

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