DETROIT, April 5 (Reuters) - Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once promised to do the same for electric cars with a Tesla that could sell for $25,000. Now, sources have told Reuters Musk is putting aside the idea of bargain-priced Tesla for the masses in favor of self-driving robo-taxis. Musk replied...

By Sneha S K and Bhanvi Satija April 5 (Reuters) - The U.S. Food and Drug Administration has allowed cell therapies of Johnson & Johnson and Bristol Myers Squibb to be used for treating patients in the earlier stages of a type of blood cancer, the companies said on Friday. Both J&J and Bristol Myers' therapies helped extend the time...

FRANKFURT (Reuters) - German industrial services provider Bilfinger is considering growing through mergers and acquisitions and is looking at the Middle East and United States as potential places to do so, the company's finance chief told Boersen-Zeitung. Our fire power is several hundreds of millions of euros, Matti Jaekel was quoted as saying. Banks are prepared to support us in...

KARACHI, Pakistan, April 6 (Reuters) - Pakistan's Liberty Power Holding, which this week signed a deal to buy the thermal energy assets of the country's largest conglomerate for $125 million, is banking on its coal reserves and reforms laid out by the IMF for its investment to pay off. Liberty Power entered into an agreement with a subsidiary of conglomerate...