By Nate Raymond (Reuters) -The three largest U.S. drug distributors have agreed to pay $300 million to resolve claims by health insurers and benefit plans that they helped fuel the deadly U.S. opioid[...]
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Dow notches record high close after upbeat economic data
By Noel Randewich (Reuters) -Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expec[...]
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Explainer-What is Elon Musk’s feud with a Brazilian Supreme Court justice about?
BRASILIA (Reuters) – A Brazilian Supreme Court justice on Friday ordered the country’s telecommunications regulator Anatel to shut down Elon Musk’s social media platform X after the[...]
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Brazil judge takes on Musk’s X as ‘fake news’ crusade ramps up
By Anthony Boadle BRASILIA (Reuters) -Brazilian judge Alexandre de Moraes’ decision to shut down billionaire Elon Musk’s social media platform X is just the latest chapter in a no-holds-ba[...]
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Catalent delays filing of annual report
(Reuters) – Catalent said on Friday it was unable to file its annual report with regulators on time as it requires additional time to complete “certain processes”. The contract drug[...]
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As strike looms, Canada unwilling to wade into Air Canada pilot dispute, source says
By Allison Lampert, David Ljunggren and Rajesh Kumar Singh (Reuters) – Canada is reluctant to force Air Canada’s pilots back to work if they go on strike, a government source told Reuters[...]
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Goldman to lay off a few hundred employees in annual talent review, source says
By Manya Saini (Reuters) -Goldman Sachs is planning to cut a few hundred jobs as part of an annual review process aimed at low performers, a person familiar with the matter told Reuters on Friday. The[...]
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Exclusive-China’s Sinochem plans to exit US shale JV with Exxon, sources say
By Shariq Khan NEW YORK (Reuters) – Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil, valued upw[...]
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New Boeing CEO holds first meeting with FAA chief
By David Shepardson WASHINGTON (Reuters) -New Boeing CEO Kelly Ortberg met this week with the head of the Federal Aviation Administration as the planemaker faces numerous regulatory issues and increas[...]
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