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GE HealthCare in talks over possible $1 billion deal for Sofie Biosciences, FT reports
1+ hour, 2+ min ago (160+ words) Sept 13 (Reuters) – GE HealthCare Technologies is in talks over a possible $1 billion deal to buy radiopharmaceutical developer Sofie Biosciences, the Financial Times reported on Sunday citing people familiar with the matter. • A deal for Sofie, which specializes in radioactive chemicals…...
OpenAI’s Altman won’t do IPO this year, calls AI extinction risk ‘unacceptable’ | The Mighty 790 KFGO | KFGO
3+ hour, 57+ min ago (518+ words) LOS ANGELES, Sept 12 (Reuters) – OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s…...
AstraZeneca’s breast cancer pill fails in late-stage trial
2+ day, 4+ hour ago (301+ words) Sept 11 (Reuters) – AstraZeneca’s breast cancer pill failed to meet the main goal of improving progression-free survival in a late-stage trial, the company said on Friday, a week after the treatment received U.S. approval. U.S.-listed shares of AstraZeneca…...
Australia’s Optus apologises for outage that disrupted emergency calls
1+ day, 22+ hour ago (256+ words) (Corrects grammar and use of partial quote in paragraph 2) SYDNEY, Sept 12 (Reuters) – Optus, Australia’s No. 2 telecom carrier, on Saturday apologised a day after an outage on its network impacted users across three states and disrupted some emergency services calls. The…...
Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge
2+ day, 10+ hour ago (444+ words) By Yantoultra Ngui and Samuel Shen HONG KONG/SHANGHAI, Sept 11 (Reuters) – Chinese artificial intelligence chipmaker Shanghai Enflame Technology surged about 200% in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering. The…...
Global bonds fall as surging oil prices inflame inflation risks
2+ day, 11+ hour ago (526+ words) (Refiles to remove extraneous word from headline) SYDNEY, Sept 11 (Reuters) – Global bond yields spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central…...
Europe drives global EV sales growth in August, offsetting China, North America weakness
2+ day, 12+ hour ago (187+ words) Sept 11 (Reuters) – Global demand for electric vehicles rose for a sixth consecutive month in August, with Europe leading the growth, data from UK-based research firm Benchmark Mineral Intelligence showed on Friday. Sales of battery-electric and plug-in hybrid vehicles show growing…...
LIV Golf wins interim court approval to access $14 million in bankruptcy financing
2+ day, 12+ hour ago (87+ words) The Mighty 790 KFGO LIV Golf wins interim court approval to access $14 million in bankruptcy financing Sept 10 (Reuters) – LIV Golf said on Thursday that a U.S. bankruptcy court granted interim approval of its first-day Chapter 11 motions, allowing the professional men’s golf…...
Analysis-Apple’s foldable iPhone poses a $1,999 question: Who is it for?
2+ day, 12+ hour ago (701+ words) By Kenrick Cai and Stephen Nellis CUPERTINO, California, Sept 10 (Reuters) – Apple’s new foldable iPhone launched on Wednesday with impressive features and a premium price tag, starting at $1,999 in the U.S. market. But some observers in the packed room at…...
Barington Capital takes Bath & Body Works stake, pushes for sale, Bloomberg reports
2+ day, 15+ hour ago (361+ words) Sept 10 (Reuters) – Activist investment firm Barington Capital Group has taken a new stake in Bath & Body Works and is pushing the personal care brand to explore a sale, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares…...