Two groups affiliated with the World Health Organization or WHO announced on Friday that aspartame, a widely used sweetener, is a “possible carcinogen.” However, they emphasized that it remains safe to consume at the agreed-upon levels. The rulings come from two separate expert panels—one assessing potential hazards and the other […]

Amidst positive sentiment triggered by the easing in inflation in the U.S., markets now await updates to earnings from the corporate sector. Cryptocurrencies gained remarkably. European benchmarks are trading mostly higher, helped by the decline in wholesale prices in Germany. Wall Street Futures are trading with mild losses. Asian stocks […]

Shares of LM Ericsson were losing around 8 percent in the morning trading in Sweden as well as around 9 percent in pre-market activity on Nasdaq after the networking and telecom major reported Friday a loss in its second quarter, compared to prior year’s profit, on restructuring charges and weak […]

The rise in consumer price index (CPI) inflation could see the Reserve Bank of India (RBI) in an extended pause mode as regards interest rates, and in turn, keep the market rally in check, believe analysts. Signs of inflation cooling off in the US, however, is likely to provide some […]

The UK economy shrunk less than expected in May despite an extra bank holiday and strikes, reducing the scope for a contraction in the second quarter. Real gross domestic product decreased 0.1 percent on a monthly basis, reversing April’s 0.2 percent growth, the Office for National Statistics reported Thursday. However, […]

EXCLUSIVE: There is no deal in sight for the writers and actors with the studios and streamers, but one of Hollywood’s consummate dealmakers was on the picket line today in New York City Bryan Lourd was outside 30 Rockefeller Center Wednesday along with SAG-AFTRA chief negotiator Duncan Crabtree-Ireland, former Fox […]

Netflix acknowledged the punishing landscape that is streaming today but — even as some now question the entire model — insisted it’s a good business if you’ve got “strong execution and focus” and it does. “Consumers have so many amazing entertainment choices,” it said, calling out its largest rivals Disney, […]

“History is littered with those who are benevolent to some and cruel to others,” the prosecutor in the Kevin Spacey trial concluded with today. Meanwhile, the four indecent assault charges on the indictment, which were alternative counts, were struck off by the judge, which was due to a “legal technicality” […]

In one of the largest shareholder settlements of its kind, Tesla (TSLA) directors have agreed to return $735 million to the company to resolve claims of grossly overpaid compensation. The settlement comes as a result of a 2020 lawsuit filed by a retirement fund holding Tesla stock, challenging stock options […]

The U.S. Food and Drug Administration (FDA) issues safety alerts as needed to provide timely new safety information on human drugs, medical devices, vaccines, and other products, including biologics, dietary supplements, and cosmetics. The alerts are publicly available at the agency’s MedWatch website and contain “actionable information that may impact […]