Engie Raises Outlook on Strength of Global Energy Management and Sales
Engie increased its 2023 earnings guidance on Friday due to the strength of its global energy management and sales business.
SVB Depositors Who Lost Their Money Win Court Victory
Silicon Valley Bank’s customers in the Cayman Islands weren’t covered by a U.S. deposit guarantee program.
Microsoft-Activision Hearing Wraps Up as FTC Tries to Stop Deal
The hearing in San Francisco could decide the fate of one of tech’s largest-ever acquisitions.
Starboard Builds Stake in Algonquin Power
The activist investor pushes for the sale of the power company’s renewable-energy unit.
Xpeng Shares Rise Sharply Amid Launch of Lower-Priced G6 Model
Electric vehicle company XPeng Inc.’s Hong Kong-listed shares were sharply higher, after the company announced the launch of its new G6 sport-utility vehicle.
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting
The sneaker giant said that product markdowns as well as higher costs for product input, freight and logistics weighed on its profits in the most recent quarter.
New $2.9 Million Gene Therapy Promises to Remake Hemophilia Treatment
BioMarin’s gene therapy is the first to win Food and Drug Administration approval for adults with the most common form of the bleeding disorder.
New Gene Therapy Could Face Uphill Battle Despite FDA Approval
The FDA approval of BioMarin’s gene therapy for hemophilia is a major win, but patient uptake could be slow.
Niantic Is Laying Off 230 Employees, Shutting Down Some Games
The ‘Pokémon Go’ creator is a pioneer in augmented-reality videogaming.
Transgender Influencer Dylan Mulvaney Criticizes Bud Light Over Lack of Support
Mulvaney says she faced “more bullying and transphobia than I could have ever imagined” after promoting the beer.
Source: Dow Jones Newswires