(Reuters) – One new case of measles was reported this weekend in the United States, with the country suffering its worst outbreak of the highly contagious and sometimes deadly disease in close-to three decades. The measles case was confirmed on Saturday in an ... More »
(Reuters) – Apple Inc (AAPL.O) co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker’s credit card, fuelling scrutiny of the newly launched Apple Card. The criticism started on T... More »
(Reuters) – England’s Tyrrell Hatton beat Austria’s Matthias Schwab on the fourth playoff hole to clinch his second Rolex Series title at the Turkish Airlines Open in Antalya on Sunday after a dramatic six-man playoff. For the first time at a professional golf... More »
(Reuters) – Blackstone Group Inc (BX.N) is taking a majority stake in MagicLab, the parent company of dating app “Bumble” and “Badoo”, valuing the company at about $3 billion, the private equity firm said in a statement on Friday. Following the deal, Andrey An... More »
(Reuters) – French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specialises in battery storage and electric vehicle charging points. EDF, which did not disclose the financial terms of the acquisition, said th... More »
(Reuters) – McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday. The board found that Easterbrook, 52, who ha... More »
(Reuters) – The United States may not need to impose tariffs on imported vehicles later this month after holding “good conversations” with automakers in the European Union, Japan and Korea, U.S. Commerce Secretary Wilbur Ross said in an interview published on ... More »
(Reuters) – Under Armour Inc (UAA.N) is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday. The Balti... More »
(Reuters) – U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China’s Huawei Technologies Co will come “very shortly,” in an interview with Bloomberg published on Sunday. Ross said the licenses “will be forthcoming very... More »
(Reuters) – A multistate outbreak of salmonella linked to ground beef has caused one death in California and eight hospitalizations, U.S. health officials said on Friday. A total of 10 people in six U.S. states were infected with a strain of the bacteria calle... More »
MONTREAL (Reuters) – A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting government reforms to protect personal information in the Canadian province of Quebec, an official said on... More »
(Reuters) – AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members, bowing to pressure from activi... More »
(Reuters) – Warehouse giant Prologis Inc (PLD.N) said on Sunday it had agreed to acquire rival industrial real-estate business Liberty Property Trust (LPT.N) in a $12.6 billion deal to improve its U.S. presence amid the ecommerce boom. If approved, Prologis sa... More »
WASHINGTON (Reuters) – The head of a U.S. Senate panel reviewing two catastrophic Boeing 737 MAX crashes told Reuters ahead of hearings this week that the plane would not return to U.S. skies until “99.9% of the American public” and policymakers are convinced ... More »
(Reuters) – Louis Vuitton owner LVMH (LVMH.PA) has approached Tiffany & Co (TIF.N) with a $14.5 billion acquisition offer, people familiar with the matter said, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.... More »
(Reuters) – British Prime Minister Boris Johnson is preparing to grant China’s Huawei technologies Co Ltd access to the UK’s future 5G telecoms network, the Sunday Times reported on Sunday. Senior government and security services sources said the UK is moving ... More »
(Reuters) – Microsoft Corp. (MSFT.O) said in a statement on Saturday that the company appreciates being chosen by the U.S. Defense department (DoD) for the Pentagon’s $10 billion Joint Enterprise Defense Infrastructure Cloud (JEDI) contract. “We look forward t... More »
(Reuters) – AstraZeneca’s diabetes drug Farxiga has been approved for use in the United States as a treatment to reduce the chances of hospitalisation for heart failure in adults with type-2 diabetes and other cardiovascular risks, the British drugmaker said o... More »
(Reuters) – Qantas Airways (QAN.AX) and Virgin Australia Holdings Ltd (VAH.AX) were awarded one slot each to operate flights at Tokyo’s Haneda Airport, according to a draft decision by Australia’s International Air Services Commission (IASC). The opening at Ha... More »
JAKARTA (Reuters) – Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia’s cabinet, and the ride-hailing and payments company said two senior officials would jointly take over running operations of the $10 billion firm. Pres... More »
ZURICH (Reuters) – Roche’s Tecentriq immunotherapy mixed with the older cancer drug Avastin lifted both overall survival and progression-free survival in people with liver cancer that cannot be surgically removed, the Swiss drugmaker said on Monday. The compan... More »
