Johnson & Johnson To Pay $700M To Settle Multi-State Talc Investigation
Although the settlement has been reached, Johnson & Johnson still faces a substantial number of talc-related lawsuits.
Craig Federighi Says Tim Cook-Led Company Is Trying To ‘Find A Way’ To Bring Apple Intelligence To iPhones In China As Rivals Team Up With Baidu
Apple's Craig Federighi hints at plans to bring AI capabilities to China despite strict regulations, but stopped short of detailing these plans.
Boeing Sets Up New Aerospace Tech Hub At Florida
Boeing is set to launch a new engineering facility at Embry-Riddle Aeronautical University in Daytona Beach, targeting innovation in military aviation. The hub will create 200 engineering jobs, focusing on design and development in aerospace, with facilities spanning 65,000 square feet including a significant hangar space.
BTS’s Jin Wraps Up Mandatory Military Service: US ETFs That Let You Invest In Hybe Are Soaring
Kim Seok-jin, professionally known as Jin, the eldest member of the South Korean pop band BTS, has completed…
First Golf, Now Boxing? Saudi Arabia’s Public Investment Fund (PIF) In Talks To Launch Boxing League Worth $4B-$5B: Report
Saudi Arabia's PIF is discussing with boxing promoters to create a new league, adding to its growing investments in sports under Vision 2030 program.
Chinese Retailer Temu Gains Edge Over eBay In US Market
Surpassing eBay, Chinese e-commerce giant Temu, part of PDD Holdings (NASDAQ
), now attracts more repeat U.S. shoppers, with 34% shopping monthly compared to eBay's 29%. Temu's aggressive marketing strategies, including Super Bowl ads, have significantly boosted its U.S. market presence.
Eli Lilly’s Donanemab Gains Favorable FDA Advisory Verdict, Boosting Stock Potential, Says BofA Analyst
Eli Lilly's donanemab for Alzheimer's disease garners positive FDA committee verdict, prompting analyst's bullish outlook amid comparisons to Biogen's Leqembi.
Why Boeing Company Shares Are Falling Today
Boeing shares fall as slower production pace and reduced deliveries, notably of MAX jets, contribute to investor concerns.
Nordic Brokerages Enable Voting At Tesla’s AGM For The First Time
Nordic brokerages like Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, in response to high demand and Elon Musk's proactive stance on shareholder involvement. This year's AGM is particularly significant as it could determine the future of Musk's leadership amidst debates over his compensation and shareholder rights.
Take-Two Interactive Offers A Scaled Portfolio Of Mobile Games, Says Analyst
J.P. Morgan maintains an Overweight rating on Take-Two Interactive with a $200 target, citing positive trends in mobile gaming, particularly for Zynga. Management expresses confidence in mobile market growth and stability into 2024, highlighting consumer readiness to invest in new games.