03:39 PM EDT, 04/23/2024 (MT Newswires) -- L3Harris Technologies ( LHX ) will eliminate 5% of jobs this year to generate cost savings, Reuters reported Tuesday, citing Chief Executive Chris Kubasik's email to employees. The cuts represent about 2,500 of the roughly 50,000 employees the U.S. defense contractor had at the end of last year, the report said, citing the...

03:37 PM EDT, 04/23/2024 (MT Newswires) -- Health care stocks gained late Tuesday afternoon with the NYSE Health Care Index climbing 1.3% and the Health Care Select Sector SPDR Fund (XLV) adding 1.2%. The iShares Biotechnology ETF (IBB) climbed 1.8%. In corporate news, Sanofi ( SNY ) asked banks to submit proposals for roles on the potential spinoff or sale...

03:50 PM EDT, 04/23/2024 (MT Newswires) -- Amazon.com ( AMZN ) on Tuesday launched a new grocery delivery subscription service in the US that Wedbush Securities said is likely to help the e-commerce giant capture market share, especially in perishable categories. Amazon ( AMZN ) said Prime members in more than 3,500 cities and towns can avail the service at...

April 23 (Reuters) - WeWork ( WEWOQ ) founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's ( WEWOQ ) management should engage in talks or be forced to cede control of the company's restructuring. Neumann's new real estate company, Flow Global, has sought to buy WeWork...