01:34 PM EDT, 05/22/2024 (MT Newswires) -- Pfizer ( PFE ) said Wednesday the first phase of its multi-year cost reduction program focuses on operational efficiencies and will generate savings of about $1.5 billion by 2027. The company said one-time costs related to the first phase will be about $1.7 billion, including severance and implementation. The expense will be recorded...

SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free up the company from selling some of its oil refining and natural gas assets. The new terms of the agreement, originally signed in 2019, have been approved by the regulator's board, Petrobras said in...

01:36 PM EDT, 05/22/2024 (MT Newswires) -- Amazon.com ( AMZN ) shareholders rejected a proposal seeking to form a board committee that will address risks posed by artificial intelligence systems to human rights, Bloomberg reported Wednesday. The proposal was presented by AFL-CIO, which cited AI-based human resources decisions that could lead to discrimination, according to the report. In its proxy...

01:34 PM EDT, 05/22/2024 (MT Newswires) -- Aftermath Silver ( AAGFF ) said Wednesday its wholly owned Peruvian subsidiary, Aftermath Silver Peru SAC, secured drilling approval for the further development of the Berenguela Project in Puno, Peru. The company obtained the approval via the amendment of its Semi-Detailed Environmental Impact Assessment. The amendment grants 30 months for drilling activities from...