Business

May 23 (Reuters) – Netflix Inc (NFLX.O) on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households.The streaming video pioneer has been looking for new ways to make money as it faces signs… […]

COPENHAGEN, May 22 (Reuters) – Novo Nordisk (NOVOb.CO) and Pfizer Inc (PFE.N) separately released data on Monday showing that pills from the same class as Novo’s increasingly popular weight loss drugs such as Wegovy are about as effective as those injected medicines, giving shares of both companies a boost.Novo Nordisk said data from a late-stage… […]

NEW YORK, May 22 (Reuters) – Lillian Smith has spent about eight of the last 12 months traveling around the world, hitting France, Morocco, Japan and South Korea. Her cost for lodgings in that time? About one night in a hotel, along with the time she spent walking dogs, watering plants and changing litter boxes.”I… […]

May 22 (Reuters) – Ford Motor Co (F.N) on Monday unveiled an ambitious strategy to profitably ramp up electric vehicle sales but faces a challenge to slash $7 billion in costs and regain credibility on Wall Street.”You’re not going to believe us until we start delivering it,” Ford Chief Financial Officer John Lawler said at… […]

OSLO, May 22 (Reuters) – Volvo Group (VOLVb.ST) said on Monday its unit Volvo Trucks plans to sell 1,000 electric trucks to Swiss building solutions provider Holcim (HOLN.S) for delivery over the next seven years, the biggest order ever for Volvo electric trucks.”The deal is the largest commercial order to date for Volvo electric trucks,”… […]

GENEVA, May 22 (Reuters) – The head of the World Health Organization urged countries on Monday to carry out reforms needed to prepare for the next pandemic, hailing their “historic” decision to accept a major budget hike at the U.N. agency’s annual assembly.Speaking at the assembly weeks after ending the global emergency status for the… […]

May 21 (Reuters) – Warner Bros Discovery (WBD.O) Chief Executive David Zaslav was booed by students after taking the stage at Boston University to accept his honorary degree and give the 2023 commencement speech, amid an ongoing strike by film and television writers over pay, videos that surfaced on social media show.The Hollywood Reporter first… […]

May 21 (Reuters) – Minneapolis Fed President Neel Kashkari said that he could support holding interest rates steady at the central bank’s next meeting in June to give officials more time to assess the effects of past rate increases and the inflation outlook, the Wall Street Journal said on Sunday.”I’m open to the idea that… […]

May 21 (Reuters) – The absence of women from the slate of potential Morgan Stanley (MS.N) CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say.Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James Gorman, who said on… […]

Bird flu has killed hundreds of million of birds, mammalsWOAH chief says vaccinating birds could help control virusCountries have shown reluctance to adopt bird vaccinationVaccination should focus on free-range birds – WOAH chiefPARIS, May 21 (Reuters) – Governments should consider vaccinating poultry against bird flu, which has killed hundreds of millions of birds and infected… […]