(This version of December 21’s story refiles to add dropped words ‘for couples’ in paragraph 8.) By Paresh Dave, Heather Somerville and Jeffrey Dastin SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Inc (AAPL.O) and Alphabet Inc...
NEW YORK/LONDON (Reuters) - Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble. After falling to as low as $11,159, it recouped some losses...
(Reuters) - A U.S. judge on Friday overturned a $150 million verdict against AbbVie Inc that was first to result from lawsuits claiming that the company fraudulently misrepresented the risks of its testosterone replacement drug AndroGel. U.S. District Judge Matthew Kennelly in Chicago ruled that the...
NEW YORK (Reuters) - Wall Street’s major indexes dipped on Friday in low trading volume before the holiday weekend as several blue-chip stocks slipped, including Nike. Nike Inc (NKE.N) shares fell 2.3 percent after the company forecast muted growth in current-quarter revenue, reflecting its struggles in the North...
(Reuters Health) - Light massage can reduce pain, anxiety and the need for opioid medication in terminally ill patients, a Swedish study suggests. “All end-of-life patients experience existential pain or existential suffering,” coauthor Linda Bjorkhem-Bergman told Reuters Health. “This pain is difficult to treat pharmacologically and complementary...
NEW YORK/LONDON (Reuters) - Bitcoin plunged by a quarter to below $12,000 on Friday as investors dumped the cryptocurrency in manic trading after its blistering ascent to a peak close to $20,000 prompted warnings by experts of a bubble. It capped a brutal week that had been touted...
FRANKFURT (Reuters) - German carmaker Daimler (DAIGn.DE) said on Friday the U.S. tax reform would result in an income tax benefit of around 1.7 billion euros ($2.01 billion) in its 2017 results. Other issues not connected to the U.S. tax reform will lead to higher taxes, however, which...
BRASILIA (Reuters) - Brazilian President Michel Temer said on Friday that he opposed Boeing Co (BA.N) taking control of Embraer SA (EMBR3.SA), although he would welcome an injection of foreign capital into the regional planemaker. Temer told a news conference he would study any decision the companies...
PARIS (Reuters) - Phoebe Philo, artistic director of LVMH’s (LVMH.PA) Celine label will leave the high-end ready-to-wear brand in January, the company said on Friday. “Working for Celine has been an amazing experience for me over the past ten years,” Philo said in a statement. The British designer...
NEW YORK (Reuters) - Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants. A Reuters analysis of 17 stocks of companies that...