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SoftBank CEO hosts 'pre-IPO summit' in New York as he courts investors

Technology News (Reuters) - Wed, 03/04/2020 - 02:08
SoftBank Group Corp Chief Executive Masayoshi Son held his first "pre-IPO summit" for the Japanese conglomerate's portfolio companies on Tuesday, introducing them to Wall Street investors who could be backing their stock market debuts.
Categories: Technology

No square to spare in Australia as stores cap toilet paper 'panic buying' over coronavirus

Health News (Reuters) - Wed, 03/04/2020 - 02:07
Australia's biggest grocery chain Woolworths Group Ltd and the local arm of Costco Wholesale Corp put limits on purchases of toilet paper amid "panic buying" by shoppers concerned the coronavirus would hurt availability.
Categories: Health

GM to tout its electric vehicles to investors swooning over Tesla

Technology News (Reuters) - Wed, 03/04/2020 - 02:06
General Motors Co executives on Wednesday will tackle one of their toughest tasks: Persuading investors that a Detroit automaker can catch up with Elon Musk and Tesla Inc as vehicles go electric.
Categories: Technology

Super Tuesday voting so far free of cyber meddling, U.S. officials say

Technology News (Reuters) - Wed, 03/04/2020 - 01:49
The Super Tuesday primary elections were so far free of any signs of interference, said national security professionals who gathered in Northern Virginia in an unprecedented monitoring effort to counter cyberattacks and foreign disinformation.
Categories: Technology

Facebook to revamp its digital currency plans: The Information

Technology News (Reuters) - Wed, 03/04/2020 - 01:41
Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
Categories: Technology

UK government says 12 new positive tests for coronavirus, total now 35

Health News (Reuters) - Wed, 03/04/2020 - 01:37
British health authorities said on Sunday there had been 12 new cases of coronavirus in Britain, bringing the total to 35.
Categories: Health

Any U.S. citizen can be tested for coronavirus at doctor's orders under new guidance: Pence

Health News (Reuters) - Wed, 03/04/2020 - 01:20
Vice President Mike Pence said on Tuesday that U.S. public health authorities had issued new guidance to make clear that a doctor's order was all that would be needed for any American to be tested for the novel coronavirus.
Categories: Health

Hewlett Packard Enterprise cuts cash flow outlook on coronavirus impact, shares down

Technology News (Reuters) - Wed, 03/04/2020 - 01:00
Hewlett Packard Enterprise on Tuesday cut its free cash flow forecast for the year citing supply constraints due to the coronavirus outbreak, and reported a lower-than-expected quarterly revenue.
Categories: Technology

Mercury exposure tied to skin cancer risk

Health News (Reuters) - Wed, 03/04/2020 - 00:56
(Reuters Health) - Americans who eat a lot of mercury-containing seafood might be at increased risk for skin cancer, suggests a study based on national surveys.
Categories: Health

Ford bets more businesses want carbon-free delivery vans

Technology News (Reuters) - Wed, 03/04/2020 - 00:33
Ford Motor Co is putting more chips on a bet that it can profit from selling electric vans to delivery businesses that need to reduce carbon emissions.
Categories: Technology

Coronavirus more deadly than flu but containable: WHO's Tedros

Health News (Reuters) - Wed, 03/04/2020 - 00:16
About 3.4% of confirmed cases of COVID-19 have died, far above seasonal flu's fatality rate of under 1%, but the novel coronavirus can be contained, the World Health Organization (WHO) said on Tuesday.
Categories: Health

Coronavirus forces IMF, World Bank switch to virtual Spring Meetings

Health News (Reuters) - Tue, 03/03/2020 - 23:56
The International Monetary Fund and the World Bank, citing growing concerns about the fast-spreading coronavirus, on Tuesday said they will adopt a "virtual format" for their Spring Meetings instead of convening in person in Washington.
Categories: Health

Google cancels annual developer conference amid coronavirus concerns

Technology News (Reuters) - Tue, 03/03/2020 - 23:51
Alphabet Inc said on Tuesday it has canceled its annual developer event, Google I/O, amid concerns related to the coronavirus outbreak.
Categories: Technology

Lam Research unveils improved tool to make 3-D chips for phones, devices

Technology News (Reuters) - Tue, 03/03/2020 - 23:38
Lam Research Corp on Tuesday released its first major new tool in two decades for producing finer three-dimensional details on computer chips that must be shrunk down to fit into ever more complex phones and other electronic devices.
Categories: Technology

JPMorgan to test emergency coronavirus plans with some employees working from home: sources

Health News (Reuters) - Tue, 03/03/2020 - 23:36
JPMorgan Chase & Co is asking thousands of U.S. employees to spend a day working from home in the coming weeks to test its contingency plans should the coronavirus spread, sources familiar with the plan told Reuters.
Categories: Health

Sports doctors may accidentally prescribe banned steroids

Health News (Reuters) - Tue, 03/03/2020 - 23:28
(Reuters Health) - Sports physicians routinely prescribe corticosteroids to athletes for conditions like inflammation, asthma and allergies, but not all of them know which forms of these drugs are banned under anti-doping rules, a study suggests.
Categories: Health

U.S. sues Mallinckrodt, accuses drugmaker of defrauding Medicaid

Health News (Reuters) - Tue, 03/03/2020 - 23:17
The United States sued a unit of the drugmaker Mallinckrodt Plc on Tuesday, accusing it of defrauding Medicaid out of hundreds of millions of dollars as a result of "meteoric" price increases for its biggest-selling drug, Acthar Gel.
Categories: Health

J&J ordered to pay $1.7 million to three Australian women in pelvic mesh class action

Health News (Reuters) - Tue, 03/03/2020 - 23:15
An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation for misleading patients and surgeons about the risks of its pelvic mesh implants.
Categories: Health

Ford limiting company travel; two employees in China have coronavirus

Health News (Reuters) - Tue, 03/03/2020 - 23:11
Ford Motor Co told employees on Tuesday it is restricting all company travel to only essential operations through March 27 as it takes measures in response to the spread of the coronavirus.
Categories: Health

Ireland confirms second case of coronavirus

Health News (Reuters) - Tue, 03/03/2020 - 23:10
Irish authorities have confirmed a second case of coronavirus, a woman in the east of the country who recently traveled to Italy, Ireland's Department of Health announced on Tuesday.
Categories: Health
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