New York factory activity rebounds in April-NY Fed
WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State…
April 2023
Merck to take $10.3 billion R&D charge for Prometheus deal this year
(Reuters) – Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as…
US Supreme Court spurns Sanofi appeal to revive EpiPen suit against Viatris
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to…
Adobe to add generative AI tools into its video editing software
By Stephen Nellis (Reuters) – Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into…
US Supreme Court considers Christian mail carrier’s refusal to work Sundays
By Andrew Chung WASHINGTON (Reuters) – An evangelical Christian former mail carrier’s fight with the U.S. Postal Service over his…
US Supreme Court Rebuffs Novartis Bid To Revive MS Drug Gilenya Patent
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp’s bid to revive…
Big investors dump China shares, add oil to portfolios -Goldman
By Carolina Mandl NEW YORK (Reuters) – Big global money managers got rid of a high volume of Chinese equities…
State Street Profit Misses On Lower Fee Income; Shares Fall
(Reuters) – State Street Corp reported a first-quarter profit on Monday that missed analysts’ estimates, hurt by a fall in…
State Street profit misses on lower fee income; shares fall
(Reuters) – State Street Corp reported a first-quarter profit on Monday that missed analysts’ estimates, hurt by a fall in…
Futures Subdued As Investors Eye Bank Earnings, Fed Cues
By Sruthi Shankar and Ankika Biswas (Reuters) -U.S. stock index futures were flat on Monday as investors awaited more bank…