By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday grappled with a pair of cases from California and Michigan involving public officials blocking critics on social[...]
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October 31, 2023
U.S. FDA approves Amgen’s biosimilar version of J&J’s psoriasis drug
(Reuters) – The U.S. Food and Drug Administration on Tuesday approved Amgen’s biosimilar version of Johnson & Johnson’s blockbuster psoriasis treatment, Stelara, for multiple inf[...]
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Bond fund managers head for third year of losses for first time in decades
By Harry Robertson LONDON (Reuters) – Many of the world’s biggest bond funds are facing their third straight year of losses for the first time in roughly 40 years, as a relentless U.S. eco[...]
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Evergrande will struggle to revive its debt restructuring plan
By Clare Jim, Xie Yu and Scott Murdoch HONG KONG (Reuters) -China Evergrande is trying to stave off liquidation by revising its debt restructuring plan, but its biggest challenge will be convincing it[...]
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Chesapeake Energy tops profit estimates as costs ease
By Sourasis Bose (Reuters) -Chesapeake Energy beat Wall Street estimates for third-quarter profit on Tuesday, as lower overall costs helped offset the impact of falling natural gas prices, sending its[...]
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After 100 years of innovating entertainment, Disney is at a crossroads
By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s beginning to show its age. The share price dropped to its lowest level[...]
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Australia’s NAB targets at least $633 million in lending to indigenous businesses
(Reuters) – National Australia Bank Ltd said on Wednesday it has set a new target to more than double its lending to indigenous businesses and communities to at least A$1 billion ($633.70 millio[...]
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Ternium posts 77% quarterly income boost as steel shipments jump
By Aida Pelaez-Fernandez (Reuters) – Steelmaker Ternium reported on Tuesday a third-quarter adjusted net income of $271 million, up more than 77% from the $153 million net income posted during t[...]
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US offshore wind writedowns seen soaring with Orsted earnings
By Scott DiSavino (Reuters) -European energy companies, including Denmark’s Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840[...]
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