AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses…
Business
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News…
GM’s second-quarter US auto sales growth slows
(Reuters) – General Motors on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to…
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading
By Jonathan Stempel (Reuters) – The former senior Apple lawyer who avoided prison time after pleading guilty to insider trading…
‘Roaring Kitty’ is sued for alleged GameStop manipulation
By Jonathan Stempel NEW YORK (Reuters) – Keith Gill, the investor known as “Roaring Kitty” who helped spur the meme…
Google to require disclosures for digitally altered content in election ads
(Reuters) – Google said on Monday it would make it mandatory for advertisers to disclose election ads that use digitally…
Walmart, Capital One settle lawsuit over credit card partnership
By Jonathan Stempel NEW YORK (Reuters) – Walmart settled its lawsuit against Capital One over their credit card partnership, which…
OpenAI acquires database analytics firm Rockset
(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said…
Honeywell to buy aerospace and defense firm CAES Systems for $1.9 billion
(Reuters) -Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm…
Oracle to invest over $1 billion on AI, cloud computing in Spain
(Reuters) – Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial…