Trump Media shares plummet 21% days after debut
By Yuvraj Malik and Priyanka G (Reuters) -Shares of Donald Trump’s social media company plunged 21% on Monday, wiping out…
Category: Business
Teva, Viatris win new chance to challenge J&J schizophrenia drug patent
By Blake Brittain (Reuters) -Teva Pharmaceutical and Viatris convinced a U.S. appeals court on Monday to revive their challenges to…
OpenAI makes ChatGPT’s accessible without requiring sign ups
(Reuters) – OpenAI will start allowing users to access its free-to-use ChatGPT generative AI chatbot without needing to sign up…
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Home Depot bulks up Pro-business with $18.25 billion deal for building products supplier SRS
By Deborah Mary Sophia, Savyata Mishra and Abigail Summerville (Reuters) -Home Depot will buy building materials supplier SRS Distribution in…
UBS sells $8 billion of Credit Suisse assets to Apollo
ZURICH (Reuters) – UBS has sealed the sale of Credit Suisse’s securitised products business to Apollo Global Management as part…
GameStop shares fall as video game retailer faces competition, weak spending
(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…
US FDA approves Merck’s therapy for rare lung condition
(This March 26 story has been corrected to remove reference to follicle-stimulating hormone, in paragraph 8) By Leroy Leo and…
Exclusive-First Quantum execs discuss investment, disputed copper with Chinese officials
By Julian Luk and Divya Rajagopal LONDON/TORONTO (Reuters) -Executives from Canadian miner First Quantum Minerals met with Chinese government officials…
Apollo offers $11 billion for Paramount’s Hollywood studio, source says
By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…