By Tim Reid MILWAUKEE (Reuters) – For four nights at Donald Trump’s nominating convention in Milwaukee, a roster of speakers attempted to give one of the most divisive politicians in recent U.S. history a makeover, describing him as a loving and caring family man whose near-assassination at a rally on Saturday had changed him. Early…
By Patrick Wingrove (Reuters) – AbbVie’s top-selling arthritis drug Humira has held onto more than 80% of patients after facing nine lower-priced rivals in the U.S. in the last year, raising questions about whether the market for prescription biosimilars can survive in its current form, drug pricing experts and analysts say. Humira, which lists for…
By Aditya Soni (Reuters) – Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure? Widely seen as the front-runner in the race to make money from AI,…
By Parisa Hafezi DUBAI (Reuters) – Iran’s Supreme Leader led prayers in Tehran on Wednesday at the funeral of the late President Ebrahim Raisi, as the clerical establishment hurried to organise an early election that could further erode its legitimacy amid growing public discontent. The June 28 vote to replace Raisi, killed in a helicopter…
(Reuters) – Volvo will postpone the U.S. deliveries of its EX30 electric car as it shifts production of the compact SUV out of China in the wake of tariff hikes, Bloomberg News reported on Wednesday. The EX30’s shipments to the United States were due this fall, but the automaker won’t deliver the cars until 2025…
By Joey Roulette WASHINGTON (Reuters) -A defunct Russian satellite has broken up into more than 100 pieces of debris in orbit, forcing astronauts on the International Space Station to take shelter for about an hour and adding to the mass of space junk already in orbit, U.S. space agencies said. There were no immediate details…
By Shariq Khan and Seher Dareen NEW YORK (Reuters) – U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep up with forecasts of record air travel this summer. U.S. refiners’ net production of jet fuel hit about 1.9 million barrels per…
(Reuters) – Meta Platforms will discontinue its work-focused Workplace app as the company shifts its focus on building artificial intelligence and metaverse technologies, the Facebook parent said on Tuesday. Workplace will be shuttered starting June 2026 for customers but Meta will continue to use it as its internal messaging board, the company said, adding users…
By Nidal al-Mughrabi CAIRO (Reuters) – With a renewed ceasefire push in the eight-month-old Gaza war stalled, Israel bombarded central and southern areas again on Friday, killing at least 28 Palestinians, and tank forces advanced to the western edges of Rafah. U.S.-backed Qatari and Egyptian mediators have tried again this week to reconcile clashing demands…
By Zaheer Kachwala (Reuters) – Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker’s stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street’s biggest players. Last trading at $1,128, Nvidia’s market capitalization reached $2.8 trillion, compared to a market value…
