By Patrick Wingrove (Reuters) – Boehringer Ingelheim on Thursday said it will lay off some of its salesforce due to poor U.S. sales of its biosimilar version of AbbVie’s blockbuster arthritis tr[...]
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April 4, 2024
Meta pushes back on US FTC’s bid to amend 2020 privacy settlement
By Granth Vanaik (Reuters) – Meta Platforms has rebuffed an attempt by the U.S. Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technica[...]
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Cboe seeks SEC approval for ETF share class of mutual funds
By Suzanne McGee (Reuters) -Cboe Global Markets asked the SEC to approve a rule change that would allow issuers to add an exchange-traded fund share class to existing mutual funds, the exchange said o[...]
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Japan likely to intervene if yen falls well below 152 vs $, says ex-FX diplomat Yamazaki
By Tetsushi Kajimoto and Takahiko Wada TOKYO (Reuters) -Japanese authorities will likely intervene in the currency market if the yen breaks out of a range it has been in for years and falls well below[...]
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BlackRock says CEO Laurence Fink’s pay reduced 18% in 2023
(Reuters) – BlackRock CEO Laurence Fink’s total pay for 2023 was $26.9 million, down from $32.7 million a year earlier, according to the company’s regulatory filings on Thursday. Bla[...]
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J&J recommends shareholders to reject ‘mini-tender’ offer by TRC Capital Investment
(Reuters) – Johnson & Johnson said on Thursday it has recommended its shareholders to reject an unsolicited “mini-tender” offer by TRC Capital Investment Corporation for about 0.[...]
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Morning Bid: Fed comments puncture mood, India gives rate steer
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A late and steep reversal on Wall Street on Thursday, sparked by comments from a U.S. Fed official that interest rates may[...]
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Conagra’s revenue, profit beefed up by at-home cooking demand
By Juveria Tabassum (Reuters) -Conagra Brands beat Wall Street estimates for third-quarter revenue and profit on Thursday, buoyed by a rebound in demand for its pantry staples and frozen food items fr[...]
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Exclusive-U.S. Justice Department to meet Boeing fatal crash victims’ lawyers
By Mike Spector, Chris Prentice and David Shepardson (Reuters) – The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX crashes that kil[...]
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