By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly rose while the U.S. dollar dipped to a near five-month low on Friday ahead of the long holiday weekend, with cooler-than-expect[...]
Read more
December 22, 2023
GSK to cut US prices for Advair, Valtrex and Lamictal
(Reuters) – Drugmaker GSK Plc said on Friday that it will cut U.S. list prices on asthma drug Advair, herpes drug Valtrex, and anti-epileptic medication Lamictal on Jan. 1, 2024. The price cuts[...]
Read more
Fed rate cuts firmly in view for 2024, even as rate-setters shift
By Ann Saphir SAN FRANCISCO (Reuters) – The annual rotation on the U.S. Federal Reserve’s interest-rate-setting committee means its 2024 voting members lean slightly more hawkish than the outgoi[...]
Read more
Facebook’s Meta fined for breaches of Italian gambling ads ban
ROME (Reuters) – Meta Platforms, the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling. Meta has been fined[...]
Read more
Apple explores AI deals with news publishers – New York Times
(Reuters) – Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company’s development of generative[...]
Read more
SEC tells spot bitcoin ETF hopefuls to make final changes by year-end -sources
By Suzanne McGee and Hannah Lang (Reuters) – U.S. SEC officials met on Thursday with representatives of at least seven companies hoping to launch exchange-traded funds (ETFs) tied to spot bitcoi[...]
Read more
Boeing’s first Dreamliner delivery to China since 2019 arrives
By Sophie Yu and Lisa Barrington (Reuters) – Boeing’s first direct delivery of a 787 Dreamliner to China since 2019 landed in Shanghai on Friday, a step that could hasten the end of China[...]
Read more
Cummins to pay record-setting $1.675 billion US environmental fine
By David Shepardson WASHINGTON (Reuters) -Truck engine maker Cummins Inc has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them t[...]
Read more
Dollar slips to 5-month low as US inflation cools
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar index edged down on Friday, hitting a near five-month low as data showed annual U.S. inflation slowed further below 3% in November, cementing market[...]
Read more