By Hannah Lang (Reuters) -Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks…
Category: Business
US issues exemption for self-driving Zoox vehicles, closes probe
By David Shepardson (Reuters) -The National Highway Traffic Safety Administration said Wednesday it has certified Amazon.com’s self-driving unit Zoox vehicles…
Novartis weighs deal for biotech Avidity Biosciences, FT reports
(Reuters) -Swiss drugmaker Novartis has approached U.S. biotech Avidity Biosciences for a potential takeover offer, the Financial Times reported on…
GM signs rare earth magnet deal with Noveon Magnetics
(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use…
NYT sees strong subscription revenue growth from bundling news and lifestyle content
(Reuters) -The New York Times forecast third-quarter subscription revenue growth above Wall Street estimates on Wednesday, betting on its plan…
Novavax raises annual revenue forecast on vaccine supply partnerships
(Reuters) -Novavax raised its full-year adjusted revenue forecast on Wednesday, banking on higher sales tied to its vaccine supply partnerships,…
Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand
(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to…
Swiss cheesemakers fear for US sales if hit by tariffs
By Manuel Ausloos Yverdon-Les-Bains, Switzerland (Reuters) -Swiss cheese producers are bracing for a steep drop in U.S. sales after President…
OpenAI releases open-weight reasoning models optimized for running on laptops
By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models…
Stone secures IBD financing to offer credit to businesses in the Amazon
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian payments company Stone said on Monday it has secured 295 million reais ($53.4…
