Pfizer considers cost cuts as demand for COVID products falls
By Bhanvi Satija and Michael Erman (Reuters) -Pfizer on Tuesday said it will launch a cost-cutting program if its COVID-19…
Crypto stocks dip after bitcoin slumps to six-week low
(Reuters) – Shares of cryptocurrency and blockchain related companies fell in early trading hours on Tuesday, as bitcoin hit a…
Exxon Mobil in talks with Tesla, Ford to supply lithium – Bloomberg Law
(Reuters) -Oil major Exxon Mobil is in talks with Tesla, Ford Motor, Volkswagen and other automakers to supply lithium for…
Wall St finishes strong month on upbeat company earnings
By Echo Wang (Reuters) – U.S. stocks closed little changed on Monday, ending a strong July on upbeat company earnings…
US NIH launches long-COVID trials of Pfizer’s Paxlovid, other therapies
(Reuters) – The U.S. National Institutes of Health (NIH) said on Monday that it had launched mid-stage clinical trials to…
US SEC says Hex crypto founder defrauded investors, spent money on ‘Enigma’ diamond
By Jonathan Stempel NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has charged online entrepreneur Richard Heart with illegally…
Cannabis firms Cresco, Columbia Care to terminate $2 billion merger
(Reuters) -Cannabis producers Cresco Labs and Columbia Care Inc have mutually terminated their $2 billion merger announced in March last…
Trump’s $475 million ‘big lie’ defamation lawsuit against CNN dismissed
By Joseph Ax (Reuters) -A federal judge has thrown out Donald Trump’s $475 million defamation lawsuit against CNN, in which…
Hopes of ‘Goldilocks’ economy, rate peak buoy US stocks
By David Randall NEW YORK (Reuters) -A resilient U.S. economy and expectations of a nearing peak in the Federal Reserve’s…
Florida judge rules against Disney in feud with DeSantis
WILMINGTON, Delaware (Reuters) -A Florida judge on Friday rejected a Walt Disney Co request to dismiss a lawsuit by an…