BIZ

BAT writes down $31.5 billion from value of U.S. cigarette brands

Business
Robert Johnson

A woman poses with a cigarette in front of BAT (British American Tobacco) logo in this illustration taken July 26, 2022. REUTERS/Dado ...

Roche joins race for obesity drugs with $2.7 billion Carmot deal

Business
Robert Johnson

The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing ...

Exclusive: Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs -source

Business
Robert Johnson

Barclays working on $1.25 billion cost savings plan Bank considering job cuts at Barclays Execution Services Unit aimed at improving efficiency has ...

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

Business
Robert Johnson

[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by ...

S&P 500, Nasdaq close down, ending 5-session winning streaks; retailers, tech weak

Business
Robert Johnson

Best Buy down on weak outlook Kohl’s slips on quarterly sales miss Indexes: Dow down 0.2%, S&P 500 down 0.2%, Nasdaq down ...

Sony facing $7.9 bln mass lawsuit over PlayStation Store prices

Technology
Laura Adams

The Sony logo is displayed outside the company’s headquarters in Tokyo, Japan February 16, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights LONDON, ...

Citigroup employees brace for layoffs, management overhaul – sources

Business
Robert Johnson

The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, ...

Wall St rallies as cooling inflation boosts peak rate bets

Business
Robert Johnson

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File ...

UK petrol station group EG to buy Tesla charging units

Business
Robert Johnson

A Tesla electric charging point stands unused in a car park, as Britain will ban the sale of new petrol and diesel ...

Polish president gives nationalists first shot at government

World
Emily Foster

[1/2]Polish President Andrzej Duda meets with Polish Prime Minister Mateusz Morawiecki and Deputy Speaker of the Parliament Ryszard Terlecki, both from Law ...