03:32 PM EDT, 05/27/2025 (MT Newswires) -- Elon Musk's Neuralink raised $600 million in a funding round, valuing the company at $9 billion before the new money, Semafor reported, citing people familiar with the matter. Neuralink didn't immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information...

Eli Lilly and Co. ( LLY ) is on track to close one of its worst months ever after slashing its full-year profit outlook despite beating first-quarter earnings estimates. But a glimmer of hope lies ahead, as June historically stands out as the drugmaker's best month of the year. Shares of Eli Lilly ( LLY ) are down 19% in...

03:36 PM EDT, 05/27/2025 (MT Newswires) -- Citigroup's ( C ) Citi Handlowy unit said Tuesday it has agreed to sell its consumer banking business to VeloBank. Financial terms weren't disclosed. VeloBank is a Polish bank owned by investment funds linked to Cerberus Capital Management, the European Bank for Reconstruction and Development, and the International Finance Corporation, the company said....

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,...