Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit
2023-08-15 22:56
Exclusive-SoftBank in talks to buy Vision Fund's 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) -SoftBank Group Corp is in talks to acquire the 25% stake
2023-08-14 01:15
Mushrooms are being farmed in Abu Dhabi's desert
Mushrooms usually sprout from dark, damp forest floor or bloom on fallen tree branches. But now, a startup in Abu Dhabi called Below Farm is growing them in the desert.
2023-08-11 09:45
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:48
US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by
2023-08-11 04:19
Exclusive-Amazon in talks to become anchor investor in Arm ahead of IPO -sources
By Echo Wang and Anirban Sen NEW YORK Amazon.com is in talks about joining other technology companies as
2023-08-09 06:20
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:16
Purdue asks Supreme Court not to block opioid settlement during US appeal
By Dietrich Knauth NEW YORK Oxycontin maker Purdue Pharma on Friday asked the U.S. Supreme Court to reject
2023-08-05 06:26
SoftBank's Arm Ltd targets $60 billion-plus IPO by September -Bloomberg News
Arm Ltd, SoftBank Group Corp's semiconductor unit, is targeting an initial public offering at a valuation of between
2023-08-02 13:16
CVS is laying off 5,000 workers
CVS is laying off about 5,000 employees in a cost-cutting effort, the pharmacy chain confirmed Tuesday.
2023-08-01 20:48
US asks Supreme Court to delay Purdue Pharma bankruptcy settlement
By Dietrich Knauth NEW YORK The U.S. Department of Justice on Friday asked the U.S. Supreme Court to
2023-07-29 05:54
Lawmakers seek to limit corporate and foreign ownership of US farmland
By Leah Douglas WASHINGTON U.S. lawmakers from both parties are pushing legislation that would limit who can own
2023-07-27 17:17