AstraZeneca drug combo gets US nod to treat a type of prostate cancer
(Reuters) – AstraZeneca said on Thursday that a combination of its cancer drug Lynparza and abiraterone has been approved in…
June 2023
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored…
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON (Reuters) – The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave…
Stellantis to invest 160 million euros to launch all-electric SUV in 2025
(Corrects title in last paragraph) (Reuters) – Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to…
Hormel Foods reaffirms 2023 forecasts, shares rise
By Granth Vanaik (Reuters) – Hormel Foods Corp reaffirmed its annual sales and profit forecasts even as its second-quarter revenue…
US Supreme Court Throws Out Ruling Against Slack Over Direct Listing
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday gave Salesforce Inc’s Slack Technologies another chance to avoid a…
US construction spending surges in April
WASHINGTON (Reuters) – U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued…
US agency steps up safety probe into air bag ruptures
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag…
BRICS Summit will be held in Johannesburg, says South African minister
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister…
U.S. manufacturing slumps further in May; employment picks up -ISM
WASHINGTON (Reuters) – U.S. manufacturing contracted for a seventh straight month in May as new orders continued to plummet amid…