S&P 500, Dow up on earnings lift, Nasdaq off session low

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 18, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Check in UnitedHealth rises as fourth-quarter profit beats estimates BofA and Morgan Stanley wrap up bank profits on upbeat … Read more

Gilead says counterfeit HIV drugs ended up with patients

The logo of pharmaceutical company Gilead Sciences Inc is seen in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com Check in NEW YORK, Jan 18 (Reuters) – Gilead Sciences Inc (GILD.O) said an unauthorized network of drug distributors and suppliers sold more than $250 million worth … Read more

Dove soap maker Unilever signals pursuit of GSK consumer arm; shares fall

Unilever shares fall more than 8%, GSK gains Unilever says it would seek deal for GSK unit Says he is committed to ‘strict financial discipline’ Jan 17 (Reuters) – Unilever (ULVR.L) said on Monday it would seek a deal for GSK’s (GSK.L) consumer business, calling it a “strong strategic fit”, but Unilever shares fell more … Read more

U.S. grocery shortages deepen as pandemic dries supplies

Jan 14 (Reuters) – High demand for groceries combined with high freight costs and Omicron-related labor shortages are creating a new round of delays at processed food and fresh produce companies, leading to empty supermarket shelves at major US retailers. Producers of perishables across the West Coast are paying nearly triple pre-pandemic freight rates to … Read more