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,...

07:32 AM EDT, 06/10/2025 (MT Newswires) -- J.M. Smucker (SJM) reported fiscal Q4 adjusted earnings Tuesday of $2.31 per diluted share, down from $2.66 a year earlier. Analysts surveyed by FactSet expected $2.24. Net sales for the quarter ended April 30 declined to $2.14 billion, down from $2.21 billion last year. Analysts polled by FactSet expected $2.18 billion. The company...

(Reuters) -The U.S. Food and Drug Administration on Monday approved Merck's ( MRK ) preventive antibody shot to protect infants up to one year of age from respiratory syncytial virus during their first RSV season, the company said. Merck's ( MRK ) monoclonal antibody, called clesrovimab and branded as Enflonsia, is the first and only preventive shot that can be...

07:36 AM EDT, 06/10/2025 (MT Newswires) -- MediPharm Labs ( MEDIF ) co-founder and former chief executive, Pat McCutcheon, has joined Apollo Capital in contesting management, the investment fund said late on Monday. McCutchen said MediPharm's ( MEDIF ) share price has collapsed over the past three years while senior management has been paid more than $10 million even as...