Qualcomm forecasts quarterly revenue above estimates on smartphone strength
(Reuters) – Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, helped by strong demand for high-end Android devices,…
Walt Disney to cut jobs in television unit, Bloomberg News reports
(Reuters) – Walt Disney plans to eliminate some jobs in its TV unit to cut costs in an eroding business,…
Amazon set to join Big Tech’s spending surge as AI race heats up
By Deborah Mary Sophia (Reuters) – Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge…
Yellen launches Amazon basin effort to disrupt nature crimes
By David Lawder BELEM, Brazil (Reuters) – U.S. Treasury Secretary Janet Yellen launched on Saturday a new effort with Amazon…
Kamala Harris launches $50 million ad blitz in US presidential race
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris launched a $50 million advertising blitz on Tuesday, capitalizing on the momentum…
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.…
Kamala Harris campaign raises $200 million in a week
By Kanishka Singh WASHINGTON (Reuters) -U.S. Vice President Kamala Harris’s election campaign said on Sunday it has raised $200 million…
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…