AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses…
Month: July 2024
Uncategorized
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday…
Ford urges its managers to buy more EVs with new leasing policy
By Nora Eckert DETROIT (Reuters) – Ford Motor is trying to get more of its managers to buy electric vehicles,…
Exclusive-Vista Equity in talks to hand over Pluralsight to creditors, sources say
By Milana Vinn (Reuters) – Private equity firm Vista Equity is in talks to cede control of its company Pluralsight…
Progressive to pay $48 million to settle claims it undervalued wrecked cars
By Jonathan Stempel NEW YORK (Reuters) – Progressive agreed to pay $48 million to settle a class action lawsuit accusing…
Walmart has held talks to sell its shuttered medical clinics, Fortune reports
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical clinics, Fortune reported on Tuesday,…
World Bank Group kicks off $20 billion annual guarantee push
By Marc Jones LONDON (Reuters) – The World Bank Group said on Monday it had started operating a new one-stop-shop…
Tesla rises ahead of Q2 deliveries report
(Reuters) – Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to…
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
(Reuters) – Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app…
BlackRock to buy UK data group Preqin for $3.2 billion
(Reuters) -BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an…