GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its…
May 2024
Novavax awaits FDA decision on whether its next COVID shot can be offered in US
By Michael Erman (Reuters) – Novavax will only be able to offer a COVID-19 vaccine in the United States this…
Blackstone CEO Schwarzman to back Trump, Axios reports
(Reuters) – Blackstone CEO Stephen Schwarzman will support Donald Trump as the former president looks to return to the White…
Tesla slashes Model Y production in Shanghai, data shows
SHANGHAI (Reuters) – Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at…
China starts second day of war games around Taiwan to test ability to ‘seize power’
By Bernard Orr and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s military started its second day of war games around Taiwan on…
Micron hit with $445 million US verdict in Netlist patent trial
By Blake Brittain (Reuters) – Chipmaker Micron Technology owes computer-memory company Netlist $445 million in damages for violating Netlist’s patent…
Implementation of global minimum tax deal is Germany’s priority, Finance Minister says
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax…
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in…
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record…
Tobacco industry aims to hook new generation on vapes, WHO says
LONDON (Reuters) -Tobacco companies still actively target young people via social media, sports and music festivals and new, flavoured products,…