01:47 PM EDT, 04/08/2025 (MT Newswires) -- Stocks staged a reversal after a White House official said Tuesday afternoon the US is moving forward with tariffs on China totaling as much as 104%, Bloomberg reported. The S&P 500 went from positive to negative around 1:30 p.m. ET following the report. The index moved up 0.7% at around 1:45 p.m. ET....

01:57 PM EDT, 04/08/2025 (MT Newswires) -- Bristol-Myers Squibb ( BMY ) received approval from the US Food and Drug Administration for nivolumab with ipilimumab to treat a colorectal cancer type in patients 12 years or older, the regulator said Tuesday. The combination was tested in a randomized, three-arm, open-label trial in immunotherapy-naive patients with unresectable or metastatic microsatellite instability-high...

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,...

01:45 PM EDT, 04/08/2025 (MT Newswires) -- Consumer stocks were decreasing Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%. Redbook US same-store sales accelerated by 7.2% from a year earlier in the week ended April 5 after a 4.8% year-over-year increase in the previous...