By Jasper Ward WASHINGTON (Reuters) – New Hampshire Governor Chris Sununu said on Monday he would not join the crowded field vying for the 2024 Republican presidential nomination, saying too many candidates will help former President Donald Trump win the nomination. “Our party is on a collision course toward electoral irrelevance without significant corrective action,”…
(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company’s market value remained short of an all-time peak of $3 trillion. Apple is expected to launch a mixed-reality headset at its Worldwide Developers Conference (WWDC) later in the…
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden’s Democratic allies are planning a private Chicago fundraiser with billionaire Illinois governor J.B. Pritzker as soon as this month, two people briefed on the president’s plans say. A specific date for the tentative event had not been confirmed and a spokesman for…
By Joseph White (Reuters) – General Motors Co said on Monday it plans to invest more than $1 billion to re-tool two manufacturing sites in Flint, Michigan to prepare for a new generation of its internal combustion engine heavy-duty (HD) trucks. GM has outlined this year a total of $1.7 billion in investments in Flint…
By Patrick Wingrove (Reuters) – Johnson & Johnson’s legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since…
By Leroy Leo (Reuters) – UnitedHealth Group on Monday made a surprise $3.26 billion all-cash offer to acquire Amedisys Inc, pitting itself against another healthcare company set to buy the home health and hospice care firm. Interest in the home health sector has jumped since the pandemic as patients and caregivers increasingly prefer accessing medical…
By John Revill ZURICH (Reuters) -UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year. The deal’s completion is subject to the registration statement, which covers shares to be delivered,…
By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -Secretary of State Antony Blinken pledged continued U.S. commitment to both Israel’s security and a two-state solution to the Israel-Palestinian conflict on Monday, but said the expansion of Jewish settlements would be an obstacle to peace. In a speech to the pro-Israel lobby group the American Israel…
By Aditi Shah ISTANBUL (Reuters) – Japan’s All Nippon Airways (ANA) wants to grow its short and medium-haul fleet by 2030, especially expanding the Boeing 787 planes it has on order, CEO Shinichi Inoue said on the sidelines of an aviation conference in Istanbul on Monday. ANA is still not operating the number of aircraft…
(Reuters) – New orders for U.S.-made goods rose for a second straight month in April, boosted largely by defense spending, but the overall manufacturing industry continued to struggle under the weight of higher interest rates. Factory orders increased 0.4% after a 0.6% gain in March, the Commerce Department said on Monday. Economists polled by Reuters…
