(Reuters) -Shares of Moderna fell 4% on Wednesday after a U.S. judge issued an order that strengthened Arbutus’ arguments in a patent infringement lawsuit related to Moderna’s blockbuster[...]
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April 3, 2024
Mercedes-Benz rejects ‘anti-union’ allegations after US union complaints
BERLIN (Reuters) – Mercedes-Benz on Wednesday said it recognises the right of its employees to form representatives after a U.S. auto workers union said it had filed complaints about the carmake[...]
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Two plead guilty to insider trading in Kodak before Trump loan announcement
By Jonathan Stempel NEW YORK (Reuters) – A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arra[...]
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Brazil hopes COP30 climate summit boosts ecotourism
By Anthony Boadle BRASILIA (Reuters) – Brazilian tourism officials are hoping to change the country’s image as a mere haven for scantily-clad beachgoers by hosting U.N. climate talks next[...]
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EU’s Vestager may act if Microsoft’s poaching of Inflection staff signals wider trend
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators have noted Microsoft’s hiring of most of artificial intelligence startup Inflection’s staff including its co-founders and may act i[...]
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Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers
By Savyata Mishra (Reuters) -Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown in demand across categories in the first quarter and stiff competition, wei[...]
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JetBlue pilots open negotiations over new labor deal
(Reuters) – Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to JetBlue Airways to open negotiations for a new collective bargaining agreement, the union[...]
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Airbus delivered 142 airplanes in the first quarter -sources
PARIS (Reuters) – Airbus delivered 142 aircraft in the first quarter, up 12% from the same period last year, industry sources said. Airbus declined to comment. The tally restored deliveries to t[...]
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First major central bank rate cut marks turning of the cycle in March
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Switzerland kickstarted the rate cutting cycle among major central banks in March while the easing push re-accelerated across emerging econ[...]
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