Illumina starts job cuts, plans office exit to rein in costs
(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion…
June 2023
AutoZone’s long-time CEO Rhodes to step down next year
(Reuters) – AutoZone Inc CEO Bill Rhodes will step down in January next year after leading the company for more…
Lilly experimental ‘triple G’ obesity drug leads to 24.2% weight loss in trial
By Deena Beasley (Reuters) -Eli Lilly on Monday said a mid-stage trial of its next-generation obesity drug candidate “triple G”…
Brookfield’s reinsurance arm nearing deal to buy American Equity – source
By Anirban Sen (Reuters) -Canadian private equity firm Brookfield’s reinsurance arm is nearing a deal to buy insurer American Equity…
Costa Rica unlocks $519 million from IMF for economic reform, climate programs
(Reuters) – Costa Rica has unlocked a total of around $519 million for its economic reform program and a climate…
Marketmind: Inflation, rates worries supersede Russia stress
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
General Dynamics, American Rheinmetall Chosen To Compete To Win Potential $45 Billion US Army Vehicle Contract
WASHINGTON (Reuters) – The U.S. Army has selected General Dynamics and American Rheinmetall to compete to replace the Bradley fighting…
‘Taco Tuesday’ owners fire back after Taco Bell’s trademark challenge
By Blake Brittain (Reuters) – Fast-food chain Taco John’s and New Jersey-based Gregory’s Restaurant & Bar urged the U.S. Trademark…
Biden administration to spend $450 million on higher-blend biofuels
By Leah Douglas WASHINGTON (Reuters) – The U.S. Department of Agriculture will spend $450 million to expand the production and…
Canada PM Trudeau takes wait-and-see approach on aborted Russian mutiny
By Ismail Shakil OTTAWA (Reuters) -The aborted mutiny in Russia is an internal issue for Moscow and speculation over it…