By Niket Nishant and Manya Saini (Reuters) – Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America,…
Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports
(Reuters) – Citigroup’s lawyers have urged U.S. District Judge Paul Oetken to dismiss a suit filed in January by Attorney…
Boeing weighs options for raising cash as ratings downgrade looms, sources say
By Shankar Ramakrishnan, Allison Lampert, Echo Wang and Mike Stone NEW YORK (Reuters) – Boeing is examining options to raise…
TikTok sued by 13 states and DC, accused of harming younger users
By Jody Godoy and David Shepardson NEW YORK/WASHINGTON (Reuters) – TikTok faces new lawsuits filed by 13 U.S. states and…
California investigating possible human case of bird flu, state says
CHICAGO (Reuters) -California is investigating a possible case of bird flu in a person who had contact with infected dairy…
US Medicare issues updated rules for second round of drug negotiations
By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government will provide more time for negotiations and more chances for drugmakers…
Fed’s Goolsbee says dockworkers’ strike could lead to higher prices
(Reuters) – Chicago Federal Reserve President Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth…
Tesla plans $800 million debt sale backed by prime leases, Bloomberg News reports
(Reuters) -Tesla is preparing to sell $783 million in debt, backed by automotive leases from its prime borrowers amid a…
Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
(Reuters) -U.S. drugmaker Eli Lilly said on Wednesday it will invest $4.5 billion to create a new center in Indiana…
Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…