SEATTLE/WASHINGTON (Reuters) – Boeing Co said on Sunday it understood the outcry over leaked messages from a former test pilot over erratic software behavior on its 737 MAX jet two years before recent crashes, and added it was still investigating what they mea... More »
(Reuters) – Belgian Nicolas Colsaerts captured his first European Tour title in seven years on Sunday, winning the French Open by one shot after a final round of 72. The 36-year-old, who held a three-shot lead coming into the final day at Le Golf National, fir... More »
(Reuters) – Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online. J&J shares fell more than 6% to... More »
(Reuters) – HBO Max, the forthcoming streaming service from AT&T Inc’s WarnerMedia, will screen films from Studio Ghibli, the Japanese animation producer behind the Academy Award-winning movie “Spirited Away”. This is the first time a streaming provider has ob... More »
SYDNEY (Reuters) – Australia’s banking regulator on Tuesday said it plans to ask lenders to meet higher capital levels domestically to offset their exposure to large overseas units – a move that comes in response to plans by New Zealand to hike capital ratios ... More »
(Reuters) – Shared office space company WeWork Companies Inc is leaning toward a near $5 billion financing package led by JPMorgan Chase & Co (JPM.N), instead of selling a controlling stake to Japan’s SoftBank Group Corp (9984.T), Bloomberg reported bloom.bg/2... More »
(Reuters) – The United Kingdom is reviewing all weapons exports licenses to Turkey as it faces mounting pressure over its military offensive in northern Syria, the Financial Times reported on Monday. British ministers have suspended issuing new licenses for ar... More »
(Reuters) – Faraday Future founder and Chief Executive Officer Jia Yueting has filed for bankruptcy in the United States and plans to turn over his stake in the Chinese electric vehicle firm to repay his personal debts, the company said. Yueting’s plan will no... More »
LONDON/SAN FRANCISCO (Reuters) – Backers of Facebook Inc’s (FB.O) Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in t... More »
(Reuters Health) – British citizens with HIV who live in Spain could face serious healthcare challenges post-Brexit, potentially risking public health at large, researchers say. A no-deal Brexit could leave many patients with HIV or other chronic conditions in... More »
(Reuters) – World number seven Petra Kvitova has become the sixth player to qualify for the season-ending WTA Finals in Shenzhen, the WTA said on Monday. The 29-year-old Czech, who won the title on her debut in 2011, will join Ash Barty, Karolina Pliskova, Sim... More »
(Reuters) – HSBC Holdings Plc (HSBA.L) is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday. The plan represent... More »
(Reuters) – A New York court on Thursday temporarily halted a state ban on the sale of flavored e-cigarettes, giving the embattled vaping industry a breather just a day before the state’s prohibition was due to take effect. The appellate court ruling puts a ho... More »
(Reuters Health) – A pilot study aimed at gauging the real-time mood in busy emergency rooms suggests doctors and nurses often feel strained as the number of waiting patients rises. The study’s aim was to test the feasibility of using terminals with touch-butt... More »
ZURICH (Reuters) – Credit Suisse (CSGN.S) cleared its CEO on Tuesday of snooping on a star wealth manager in an episode that saw suicide, scandal and espionage invade the secretive world of Swiss private banking. The spying on ex-wealth management chief Iqbal ... More »
(Reuters) – AstraZeneca Plc and Merck & Co Inc said on Monday their drug to treat a form of ovarian cancer improved progression-free survival in patients tested in a late-stage study. The study tested Lynparza in patients as an add-on to an already existing st... More »
(Reuters) – Fashion retailer Forever 21 Inc filed for bankruptcy on Sunday, as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught of e-commerce companies such as Amazon.com Inc (AMZN.O). Since the start of 2017, more than ... More »
(Reuters) – Novak Djokovic may be one of the fittest athletes in the world but the world number one wrestled with rare feelings of being hopelessly out of shape during a workout with retired sumo professionals on Monday. The 32-year-old Serb, who is in Tokyo t... More »
(Reuters) – People should stop using e-cigarettes, especially those with marijuana ingredient tetrahydrocannabinol (THC), U.S. public health officials recommended on Friday, as an investigation into illnesses and deaths related to vaping deepens. E-cigarettes ... More »
