US FDA approves Pfizer’s blood cancer therapy
By Bhanvi Satija and Pratik Jain (Reuters) -The U.S. Food and Drug Administration on Monday granted accelerated approval to Pfizer’s…
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Bankman-Fried heads to Brooklyn jail notorious for poor conditions
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates…
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK (Reuters) – Basswood Capital, Adage Capital Partners and Paul Tudor Jones’ Tudor Investment Corp were…
US hedge funds stampede out of China in Q2
By Carolina Mandl NEW YORK (Reuters) – U.S.-based hedge fund investors including Coatue, D1 Capital and Tiger Global cut their…
US FTC fines Experian unit for spamming consumers
By Jonathan Stempel (Reuters) -A unit of the Experian credit reporting bureau agreed to pay a $650,000 civil fine to…
Esmark makes $7.8-billion offer for U.S. Steel Corp
(Reuters) -Esmark, a privately held company, said on Monday it had made an offer to buy U.S. Steel Corp for…
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries’ shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny…
Biden urges automakers, union to make ‘a fair agreement’
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called for union auto workers and Detroit’s Big Three automakers to come…
Nikola recalls all battery-electric trucks, halts sales after fire probe
By Mrinmay Dey (Reuters) -Nikola said on Friday it was recalling all the battery-powered electric trucks that it has delivered…
Australian court fines Dell unit $6.5 million for misleading customers on discounts
By Navya Mittal (Reuters) -Australia’s Federal Court on Monday ordered Dell Technologies Inc’s local unit to pay A$10 million ($6.46…