Agios Pharmaceuticals reports Q3 2023 revenue rise, progresses in clinical trials

Agios Pharmaceuticals Inc (NASDAQ:AGIO) has reported an increase in revenue for Q3 2023, despite a net loss. The company’s net…

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

(Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday and said it did not…

Duke Energy beats profit estimates on higher margins

(Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher…

FTC says Amazon made $1 billion with price-raising algorithms

(Reuters) – The Federal Trade Commission in new court documents said Amazon.com (NASDAQ:AMZN) deliberately raised prices by more than $1…

Uber, Lyft to pay $328 million to settle New York wage theft claims

(Reuters) – Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) will pay a combined $328 million to settle claims by New York’s attorney…

Wall Street regulator adopts new rules for swap trading facilities

(Reuters) – The U.S. Securities and Exchange Commission on Thursday adopted new rules governing security-based swap trading platforms, implementing a…

Moderna reins in 2023 COVID vaccine forecast, shares tumble

(Reuters) – Moderna on Thursday said its 2023 sales would only hit the low end of its $6 billion to…

Swiss digital finance pioneers new era with wholesale CBDC project

A consortium of Swiss financial institutions is set to revolutionize digital financial markets through the launch of Helvetia Phase III,…

Shopify (NYSE:SHOP) Beats Q3 Sales Targets, Stock Jumps 17.1%

E-Commerce software platform Shopify (NYSE:SHOP) reported Q3 FY2023 results topping analysts’ expectations, with revenue up 25.5% year on year to…

SoftBank Corp raises $800 million through Japan’s first listing of bond-type shares

(Reuters) – Japan’s SoftBank (TYO:9984) Corp’s bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first…