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Category: Business

US FDA panel backs approval for Eisai-Biogen Alzheimer’s drug Leqembi
AsiaBusinessHealthTop NewsUS

US FDA panel backs approval for Eisai-Biogen Alzheimer’s drug Leqembi

By Leroy Leo and Julie Steenhuysen (Reuters) -A panel of expert advisers on Friday unanimously agreed that a late-stage trial…

June 9, 2023June 9, 2023
Netflix sign-ups jump as U.S. password sharing crackdown kicks off – data
BusinessEntertainment and LifestyleTechnologyUS

Netflix sign-ups jump as U.S. password sharing crackdown kicks off – data

(Reuters) – Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant’s password-sharing crackdown…

June 9, 2023June 9, 2023
GameStop shares plummet after fifth CEO exit in 5 years
BusinessEconomyTechnologyUS

GameStop shares plummet after fifth CEO exit in 5 years

By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years…

June 8, 2023June 8, 2023
Carvana shares surge as much as 68% after upbeat second-quarter outlook
Business

Carvana shares surge as much as 68% after upbeat second-quarter outlook

By Nathan Gomes and Sinéad Carew (Reuters) -Shares of used-car retailer Carvana Co closed up 56.0% on Thursday with some…

June 8, 2023June 8, 2023
Toshiba board recommends shareholders support $14 billion buyout
BusinessTechnology

Toshiba board recommends shareholders support $14 billion buyout

By Kiyoshi Takenaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday its board has decided to recommend…

June 8, 2023June 8, 2023
Just Climate raises $1.5 billion with help from Microsoft fund
BusinessEconomyEnvironment

Just Climate raises $1.5 billion with help from Microsoft fund

LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after…

June 8, 2023June 8, 2023
What makes a crypto asset a security in the U.S.?
BusinessTechnologyUS

What makes a crypto asset a security in the U.S.?

By Jody Godoy (Reuters) -Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S.…

June 7, 2023June 7, 2023
Boeing accused in lawsuit of stealing trade secrets for NASA rocket
BusinessScienceTop NewsUS

Boeing accused in lawsuit of stealing trade secrets for NASA rocket

By Jonathan Stempel (Reuters) – Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of…

June 7, 2023June 7, 2023
Analysis-For Musk and other foreign CEOs visiting China, silence is golden
AsiaBusinessPoliticsTechnologyTop NewsUS

Analysis-For Musk and other foreign CEOs visiting China, silence is golden

By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and…

June 7, 2023June 7, 2023
Court upholds Musk’s win in $13 billion lawsuit over Tesla-SolarCity deal
Business

Court upholds Musk’s win in $13 billion lawsuit over Tesla-SolarCity deal

By Tom Hals (Reuters) -A trial court properly found that Tesla Inc CEO Elon Musk did not push the electric…

June 6, 2023June 6, 2023

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