Caterpillar’s Russian assets transferred to firm owned by Armenian fund
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund…
Business
Employer coverage for weight-loss drugs rises sharply, survey finds
By Amina Niasse NEW YORK (Reuters) – About one-third of U.S. employer health plans are offering coverage of GLP-1 drugs…
Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in…
Tesla reported to police in Sweden over alleged illegal electrical work
COPENHAGEN (Reuters) – U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation…
Apple overtakes Microsoft to return as world’s most valuable company
(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…
Chipmaker Broadcom raises annual revenue forecast, unveils stock split
(Reuters) – Tech conglomerate Broadcom raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment…
General Motors approves new $6 billion share buyback plan
(Reuters) -General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker…
Paramount special committee meets to vote on Skydance deal, Bloomberg News reports
(Reuters) -A special committee of the board of Paramount Global is meeting on Tuesday to vote on whether to accept…
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the…
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the…