(Reuters) – Match Group Inc disclosed on Friday it had received a subpoena from the U.S. Department of Justice for documents relating to certain marketing-related claims in the Federal Trade Commission’s (FTC) complaint. The FTC on Wednesday alleged here that ... More »
LOS ANGELES (Reuters) – Spider-Man, the popular web-slinging superhero currently played by actor Tom Holland, will headline a new movie in 2021 and appear in a future Marvel Studios film under a deal announced Friday by Sony Corp (6758.T) and Walt Disney Co (D... More »
(Reuters) – Apple Inc plans to give its feature-length film productions extended theatrical releases before making them available on its streaming TV service, the Wall Street Journal reported on Friday. Citing people familiar with the matter, the Journal said ... More »
LONDON (Reuters) – British Prime Minister Boris Johnson said on Sunday the next few days would be key to his chances of securing a Brexit deal, and that an agreement with the European Union was still his aim and still possible. With less than seven weeks remai... More »
(Reuters) – Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday. Officials fr... More »
(Reuters) – Apple Inc (AAPL.O) said on Friday that Walt Disney Co (DIS.N) Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.... More »
(Reuters) – Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company’s plans to account for the trial of its new streaming service Apple TV+ will have a “material negative impact” on its results. “We do not expect the introducti... More »
(Reuters) – A U.S. Food and Drug Administration advisory panel on Friday recommended approving the first therapy for peanut allergies, which affect over 1.6 million children in the United States, despite raising concerns about the risk of severe allergic react... More »
(Reuters) – U.S. and European drug regulators said on Friday they are reviewing the safety of the widely taken heartburn drug ranitidine, commonly known by the brand name Zantac, after they found traces of a probable cancer-causing impurity in some versions of... More »
(Reuters Health) – No one can say if it’s the walks or the unconditional love, but there’s something about owning a dog that goes hand in hand with better heart health, suggests a study in eastern Europe. Researchers examined more than 1,700 adults in the Czec... More »
LONDON (Reuters) – The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound ($39 billion) takeover of the London Stock Exchange (LSE.L), it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company ... More »
SAN FRANCISCO (Reuters) – The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for gig economy companies like Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) to classify workers as independent contractors rath... More »
(Reuters) – Lexicon Pharmaceuticals Inc said on Tuesday France’s Sanofi SA will pay the drugmaker $260 million for the termination of their partnership to develop diabetes drug Zynquista. Shares of Lexicon jumped 37.8% to $2.37 in after hours trading. Under th... More »
(Reuters) – A Kansas resident was the sixth person to die in the United States of a mysterious respiratory illness related to vaping, state officials said on Tuesday, as public health officials scrambled to understand a nationwide health problem. “It is time t... More »
(Reuters Health) – Teens with chronic illnesses would like to have a say in decisions such as switching to a new medicine, but they often feel left out of the conversation, a small study suggests. Researchers in Wales who interviewed teens being treated for a ... More »
(Reuters) – The U.S. Food and Drug Administration has approved Xeris Pharmaceuticals Inc’s glucagon therapy that aims to treat severely low sugar levels in diabetes patients, the drugmaker said on Tuesday. The condition, called hypoglycemia, can cause acute co... More »
BENGALURU/MUMBAI (Reuters) – India lost contact with a spacecraft it was trying to land on the moon on Saturday, its space agency said, in a setback for the nation’s ambitious plans to become the first country to probe the unexplored lunar south pole. The land... More »
(Reuters) – It may not match the feeling of winning a world championship but Polish climber Marcin Dzienski’s feat of racing and defeating an elevator up 23 meters will certainly have given him a lift. The 2016 world champion who is regarded by many as one of ... More »
(Reuters) – Novak Djokovic’s U.S. Open title defense ended in agony on Sunday when the Serb retired from his fourth round match against Swiss Stan Wawrinka because of a shoulder injury. Wawrinka converted his fourth break point to lead 6-4 7-5 2-1 when world n... More »
(Reuters) – Britain’s Conservative lawmakers have been warned by party officials that their party whip would be withdrawn if they attempt to block a no-deal Brexit, Sky News reported on Sunday, citing a source. The lawmakers who have the whip withdrawn are eff... More »
