Business - Page 129

A federal court in Delaware has affirmed a significant law that mandates certain pharmaceutical companies to negotiate drug prices with the U.S. government’s Medicare program. This ruling, made by U.S. District Judge

In February, U.S. liquefied natural gas (LNG) exports experienced a 7% decline compared to January, according to preliminary data from financial firm LSEG. The decrease was attributed to a month-long shutdown at

Media platform Reddit is poised for an initial public offering (IPO) with an anticipated valuation of up to $6.5 billion, according to sources familiar with the matter who spoke to Reuters on

Billionaire entrepreneur Elon Musk has taken legal action against OpenAI and its CEO, Sam Altman, alleging that they deviated from the initial mission of the startup, which was to develop artificial intelligence

Dell Technologies (DELL.N) anticipates annual revenue and profit surpassing Wall Street’s projections, propelled by the burgeoning demand for its artificial intelligence servers, triggering a surge of more than 16% in its shares

Spanish steelmaker Acerinox (ACX.MC) anticipates a resurgence in steel demand in the coming months, following a significant decline in net profit last year. Net profit plummeted by 58% to 228 million euros

Germany is calling on tech giants Alphabet (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O), ByteDance, Meta Platforms (META.O), and Microsoft (MSFT.O) to shoulder the financial burden of compliance costs associated with new European Union

The S&P 500 and Nasdaq achieved record highs, and the global equity index advanced on Thursday following an eagerly awaited U.S. inflation reading, which brought little surprise to relieved investors and helped