Category Archives:
GSK announces $1.25 billion settlement between ViiV Healthcare, Gilead
(Reuters) - GlaxoSmithKline PLC announced a settlement worth $1.25 billion between its ViiV Healthcare and Gilead Sciences Inc on Tuesday in relation to patent violations by Gilead's Biktarvy, a medic...
Feb 01, 2022
Tinder owner Match tempers annual revenue expectations on Omicron woes
(Reuters) - Match Group Inc cut its full-year revenue forecast on Tuesday, as the Tinder owner expects the impact from the Omicron COVID-19 variant to persist through 2022. The company, which also mis...
Feb 01, 2022
U.S. airline group warns 5G interference issues could linger for years
WASHINGTON (Reuters) - A group representing major U.S. passenger and cargo carriers will tell U.S. lawmakers on Thursday that it will likely take "years" to permanently address airplane interference i...
Feb 01, 2022
Top Senate Republican opposes leniency for U.S. Capitol rioters
WASHINGTON (Reuters) - Republican U.S. Senate Minority Leader Mitch McConnell said on Tuesday that he opposes leniency for those who pleaded guilty to committing crimes during the Jan. 6, 2021, attack...
Feb 01, 2022
Gilead earnings dip due to legal settlement, other charges
(Reuters) - Gilead Sciences Inc on Tuesday posted lower-than-expected fourth-quarter earnings, citing a $1.25 billion legal settlement involving HIV drug patents and a charge related to its collaborat...
Feb 01, 2022
Verizon plans to turn on around 2,000 5G towers in February -sources
WASHINGTON (Reuters) - Verizon Communications Inc plans to turn on around 2,000 additional towers in February to expand 5G C-Band deployment after talks with U.S. regulators, sources said. The U.S. Fe...
Feb 01, 2022
Nike/Louis Vuitton sneakers by Abloh beating auction estimates
By Alicia Powell NEW YORK (Reuters) - Bids for 200 pairs of Nike/Louis Vuitton "Air Force 1" sneakers designed by Virgil Abloh are running well beyond Sotheby's initial estimates in an auction with a ...
Feb 01, 2022
AMD forecasts annual revenue above estimates, shares surge
(Reuters) -Advanced Micro Devices forecast full-year revenue above expectations on Tuesday, as it looks to overcome global supply snags to meet strong demand for chips used in gaming consoles and data...
Feb 01, 2022
PayPal profit misses estimates as growth slows
(Reuters) -PayPal Holdings Inc on Tuesday narrowly missed Wall Street estimates for quarterly profit, as the online payments firm failed to match up to its blistering pace of growth a year earlier, se...
Feb 01, 2022
GM tempers 2022 outlook, sees operating profit of $13 billion to $15 billion
DETROIT (Reuters) -General Motors Co on Tuesday said it expects 2022 operating profit of $13 billion to $15 billion, citing an improving outlook for semiconductor chips used in its vehicles. The compa...
Feb 01, 2022
Peoria, IL, USA
47 °F Mist