WASHINGTON (Reuters) – Alphabet Inc’s Google will spend up to $200 million to settle a Federal Trade Commission investigation into YouTube’s alleged violation of a children’s privacy law, a person briefed on the matter told Reuters. Politico reported the settl... More »
(Reuters) – The U.S. patent office will review patents on Alexion Pharmaceuticals Inc’s blood disorder treatment Soliris, after Amgen Inc challenged them, court filings showed on Friday. The move deals a blow to Alexion’s efforts to ward off competition for it... More »
(Reuters) – U.S. public health officials on Friday reported a rise in the number of cases of respiratory illness possibly related to the use of e-cigarettes from across 25 states. The number of cases rose to 215 as of Aug. 27, from the U.S. Centers for Disease... More »
Women account for only a little over one third of appointments at a major hospital in India’s capital, New Delhi, highlighting extensive gender discrimination in access to healthcare services, researchers say. Looking at outpatient visits to a large hospital i... More »
(Reuters) – Papa John’s International Inc (PZZA.O) is set to name Rob Lynch as the pizza chain’s new chief executive officer, Bloomberg reported late on Monday, barely 19 months after Steve Ritchie took over as top executive following a bitter board dispute. L... More »
(Reuters Health) – Combination meals in U.S. fast food and fast casual restaurants have lots of calories, saturated fat, sugar and sodium, but customers can make the meals healthier by substituting drinks and toppings, researchers say. Combination meals includ... More »
DUBAI (Reuters) – An Iranian tanker sailed through the Mediterranean toward Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have “heavy consequences”. The Grace 1, renam... More »
(Reuters) – American Bernarda Pera and France’s Alize Cornet advanced to the second round with straight sets victories at the rain-hit Bronx Open in New York on Sunday. Pera, who lost to Veronika Kudermetova twice this year, got her revenge with a convincing 6... More »
(Reuters) – Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its f... More »
(Reuters) – AbbVie Inc has priced its new rheumatoid arthritis treatment at $59,000 a year after gaining U.S. approval on Friday, a big boost for the drugmaker struggling with rising competition for Humira, its blockbuster therapy for the same condition. A fou... More »
(Reuters) – Roche Holding AG has priced its personalized cancer treatment, Rozlytrek, at about $17,050 per month, nearly half of the monthly price of a rival drug from Bayer AG and Eli Lilly and Co that was approved last year. Roche’s drug and Bayer/Lilly’s Vi... More »
Court-ordered anti-smoking ads sponsored by the tobacco industry reached only around 40% of adults and about half of all smokers in the U.S., a recent study suggests. Past research has shown that anti-smoking mass media campaigns are an effective public health... More »
Hospital workers often come to work with contagious respiratory illnesses, against the recommendations of public health regulators, a Canadian study suggests. Nearly all of the 2,093 health care workers in the study who had such symptoms came to work at some p... More »
(Reuters) – The U.S. Food and Drug Administration on Friday approved Celgene Corp’s Inrebic to treat certain rare forms of bone marrow cancer called myelofibrosis, making it the second approved drug to treat the disease. Inrebic belongs to a class of drugs kno... More »
(Reuters) – World number two Rafa Nadal has withdrawn from this week’s Cincinnati Open due to fatigue, the tournament’s organizers said on Sunday. The Spaniard, Cincinnati champion in 2013, beat Russia’s Daniil Medvedev to claim his fifth Rogers Cup in Montrea... More »
(Reuters) – Goldman Sachs Group Inc (GS.N) said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020 U.S. presidential e... More »
VIENNA (Reuters) – Austrian sensor specialist AMS (AMS.S) triggered a bidding war for Osram (OSRn.DE) on Sunday, saying it was ready to pay $3.8 billion for the German lighting group’s shares, 10% more than finance investors Bain Capital and Carlyle (CG.O) hav... More »
(Reuters) – BlackRock Inc’s (BLK.N) new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment comp... More »
(Reuters) – A U.S. judge on Friday upheld two patents relating to Amgen Inc’s blockbuster rheumatoid arthritis drug Enbrel, denying a challenge by Novartis AG, which is seeking to launch a copycat version. The decision was a relief to investors concerned about... More »
TORONTO (Reuters) – The Canadian government announced final regulations on Friday that should cut billions of dollars from patented drug prices that are among the highest in the world, overcoming heavy opposition from pharmaceutical companies who may eventuall... More »
