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Tag: U.S.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes

Elon Musk says his AI firm xAI is not raising funds ‘right now’

Elon Musk said his company xAI was not raising funds “right now” after the startup filed with the U.S. securities regulator to raise up to $1 billion in an equity offering.

Read More Elon Musk says his AI firm xAI is not raising funds ‘right now’
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike Segar/File Photo

Eli Lilly’s obesity drug now available in U.S. pharmacies

Eli Lilly said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies.

Read More Eli Lilly’s obesity drug now available in U.S. pharmacies
The US Internal Revenue Service (IRS) building is seen on the first work day for furloughed federal workers following a 35-day partial government shutdown in Washington, DC, January 28, 2019. - The five-week government shutdown subtracted $11 billion from the US economy, about twice the amount President Donald Trump sought to fund a border wall, an independent congressional body said Monday. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP via Getty Images)

Swiss Bank To Pay $122.9M After Helping American Clients Hide Billions In Assets

A private Swiss bank has been ordered to pay $122.9 million in back taxes and penalties after admitting to helping their clients hide assets from the Internal Revenue Service (IRS) between 2008 and 2014. 

Read More Swiss Bank To Pay $122.9M After Helping American Clients Hide Billions In Assets
Hawaiian Airlines airplanes sit idle on the runway at the Daniel K. Inouye International Airport in Honolulu, Hawaii, U.S. April 28, 2020. Picture taken April 28, 2020. REUTERS/Marco Garcia/File Photo

Hawaiian Airlines’ parent surges on $1.9 bln buyout deal with Alaska Air

Shares of Hawaiian Holdings nearly tripled on Monday after Alaska Air Group agreed to acquire it for $1.9 billion, including debt.

Read More Hawaiian Airlines’ parent surges on $1.9 bln buyout deal with Alaska Air
FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/

Tech giants lead surge in global mega-caps as inflation eases

Market capitalizations of global mega-cap companies surged, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts amid diminishing worries about inflation.

Read More Tech giants lead surge in global mega-caps as inflation eases
US journalist Evan Gershkovich, arrested on espionage charges, stands inside a defendants' cage before a hearing to consider an appeal on his extended pre-trial detention at the Moscow City Court in Moscow on September 19, 2023. Gershkovich was detained in March during a reporting trip to the Urals and accused of spying -- charges that he, the US government and his employer, the Wall Street Journal, vehemently deny. In August his pre-trial detention was extended by three months. (Photo by NATALIA KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)

Russian Court Extends Detention Of Wall Street Journal Reporter Evan Gershkovich

A Russian court has extended the detention of Wall Street Journal reporter Evan Gershkovich. 

Read More Russian Court Extends Detention Of Wall Street Journal Reporter Evan Gershkovich

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