By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad ta[...]
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October 27, 2023
US shifting COVID antivirals to commercial market on Nov. 1
By Ahmed Aboulenein WASHINGTON (Reuters) – Most people will retain access to Pfizer’s Paxlovid and Merck’s Lagevrio COVID-19 oral antiviral treatments for little or no cost even afte[...]
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CEO Dimon to sell some of his JPMorgan shares for first time
By Niket Nishant, Lananh Nguyen and Nupur Anand (Reuters) -JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of his shares in the largest U.S. bank next year for the first time in almo[...]
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Oil prices up 3% on worries about Middle East supplies
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a one-week high on Friday on worries that tensions in Israel and Gaza could spread into a wider conflict that could disrupt global[...]
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Dollar eases as month-end flows weigh; eyes on Fed and BOJ
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against a basket of currencies on Friday, pulled down by portfolio rebalancing, but was on track to end the week higher as fresh data rei[...]
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Chevron’s third-quarter profit slumps, shares fall
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) -Chevron on Friday posted a third-quarter profit that missed Wall Street estimates by a wide margin, and its shares fell more than 5%. Oil company[...]
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Phillips 66 misses Q3 profit estimates; raises core profit target
By Seher Dareen (Reuters) -Phillips 66 on Friday reported a third-quarter profit that missed analysts’ estimates hit by lower refining margins, and raised its core profit growth target by $1 bil[...]
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AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
By Leroy Leo and Christy Santhosh (Reuters) -AbbVie, girding for government price negotiations on its big-selling cancer drug Imbruvica, on Friday disclosed a $2.1 billion charge related to an expecte[...]
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Aon third-quarter profit beats on growth in commercial risk solutions unit
(Reuters) – Insurance broker Aon reported a third-quarter profit on Friday that beat analysts’ estimates, helped by growth at its commercial risk solutions business. There has been an upti[...]
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