P&G posts surprise sales drop as demand slows despite price restraint
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -Procter & Gamble posted a surprise drop in fourth-quarter sales, as the…
Category: Business
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the…
RSV vaccine makers vying for market share in second year of shots
By Michael Erman (Reuters) -Pfizer’s, GSK’s and Moderna’s competition for arms for their new respiratory syncytial virus (RSV) vaccines is…
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9% on Monday, after the U.S.…
Indivior reaches $86 million opioid settlement with US states
NEW YORK (Reuters) – Indivior reached an $86 million settlement to resolve the company’s role in spreading opioid addiction across…
Amazon under second investigation in Milan for tax evasion, sources say
MILAN (Reuters) – An Italian unit of Amazon is being investigated by Milan prosecutors for suspected tax evasion, two sources…
Warner Bros Discovery sues NBA over bid for broadcast rights
(Reuters) – Warner Bros Discovery and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National…
Netflix’s ex-film head Stuber ties with Amazon MGM to revive United Artists
(Reuters) – Amazon MGM Studios has entered a multi-year film partnership with Scott Stuber, the former longtime head of films…
Musk to discuss $5 billion xAI investment with Tesla board
(Reuters) – Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup…
OpenAI announces AI-powered search tool SearchGPT
(Reuters) -OpenAI on Thursday said it is selectively rolling out SearchGPT, an artificial intelligence-powered search engine with real time access…