Under Armour to pay $434 million to settle 2017 lawsuit
(Reuters) – Under Armour said on Friday it would settle a 2017 shareholder class action lawsuit that accused the apparel…
Tesla tells judge that shareholder vote should reverse Musk pay ruling
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders in favor of…
Weight-loss drug Zepbound resolves sleep apnea in up to 52% of patients, Lilly says
By Patrick Wingrove (Reuters) – Eli Lilly on Friday said its popular weight-loss drug Zepbound helped resolve moderate to severe…
Fisker heads toward liquidation as creditors fight over assets
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S….
U.S. jet fuel output rises to pre-COVID levels as demand soars
By Shariq Khan and Seher Dareen NEW YORK (Reuters) – U.S. refiners pumped out jet fuel last week at the…
TikTok says US ban is inevitable without a court order blocking law
By David Shepardson WASHINGTON (Reuters) – TikTok and Chinese parent ByteDance on Thursday urged a U.S. court to strike down…
Anthropic launches newest AI model, three months after its last
By Jeffrey Dastin (Reuters) – Anthropic, a startup backed by Google and Amazon.com, on Thursday released an updated artificial intelligence…
Oracle to invest over $1 billion on AI, cloud computing in Spain
(Reuters) – Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial…
Nestle, Coke take cautious approach to catering to Ozempic users
By Jessica DiNapoli NEW YORK (Reuters) -Nestle’s new food brand for people taking weight-loss drugs like Wegovy will note that…
Huge tech ETF set to buy $10 billion in Nvidia shares
By Suzanne McGee and Lisa Pauline Mattackal (Reuters) – One of the world’s largest technology funds is set to ramp…