(Reuters) – PPG Industries missed first-quarter revenue estimates on Thursday due to sluggish demand in its industrial and performance coating businesses. Quarterly net sales fell about 2% to $4[...]
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April 18, 2024
J&J wins trial over Florida woman who claimed its baby powder caused her cancer
By Dietrich Knauth NEW YORK (Reuters) – A Florida jury on Thursday concluded that Johnson & Johnson’s baby powder talc product did not cause the ovarian cancer of a Florida woman who d[...]
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T. Rowe Price says 2018 Tesla pay aligned with investor interests
By Ross Kerber (Reuters) – Mutual fund firm T. Rowe Price said Elon Musk’s record-breaking 2018 pay package from Tesla “demonstrated strong alignment” with the interests of inv[...]
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Medical device maker Intuitive beats estimates on strong demand for surgical robots
(Reuters) – Intuitive Surgical beat Wall Street estimates for first-quarter profit and revenue on Thursday, riding on higher demand for its robots used in minimally invasive procedures. Investor[...]
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Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce – the second round of job cuts this year – as it r[...]
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Sanofi to overhaul US operations of vaccines, cut jobs
(Reuters) – French drugmaker Sanofi said on Thursday it would restructure the U.S. commercial operations for its vaccines and cut an undisclosed number of jobs. Sanofi would implement a[...]
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BOJ’s Ueda signals possible rate hike if weak yen boosts inflation
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest rates again if the yen’s declines significantly push up inflation, hi[...]
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US dollar gains after strong data, Fed comments on rate cuts
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Re[...]
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Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users[...]
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