Merck sues US government to halt Medicare drug price negotiation
By Michael Erman NEW YORK (Reuters) -Merck & Co sued the U.S. government on Tuesday, seeking to halt the Medicare…
Category: Business
US bond giant PIMCO sees chance to expand lending after banking turmoil
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…
US bank stocks rebound, regional banking index hits near 7-week high
By Manya Saini (Reuters) -Shares of U.S. banks regained some footing on Tuesday, with one of the top regional banking…
Apple to sell Vision Pro AR headset for triple Meta’s top-line price
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its…
S&P 500 ends lower as traders eye potential pause in rate hikes
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether…
OpenAI CEO sees ‘huge’ Israeli role in reducing risks from the technology
By Steven Scheer TEL AVIV (Reuters) – OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in…
Apple shares notch all-time high ahead of developer conference
(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an…
Tesla’s China-made EV sales rose 2.4% in May from April – CPCA
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in…
Biden signs debt limit bill, avoiding U.S. default
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion…