Sarepta says adverse event report for DMD gene therapy erroneously submitted
Sarepta Therapeutics Inc said on Thursday it was informed that an adverse event report was erroneously submitted to the U.S. health regulator regarding an ongoing study of the company’s gene therapy for Duchenne muscular dystrophy (DMD).
Tesla owner lawsuit claims software update fraudulently cut battery capacity
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries.
Uniqlo to close a Seoul store on anti-Japan boycotts: report
Japanese casual clothing chain Uniqlo plans to close a store in central Seoul, hurt by South Korean consumer boycotts amid a mounting dispute between the two countries, the Yomiuri newspaper reported on Friday.
Smart home tech makes inroads into China’s emerging elderly care market
Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged care by a private sector firm in China.
Tesla hit by lawsuit claiming thousands of owners lost battery capacity after software update
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries.
Pork producers win dismissal of price-fixing lawsuits – U.S. judge
A federal judge on Thursday dismissed antitrust lawsuits accusing several U.S. pork companies of conspiring to limit supply in the $20 billion-a-year market, in order to inflate prices and their own profits at the expense of consumers and other purchas…
SEC proposes rule changes to ease company disclosure compliance
The U.S. Securities and Exchange Commission on Thursday proposed changing the rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory filings in a bid to ease their compliance burden.
S&P 500 posts biggest daily gain in two months as rebound continues
The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.
Uber loses $5 billion, misses Wall Street targets despite easing price war
Uber Technologies Inc reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%.
Pork producers win dismissal of price-fixing lawsuits in U.S.
A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers.
