Teva to pay Nevada $193 million over role in opioid epidemic
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries on Wednesday agreed to pay Nevada $193 million to settle claims that…
Business
Bank failures, ‘hard landing’ still top-of-mind for hedge funds
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -Big U.S. hedge fund and family office investors on Wednesday cautioned…
Shares recoil from 13-mth high, Turkey’s lira hits record low
By Samuel Indyk and Koh Gui Qing LONDON (Reuters) -Global stocks retreated from a 13-month high on Wednesday and the…
New 787 issue could slow delivery of 90 jets in Boeing’s inventory
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing said on Tuesday it could be forced to slow deliveries of…
UK to remove Chinese-made surveillance equipment from sensitive govt sites
LONDON (Reuters) -Britain has committed to the removal of Chinese-made surveillance equipment from sensitive government sites as part of its…
Binance CEO’s trading firm received $11 billion via client deposit company, SEC says
By Tom Wilson LONDON (Reuters) – Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around…
Amazon leads declines in discretionary sector, streaming companies outperform
By Sinéad Carew (Reuters) – Shares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer…
What makes a crypto asset a security in the U.S.?
By Jody Godoy (Reuters) -Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S….
GameStop misses quarterly revenue estimates
(Reuters) – GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed…
US, European hotel rates may keep rising, industry executives say
By Doyinsola Oladipo NEW YORK (Reuters) -Hotel room rates in the U.S. and Europe are rising and may get even…