(Reuters) - Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes,…
NEW YORK (Reuters) - A sell-off in Treasuries continued overnight before paring losses, with long-term yields pushed to highs unseen since the global financial crisis. A growing sense that interest rates in major economies will stay higher for longer to…
By Max A. Cherney (Reuters) - Google on Wednesday announced plans to add generative artificial intelligence (AI) capabilities to its virtual assistant, and a company executive told Reuters the AI would allow the assistant to do things like help people…
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried's trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in financial crimes and political corruption cases, a veteran judge, and former friends and colleagues set to testify against…
(Reuters) -Eli Lilly and Co on Wednesday appointed a new chief for its diabetes and obesity unit in a string of leadership changes ahead of a key regulatory decision on the use of its potential blockbuster drug Mounjaro as a…
By Maytaal Angel LONDON (Reuters) - A Seattle-based startup backed by some of the investors behind Beyond Meat is launching the world's first beanless coffee this week as it bids to slash the environmental impact of the popular brew. The…
By Mike Dolan LONDON (Reuters) -Thirteen months is often too distant an horizon for financial markets to focus on, but uncertainties surrounding 2024's U.S. Presidential election are becoming difficult to screen out. A split Congress is at loggerheads again over…
By Yoruk Bahceli, Karin Strohecker and Dhara Ranasinghe LONDON (Reuters) - The world's biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the U.S. Treasury market,…
By Katie Paul NEW YORK (Reuters) - Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday.…
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares fell on Tuesday, crushed by a fresh surge in Treasury yields after U.S. job openings rose more than expected in August, in another sign of a resilient economy that…
