WASHINGTON: The Trump administration will make it more difficult to export artificial intelligence software as of next week, part of a bid to keep sensitive technologies out of the hands of rival powers like China. Under a new rule that goes into effect on Monday, companies that export certain...
Novartis AG , Merck & Co Inc and Allergan Plc were among companies that raised U.S. prices on more than 100 prescription medicines on Friday, bringing the tally to 445 drugs that will cost more in 2020, according to data analyzed by healthcare research firm 3 Axis Advisors.
U.S. automakers on Friday reported another quarter of stable sales of pick-up trucks, fueled by holiday season discounts and lower interest rates on vehicle loans, even as demand for passenger cars fell further.
Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process, which it alleges is biased toward regulators.
The U.S. manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an 11-year low and factory employment falling for a fifth straight month, according to an industry report released on Friday.
1/OIL BACK ON THE BOIL
Fiat Chrysler Automobiles NV reported a 2per cent fall in U.S. auto sales in the fourth quarter, hurt by lower sales of its Jeep sport utility vehicles and Dodge crossover SUVs and minivans.
U.S. stock index futures shed over 1per cent on Friday after a U.S. air strike in Iraq killed a top Iranian commander, sharply escalating geopolitical tensions in the Middle East and denting risk appetite.
Exxon Mobil Corp expects a gain of US$3.4 billion to US$3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory filing on Friday.
Tesla Inc beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday and met the low-end of its full-year delivery goal, boosted by higher demand for its mass-produced Model 3 sedans.
