(Reuters) - Venezuelan state-run oil firm PDVSA will cut office hours for its administrative workers, an internal document seen by Reuters showed, following an energy-saving order by the government amid a worsening power crisis. The administration of President Nicolas Maduro announced on Sunday that government offices would cut their hours to half as reduced generation of hydro electricity and a...

02:22 PM EDT, 03/28/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.) AAR (AIR) shares fell over 14% in recent trading Friday after the company's fiscal Q3 revenue missed analysts' estimates. The company reported fiscal Q3 adjusted earnings late Thursday of $0.99 per diluted share, up from $0.85 a year earlier. Analysts polled by...

March 28 (Reuters) - The U.S. Food and Drug Administration approved French drugmaker Sanofi's therapy, paving the way for a new type of treatment for patients 12 years of age and older with a rare disorder that prevents blood from clotting properly, the regulator said on Friday. ...

02:20 PM EDT, 03/28/2025 (MT Newswires) -- (Updates with Bloomberg report on convertible bonds starting in third paragraph.) Wolfspeed ( WOLF ) said Friday it received $192.1 million in cash tax refunds through the Section 48D advanced manufacturing tax credit, including $186.5 million for fiscal 2023 and 2024, plus interest. Wolfspeed ( WOLF ) also said in a statement it...