(Reuters) – Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms. In an internal memo, Walmart also asked its emp... More »
(Reuters) – Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings report, in sharp contrast to upbeat numbers from U.S. rival Lyft Inc a day earlier. None of the Wall Str... More »
(Reuters) – The U.S. Food and Drug Administration on Friday approved Daiichi Sankyo Co Ltd’s treatment for adult patients with a type of rare, non-cancerous tumor affecting joints and limbs. The label for the treatment, Turalio, includes a boxed warning flaggi... More »
(Reuters Health) – Universities across the United States have been slow to adopt anti-tobacco policies on campuses, researchers say, despite public health efforts to curb tobacco use, especially among teens and young adults. Just 16.7% of accredited universiti... More »
(Reuters) – French drugmaker Sanofi SA said on Friday it had terminated its partnership with Lexicon Pharmaceuticals Inc to develop and manufacture a drug for use with insulin in patients with type 1 and type 2 diabetes. Lexicon shares fell nearly 40% in exten... More »
(Reuters) – Entertainment One Ltd, which makes the popular children’s television show “Peppa Pig”, said award-winning producer Mark Gordon will continue to develop and produce content for the company, following a multi-year production deal. Investors had been ... More »
(Reuters) – Warren Buffett’s Berkshire Hathaway (BRKa.N) has raised its stake in Bank of America Corp (BAC.N), the company said in a regulatory filing on Thursday. The company owned 950 million shares in the bank as of July 17. () It had reported 896.2 million... More »
SRIHARIKOTA/BENGALURU, India (Reuters) – India launched a rocket into space on Monday in an attempt to safely land a rover on the moon, its most ambitious mission yet in the effort to establish itself as a low-cost space power. If successful, the $146 million ... More »
(Reuters) – Wells Fargo & Co said on Wednesday Julia Wellborn will become the head of Private Wealth Management, ending a months-long search for a leader following the retirement of Jay Welker last year. Wellborn joins Wells Fargo from Comerica Bank where she ... More »
TOKYO (Reuters) – Japan is considering taking a dispute with South Korea over its compensation for wartime forced laborers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK re... More »
(Reuters) – U.S. President Donald Trump has told aides and allies that he is considering removing Commerce Secretary Wilbur Ross after a Supreme Court defeat on adding a citizenship question to the census, NBC News reported (nbcnews.to/2XPQJ4B) on Monday. Trum... More »
(Reuters) – India’s slowing economic growth, water shortage and regulatory hurdles have taken its business sentiment in June to the lowest level since 2016, a survey by market research firm IHS Markit showed on Monday. The aggregate of private-sector companies... More »
(Reuters) – British drugmaker AstraZeneca Plc said on Monday the U.S. Food and Drug Administration declined to approve its diabetes treatment, Farxiga, for use as a supplement to insulin in adults with a rare-type of the condition. The company said the regulat... More »
(Reuters) – GlaxoSmithKline said on Monday a late-stage study testing its initial maintenance therapy, Zejula, in patients with ovarian cancer who have undergone platinum-based chemotherapy showed positive results. Zejula, which belongs to a promising class of... More »
BENGALURU (Reuters) – India’s space agency said it delayed the launch of its second lunar mission, Chandrayaan-2, in the early hours of Monday due to a “technical snag” which was observed less than an hour before the scheduled liftoff. “A technical snag was ob... More »
(Reuters) – Novak Djokovic has already established himself as one of the best ever to play the game but the Serb, who clinched his 16th Grand Slam at Wimbledon on Sunday, will not be satisfied until he is considered the greatest of all time, Boris Becker has s... More »
(Reuters) – A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a ... More »
(Reuters) – British Airways owner IAG said on Monday the UK Information Commissioner’s Office (ICO) intends to impose a penalty of 183.4 million pounds ($229.8 million) for the theft of customer data from the airline’s website last year. The airline revealed l... More »
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while it considers launching a full investigation. Amazon led a $575 million fundraising in Deliveroo in May, making what the t... More »
(Reuters) – Polymer maker Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid to strengthen its global position. London-based Synthomer is offering Beachwood, Ohio-headquartered Omnova $10.... More »