Category Archives:
U.S. FTC expands probe into pharmacy benefit managers
(Reuters) -The U.S. Federal Trade Commission said on Wednesday it had sought information from two companies that negotiate drug rebates on behalf of pharmacy benefit managers (PBMs) as part of its pro...
May 17, 2023
China’s Gong Li: Michelle Yeoh’s success encourages Asian actors
CANNES (Reuters) - Gong Li, one of China's best actors, told Reuters on Wednesday that Michelle Yeoh's recent success at the Oscars and Golden Globes was particularly encouraging for Asian actors. "Si...
May 17, 2023
Brazil’s StoneCo beats profit expectations, sees further revenue growth
SAO PAULO (Reuters) - Brazilian financial tech firm StoneCo on Wednesday posted a better-than-expected first-quarter profit, while also predicting further revenue growth for the second quarter. The fi...
May 17, 2023
State makes another big Rainy Day Fund deposit
SPRINGFIELD, Ill. – Illinois’ Rainy Day Fund has another record-setting infusion of cash. Comptroller Susana Mendoza says the fund now has $1.73 billion in it after another $150 million st...
May 17, 2023
Cisco raises full-year profit forecast
(Reuters) -Cisco Systems Inc on Wednesday raised its full-year profit forecast, betting that demand will stay strong for its networking infrastructure even in a slowing economy. The company now expect...
May 17, 2023
Take-Two beats adjusted sales estimates on higher gaming demand
(Reuters) -Take-Two Interactive Software Inc on Wednesday beat Wall Street estimates for fourth-quarter adjusted sales on strong demand for legacy titles "NBA 2K" and "Grand Theft Auto", sending the v...
May 17, 2023
Software company New Relic in talks to be sold – WSJ
(Reuters) - Private-equity firms Francisco Partners and TPG are working together on a $5 billion-plus bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing p...
May 17, 2023
BlackBerry expects up to 54% revenue growth in 2026, shares rise
(Reuters) - BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the back of growth in its cybersecurity business, sending shares up 5%. The security software an...
May 17, 2023
Japan’s Kore-eda angles for second Cannes win with ‘Monster’
CANNES (Reuters) - Japanese director Hirokazu Kore-eda hopes to repeat his success at the Cannes Film Festival, five years after winning the top prize, with "Monster," which breaks down the misunderst...
May 17, 2023
New Zealand set to deliver no frills budget as election looms
By Lucy Craymer WELLINGTON (Reuters) - New Zealand is set to deliver what it calls a "no frills" budget on Thursday as falling tax revenues squeeze coffers and inflation risks cap cyclone reconstructi...
May 17, 2023
Peoria, IL, USA
66 °F Light Rain
