Feb 4 (Reuters) - Insurance broker Willis Towers Watson ( WTW ) beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by a strong performance in its risk and brokerage business. Businesses increased spending on insurance products as they prioritized financial security to safeguard against risks, despite higher premium prices. Insurance brokers' commissions are tied to the premiums insurers...

Shares of Quantum BioPharma Ltd. ( QNTM ) soared more than 80% on Tuesday after the company announced positive clinical trial results for its dietary supplement, unbuzzd, which accelerates the reduction of blood alcohol concentration. What To Know: The double-blind, placebo-controlled study showed that unbuzzd significantly reduced blood alcohol levels, with most participants seeing a 40% faster drop within 30...

WASHINGTON, Feb 4 (Reuters) - The U.S. State Department has approved the potential sale of Lockheed Martin ( LMT ) and Northrop Grumman Corp's ( NOC ) defense systems to Egypt, the Pentagon's Defense Security Cooperation Agency said on Tuesday. The State Department has approved the possible sale of Lockheed's fast missile craft modernization estimated at $625 million and the...

Wells Fargo Inc. shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding enforcement actions against the company. What To Know: The terminated consent orders date back to 2011 and were related to Wells Fargo's ( WFC ) legacy mortgage servicing activities and its former Wells Fargo Financial business. These regulatory actions were among several tied to...