Author: Reuters

(Reuters) – Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $1...

NEW YORK (Reuters) – Wall Street’s three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising...

NEW YORK (Reuters) – Wall Street’s three major indexes declined on Thursday with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond...

NEW YORK (Reuters) – Wall Street’s three major indexes declined on Thursday as tobacco stocks led a tumble in consumer staples and concerns about smartphone demand hurt the technology sector while rising bond yields...

NEW YORK/LONDON (Reuters) – London-listed rare disease drug maker Shire Plc said on Thursday it had rejected a $63 billion cash-and-stock acquisition offer by Japan’s Takeda Pharmaceutical Co , even as their talks...