WASHINGTON (Reuters) -The U.S. House of Representatives passed a bill on Saturday that would give TikTok's Chinese owner ByteDance about a year to divest the U.S. assets of the short-video app, or face a nationwide ban. It now moves to the Senate where it could be taken up for a vote in the coming days. Here is a look at...

11:40 AM EDT, 04/22/2024 (MT Newswires) -- Sanofi ( SNY ) will pay more than $100 million to settle around 4,000 lawsuits alleging that the company failed to warn Zantac users that the heartburn drug could cause cancer, Bloomberg reported Monday, quoting unnamed sources with knowledge of the matter. Under the settlement, former Zantac users will get an average of...

Lucid Group, Inc. ( LCID ) shares are trading lower Monday after Telsa, Inc. and other EV-makers announced new rounds of price cuts. The Details: Tesla and Li Auto, Inc. ( LI ) are among the major EV-makers to announce more price cuts in the past several days. Li Auto ( LI ) announced on Monday that it has cut...

Rivian Automotive Inc ( RIVN ) shares are trading lower by 1.5% to $8.50 during Monday’s session. The EV sector may be trading lower in sympathy with Tesla Inc after the company reduced vehicle prices in the United States, Germany and China. Rivian, facing a slowdown in the industry, last week reportedly reduced its workforce by 1%. This latest cut,...