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(Reuters) – Instagram will test features that blur messages containing nudity to safeguard teens and prevent potential scammers from reaching them, its parent Meta said on Thursday as it tries to allay concerns over harmful content on its apps. The tech giant is under mounting pressure in the United States and Europe over allegations that …

Meta to blur Instagram messages containing nudity in latest move for teen safety Read More »

By Eva Mathews (Reuters) -Drugmaker AstraZeneca plans to raise its annual dividend by 7% for 2024, it said on Thursday, ahead of a shareholder vote on a hefty boost to its Chief Executive’s pay package. The No.2 London-listed company by market value said it will pay a dividend of $3.10 per share this year, taking …

AstraZeneca announces dividend hike ahead of CEO pay vote Read More »

(Reuters) – The U.S. Justice Department said on Wednesday it had filed a false claims act complaint against Regeneron Pharmaceuticals, claiming the company filed false average sales price reports. The complaint, filed under the U.S. False Claims Act, accuses the New-York based company of failing to report price concessions on its drug Eylea, which is …

US Justice department files complaint against Regeneron, alleges fraudulent drug pricing Read More »

(Reuters) – The U.S. Securities and Exchange Commission has notified of potential enforcement action against Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, the company said in a blog post on Wednesday. The reason for the SEC’s warning against Uniswap was not immediately clear from the blog post, but can …

SEC warns Uniswap Labs of potential enforcement action Read More »

By David Shepardson WASHINGTON (Reuters) – The U.S. National Transportation Safety Board (NTSB) said on Wednesday it was opening an investigation into a March 3 fatal crash between a Ford Mustang Mach-E and two stationary cars on the I-95 interstate highway in Philadelphia. In March, the NTSB said it was investigating the use of an …

US NTSB probes fatal Ford Mach-E crash in Philadelphia Read More »

(Reuters) -Vertex Pharmaceuticals will buy Alpine Immune Sciences for about $4.9 billion in cash, gaining access to the biotech firm’s protein-based immunotherapies to treat autoimmune and inflammatory diseases, the companies said on Wednesday. The deal values each share of Alpine at $65, which represents a premium of about 67% to the stock’s close on Tuesday, …

Vertex Pharma boosts immunotherapy business in $4.9 billion Alpine Immune deal Read More »

(Reuters) – Ford will recall 42,652 Bronco Sport and Escape vehicles in the United States due to cracked fuel injectors that may leak and cause a fire, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. Ford will update the engine control software to include fuel injector leak detection and install a drain tube, …

Ford to recall over 40,000 vehicles in US, NHTSA says Read More »

By Stephen Culp NEW YORK (Reuters) -U.S. stocks tumbled to a lower close on Wednesday after hotter-than-expected inflation data threw cold water on hopes that the Federal Reserve would begin cutting interest rates as early as June. All three major U.S. stock indexes veered sharply lower at the opening bell after the Labor Department’s Consumer …

Wall St ends sharply lower as sticky inflation dims rate cut hopes Read More »