Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…
2024
Blackstone CEO Schwarzman received $896.7 million in pay, dividends in 2023
(Reuters) – Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29%…
Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership
By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday urged the U.S. government to allow the carrier to continue…
Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year
By Deena Beasley (Reuters) – Pharmaceutical companies last year launched new U.S. drugs at prices 35% higher than in 2022,…
Trump formally ordered to pay $454 million in New York fraud case
By Jonathan Stempel NEW YORK (Reuters) -Donald Trump was formally ordered by a New York judge to pay $454.2 million…
US targets Russia with hundreds of sanctions over Ukraine war, Navalny death
By Daphne Psaledakis, David Brunnstrom and Timothy Gardner WASHINGTON (Reuters) -The United States on Friday imposed extensive sanctions against Russia,…
Warner Bros Discovery’s bigger-than-expected loss clouds streaming gains; shares skid
(Reuters) -Warner Bros Discovery reported a bigger-than-expected quarterly loss on Friday, as the media conglomerate battled a weak advertising market…
AngloGold Ashanti posts 3% drop in 2023 output
(Reuters) -AngloGold Ashanti on Friday posted a 3% drop in 2023 output, weighed down by production slippages at key mines…
Gold miner Newmont to sell assets, cut jobs after Newcrest buy
By Divya Rajagopal and Seher Dareen (Reuters) -Newmont Corp intends to divest eight non-core assets and trim its workforce to…
Moderna reports surprise profit, sets out road map for RSV vaccine
By Patrick Wingrove and Leroy Leo (Reuters) -Moderna on Thursday reported a surprise fourth-quarter profit, helped by cost cutting and…