AMERS:

Samsung unveils new foldable smartphones, seeking to keep leading in the growing market

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SEOUL, Aug 10 (Reuters) – Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in …

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US FDA says possible carcinogen found in some Merck diabetes drugs

Signage is seen at the Merck & Co. headquarters in Kenilworth, New Jersey, US, November 13, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register: Aug 9 (Reuters) – The US Food and Drug Administration said on Tuesday certain samples of sitagliptin, a compound in Merck’s (MRK.N) diabetes drugs Januvia and …

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register: Aug 10 (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in …

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Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register: Aug 10 (Reuters) – Tesla Inc ( TSLA.O ) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the …

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Congressman Perry says FBI agents have seized his cell phone

US Representative Scott Perry (R-PA) speaks at the Conservative Political Action Conference (CPAC) in Dallas, Texas, US, August 5, 2022. REUTERS/Brian Snyder Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 9 (Reuters) – Republican Congressman Scott Perry of Pennsylvania said on Tuesday that FBI agents had seized his cell phone, in yet …

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Coinbase posts loss as crypto market turmoil hits trading volumes

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss on Tuesday as investors worried by this year’s rout in risky assets …

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Dreaded ‘down rounds’ shave billions off startup valuations

Aug 9 (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations. Easy money from venture capital dealmaking is fast evaporating in an inflation-induced high interest-rate environment …

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China’s Luckin plans store expansion, remains committed to the US market

Women leave a store of the Chinese coffee house chain Luckin Coffee in Beijing, China, July 8, 2020. Picture taken July 8, 2020. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com register HONG KONG/BEIJING, Aug 9 (Reuters) – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, …

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Explainer: When will Americans feel the Inflation Reduction Act’s impact?

A general view of the US Capitol after United States Vice President Kamala Harris, voted on the Senate floor to break the 50-50 tie to proceed to the Inflation Reduction Act on Capitol Hill in Washington, DC, US August 6, 2022. REUTERS/ Ken Cedeno Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug …

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