OPEC+ to weigh rollover or small cut at Monday meeting, sources say

OPEC+ to weigh rollover or small cut at Monday meeting, sources say

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, August 21, 2015. REUTERS/Heinz-Peter Bader/File Photo Register now for FREE unlimited access to Reuters.com Register OPEC+ meets to set policy on Monday Iran nuclear deal may boost oil supply Russia further cuts gas to Europe Brent … Read more

U.S. asks judge to block book publisher merger as trial closes

U.S. asks judge to block book publisher merger as trial closes

The crest of the United States Department of Justice (DOJ) is seen at their headquarters in Washington, D.C., U.S. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 19 (Reuters) – The U.S. Justice Department on Friday urged a U.S. judge to block a $2.2 billion merger of two of the … Read more

Philips parts ways with CEO in midst of massive recall

Philips parts ways with CEO in midst of massive recall

Van Houten to leave after almost 12 years at helm To be replaced on Oct. 15 by Connected Care head Jakobs Shares up 2%, but down more than 50% since product recall AMSTERDAM, Aug 16 (Reuters) – Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health technology firm … Read more

Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Amazon’s connected device cart grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its cart of smart home devices. Amazon will pay $61 per share, valuing the Roomba-maker at a … Read more

Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger

Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block a $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King. “It’s real money for real … Read more

CVS siphoned millions from ‘safety net’ hospitals – New York lawsuit

CVS siphoned millions from ‘safety net’ hospitals – New York lawsuit

NEW YORK, July 28 (Reuters) – New York on Thursday sued CVS Health Corp (CVS.N) for allegedly forcing hospitals that serve low-income patients to pay millions of dollars to access discounted prescription drugs, violating state antitrust law. In a lawsuit filed in state court in Manhattan, New York Attorney General Letitia James said CVS group … Read more

Indexes drop after Walmart profit warning; Nasdaq down 2%

Indexes drop after Walmart profit warning; Nasdaq down 2%

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Walmart cuts profit forecast; news hits retailers McDonald’s up as sales, profit top estimates Coca-Cola up on forecast raise Indexes down: Dow 0.8%, S&P … Read more

Amazon strikes $3.5 bln deal for One Medical in long march into U.S. healthcare

Amazon strikes .5 bln deal for One Medical in long march into U.S. healthcare

July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time. The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S. healthcare, seeking … Read more

State abortion bans prevent women from getting essential medication

State abortion bans prevent women from getting essential medication

July 14 (Reuters) – Annie England Noblin, a 40-year-old resident of rural Missouri, had never had a problem filling her monthly prescription for methotrexate until this week. On Monday, Noblin’s pharmacist said she could not give her the drug until she had confirmed with Noblin’s doctor that the medication would not be used to induce … Read more

Sanctions-hit Kremlin stages ‘Russian Davos’ bereft of elite, Putin speaks Friday

Sanctions-hit Kremlin stages ‘Russian Davos’ bereft of elite, Putin speaks Friday

International economic forum June 15-18 in St Petersburg No Western bigwigs at ‘Russian Davos’ due to sanctions Putin to give big speech June 17, speak to media – aide June 14 (Reuters) – Russia for years hosted world leaders and business titans at its annual economic forum in St Petersburg, but the “Russian Davos” will … Read more