(Reuters) – Boeing said on Tuesday it delivered 33 jets in September, down from 40 plane deliveries in August, as a strike mid-month by around 33,000 U.S. West Coast factory workers weighs on output. Boeing’s September deliveries were up by six jets from the same month in 2023, when the U.S. planemaker handed over fewer […]
US says it has disrupted Russian efforts to commit computer fraud
(Reuters) – The United States has seized 41 internet domains used by Russian intelligence agents and their proxies to commit computer fraud and abuse, the Justice Department said in a statement on Thursday. The department said it had acted concurrently with a Microsoft civil action to restrain 66 internet domains used by the same actors. […]
California investigating possible human case of bird flu, state says
CHICAGO (Reuters) -California is investigating a possible case of bird flu in a person who had contact with infected dairy cattle, the state’s public health department said on Thursday. The spread of the virus to cattle in 14 states and infections of 13 dairy and poultry farm workers this year have concerned scientists and federal […]
Texas attorney general sues insulin makers and pharmacy middlemen over high costs
(Reuters) – The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate the cost of insulin. Texas Attorney General Ken Paxton’s office said on Thursday it had sued insulin makers Eli Lilly, Novo Nordisk and Sanofi. The office had also sued PBMs, including CVS’ Caremark, […]
Sabadell CEO says 2024 full-year profit could top 1.6 billion euros
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend off […]
Stocks stable, oil rises as wary investors eye Middle East hostilities
By Sinéad Carew and Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was down slightly on Wednesday while the dollar rose and oil prices pared earlier gains, as investors digested U.S. economic data and anxiously waited for Israel’s response to Iran’s missile attack the previous day. Oil prices rose on worries that further […]
Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in China and Europe hit demand for its aging models, putting the electric-vehicle maker at risk of its first-ever decline in annual deliveries. Shares of the world’s most valuable automaker fell more than 6% in morning […]
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world. The funding has attracted returning venture capital investors including Thrive Capital and Khosla Ventures, as well as […]
Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
(Reuters) -U.S. drugmaker Eli Lilly said on Wednesday it will invest $4.5 billion to create a new center in Indiana that will focus on developing new ways to manufacture its drugs and increasing production of experimental medicines used in clinical studies. Lilly and Danish rival Novo Nordisk are market leaders for a class of weight-loss […]
Peloton beats shareholder lawsuit over post-pandemic financial forecasts
By Jonathan Stempel NEW YORK (Reuters) – Peloton Interactive won dismissal of a lawsuit claiming it defrauded shareholders by concealing how demand for its home exercise equipment, which surged after the COVID-19 pandemic began, was declining as vaccines became available and gyms began reopening. In a Monday night decision, U.S. District Judge Andrew Carter in […]