Lilly demands doctors stop selling copycat weight-loss drugs
By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days…
Author: Trading Reports Daily
US FTC finalizes ban on fake online reviews
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission on Wednesday finalized a ban on companies knowingly buying or…
Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during…
UK pay growth drops to lowest in nearly 2 years, joblessness falls
By David Milliken LONDON (Reuters) -British pay growth dropped to its lowest in nearly two years in the second quarter,…
Paramount Global begins planned layoffs with 15% job cuts in US
(Reuters) – Paramount Global will begin laying off 15% of its workforce in the United States starting Tuesday as part…
Lockheed Martin, General Dynamics to build their own rocket motors
(Reuters) -Lockheed Martin said on Tuesday it had signed an agreement with peer General Dynamics to build solid rocket motors,…
Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
By Granth Vanaik and Aishwarya Venugopal (Reuters) -Starbucks on Tuesday named Chipotle Mexican Grill head Brian Niccol as its new…
Investment funds pour into Australian banks; caution on miners
By Aaditya GovindRao (Reuters) – Australian financial stocks are ruling the roost on the traditionally miners-led local main index, fueled…
Starbucks, Elliott in talks over a settlement, CNBC reports
(Reuters) -Starbucks and activist investor Elliott Management are talking about a settlement, CNBC reported on Monday, citing sources. Elliott had…
Tire maker Goodyear to invest C$575 million to upgrade Canada plant
OTTAWA (Reuters) -The Canadian unit of Goodyear Tire & Rubber Co will invest over C$575 million ($418.4 million) to upgrade…