09:20 AM EDT, 06/02/2025 (MT Newswires) -- Amazon.com's ( AMZN ) price controls for retailers on its marketplace may be considered abuse under German and European Union laws, Germany's Federal Cartel Office said Monday. Citing its preliminary legal assessment, the German antitrust watchdog said that if Amazon's ( AMZN ) price control mechanisms determine that seller prices are too high,...

09:18 AM EDT, 06/02/2025 (MT Newswires) -- Kymera Therapeutics ( KYMR ) said Monday that the results from its phase 1 study of KT-621 showed complete STAT6 degradation in both blood and skin, demonstrating a potential to treat Th2 diseases such as atopic dermatitis. The drug was well tolerated with a safety profile undifferentiated from placebo, with no serious adverse...

June 2 (Reuters) - Canadian aviation and defense technology company CAE, said on Monday it tapped Northrop Grumman's ( NOC ) Matthew Bromberg as its new chief executive officer. Bromberg, set to join on August 13, will be succeeding Marc Parent, who has been at the helm since 2009 and had announced his departure in November last year. Bromberg has...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...