Pfizer going ‘all in’ on obesity drug development, CEO Bourla says
(Reuters) -U.S. drugmaker Pfizer is going “all in” to develop its experimental obesity drug and has been recruiting more experts…
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
(Reuters) -JPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los…
OpenAI urges US to prioritize AI funding, regulation to stay ahead of China
(Reuters) -OpenAI on Monday laid out its vision for artificial intelligence development in the U.S., saying the country needs outside…
Nvidia’s biggest customers delaying orders of latest AI racks, The Information reports
(Reuters) -Nvidia’s top customers are delaying orders of the AI chip leader’s latest ‘Blackwell’ racks due to overheating issues, the…
Meta to end diversity programs ahead of Trump inauguration
By Katie Paul (Reuters) – Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring,…
HPE secures $1 billion AI server deal for Elon Musk’s X, Bloomberg News reports
(Reuters) – Hewlett Packard Enterprise has struck a deal worth over $1 billion to provide Elon Musk’s social media platform…
Exclusive-Blackstone mulls $4 billion-plus sale of Liftoff, sources say
By Milana Vinn (Reuters) – Buyout firm Blackstone is weighing strategic options, including a sale, for Liftoff that could value…
Pfizer must face lawsuit over diversity fellowship program, US court rules
By Nate Raymond (Reuters) -A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity…
Liquidnet pays $5 million fine to settle US SEC charges over controls, confidentiality
NEW YORK (Reuters) – Liquidnet agreed to pay a $5 million civil fine to resolve U.S. Securities and Exchange Commission…
Exclusive-Biden administration to release clean fuel tax credit model that limits ethanol producers’ credit access, sources say
NEW YORK (Reuters) – The Biden administration is expected to release by next week a climate model for clean fuel…