Gilead to buy cancer therapy developer Arcellx for up to $7.8 billion
By Christy Santhosh Feb 23 (Reuters) – Gilead Sciences will pay as much as $7.8 billion to acquire partner Arcellx…
Bayer sues Johnson & Johnson over marketing of prostate cancer drug
NEW YORK, Feb 23 (Reuters) – Bayer sued Johnson & Johnson on Monday, accusing the rival drugmaker of falsely advertising…
US Supreme Court to hear Exxon bid for compensation from Cuba
By Jan Wolfe Feb 23 (Reuters) – The U.S. Supreme Court will consider on Monday the scope of a law…
Trump orders temporary 10% global tariff to replace duties struck down by US Supreme Court
WASHINGTON, Feb 20 (Reuters) – U.S. President Donald Trump said on Friday that he would impose a 10% global tariff…
Amazon’s cloud unit hit by outage involving AI tools in December
Feb 20 (Reuters) – Amazon’s cloud unit AWS had suffered an outage impacting a cost-management feature in December, a spokesperson told…
Trump, mentioning Fed chair pick, says interest rates should come down substantially
WASHINGTON, Feb 20 (Reuters) – U.S. President Donald Trump on Friday, citing his pick to succeed Federal Reserve Chair Jerome…
JPMorgan taps CHIPS, defense officials for $1.5 trillion security initiative push, memo says
Feb 20 (Reuters) – JPMorgan Chase has appointed a group of senior leaders to advance its push into sectors tied…
Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
Feb 17 (Reuters) – Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims…
Nvidia to sell Meta millions of chips in multiyear deal
SAN FRANCISCO, Feb 17 (Reuters) – Nvidia on Tuesday said it has signed a multiyear deal to sell Meta Platforms…
Microsoft to keep buying enough renewable energy to match all its electricity needs
By Padraic Halpin DUBLIN, Feb 18 (Reuters) – Microsoft has promised to keep buying enough renewable energy to match all…