Biogen cuts profit view on higher M&A costs, Alzheimer’s drug expense
(Reuters) – Biogen on Wednesday cut its annual profit forecast, which slipped below Wall Street expectations, due to higher costs…
US lawmakers want Biden to hike tariffs on Chinese-made vehicles
(Reuters) – A bipartisan group of U.S. lawmakers want the Biden administration to hike tariffs on Chinese-made vehicles and investigate…
Teva Pharm says Israel-Hamas war not hurting production
(Reuters) – Israel-based Teva Pharmaceutical Industries (NYSE:TEVA), the world’s largest generic drugmaker, said on Wednesday production in Israel is largely…
JPMorgan, Bpifrance to invest $60M in French female-led funds
(Reuters) – JPMorgan on Wednesday said it is teaming up with Bpifrance to invest around $60 million in private investment…
Circle Internet Financial considers 2024 IPO following previous unsuccessful attempts
Circle Internet Financial Ltd., the issuer of the globally recognized USDC stablecoin, is reportedly considering an initial public offering (IPO)…
Starbucks shares fall, ending three-day rally amid positive market trends
Starbucks Corp (NASDAQ:SBUX). shares experienced a minor downturn on Tuesday, ending a three-day winning streak. The company’s stock fell by…
U.S. stocks are rising, setting a course to extend winning streak
U.S. stocks edged higher on Wednesday, setting the indexes on a path to extend their longest winning streak in two…
Swiss respond to removal from US currency manipulation list
(Reuters) – The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of…
Indian rupee to trade near record lows despite surging growth
(Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a…
Warner Bros Discovery says strike effects, weak ad market to linger into 2024
(Reuters) – Box office smash “Barbie” helped Warner Bros Discovery (NASDAQ:WBD) top quarterly profit estimates, but the effect of two…