Dollar retreats ahead of key payrolls data
The U.S. dollar retreated in early European hours Friday, but is still on course for small gains this week after…
US FDA grants standard approval of Eisai/Biogen Alzheimer’s drug
(Reuters) -Eisai and Biogen (NASDAQ:BIIB)’s Leqembi won a coveted standard approval nod from the U.S. Food and Drug Administration on…
Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) – Electric car maker Tesla (NASDAQ:TSLA) Inc is laying off some battery production workers at its Shanghai plant, Bloomberg…
Twitter threatens to sue Meta over Threads platform
(Reuters) – Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the…
China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E
(Reuters) – Alibaba (NYSE:BABA) Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise…
Continental to phase out activities at Gifhorn plant by end of 2027
(Reuters) – Continental (ETR:CONG) said on Friday it plans to phase out business activities at its Gifhorn plant by the…
Risk/reward for airlines ‘still very attractive’ – Morgan Stanley
Morgan Stanley analysts raised the firm’s price targets for Allegiant Travel Company (NASDAQ:ALGT) to $120 from $115 and Sun Country…
Google delays release of fully custom phone chip until 2025 – The Information
(Reuters) – Alphabet Inc’s Google (NASDAQ:GOOGL) has delayed the release of a fully custom chip for its Pixel smartphones until…
Insight Partners raises $118 million fund to back underrepresented VCs
(Reuters) – Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer (NYSE:PFE) has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest…