(Reuters) -Ozempic-maker Novo Nordisk on Friday ousted its CEO Lars Fruergaard Jorgensen over concerns the company is losing its first-mover advantage in the competitive obesity
Category: Business
Container ship owners swamped as US-China trade detente revives demand
By Lisa Baertlein, Farah Master and Casey Hall LOS ANGELES/HONG KONG (Reuters) -Container ship bookings for China-to-U.S. cargo have surged since the countries declared a
Coinbase says it strongly believes US SEC investigation should not continue
(Reuters) -Coinbase said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not
Uber bets on affordability with shared fixed-route rides, expanded passes
(Reuters) -Uber Technologies on Wednesday unveiled a range of new offerings such as shared fixed-route rides and expanded membership passes, targeting consumers seeking cost-effective ways
US smartphone shipments rose 30% in March due to tariff concerns, report says
(Reuters) -Smartphone shipments to the U.S. surged 30% in March as manufacturers Apple, Samsung and Motorola rushed to bring more devices into the country in
AI chipmaker AMD unveils $6 billion buyback plan
(Reuters) – Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce
US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states
(Reuters) -A number of U.S. technology firms on Tuesday announced artificial intelligence deals in the Middle East as U.S. President Donald Trump secured $600 billion
United Airlines exec says it may not get Boeing 737 MAX 10s until 2027 or ’28
By David Shepardson NEW YORK (Reuters) -United Airlines may not take delivery of the Boeing 737 MAX 10 until 2027 or 2028 because of uncertainty
Intel has limited customer commitments for latest chip manufacturing tech, CFO says
(Reuters) -The volume of processors Intel is set to produce for external customers using its upcoming manufacturing technology is currently “not significant”, finance chief David
Fidelity website outage blocks users from trading rally
By Suzanne McGee (Reuters) -Fidelity trading platforms experienced outages just as U.S. stock markets opened for trading on Monday morning, leaving many users of its