11:15 AM EDT, 05/01/2025 (MT Newswires) -- Greif ( GEF ) said Thursday it will permanently close its Los Angeles paperboard mill by June as part of its restructuring efforts. The closure will remove 50,000 tons of coated recycled paperboard capacity and 22,000 tons of uncoated recycled paperboard capacity from the market, the company said. About 72 employees will be...

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,...

11:59 AM EDT, 05/01/2025 (MT Newswires) -- Meta Platforms ( META ) delivered an impressive Q1 report, with one of the few concerns being a higher capital expenditure, or CapEx, outlook, now expected to reach $72 billion, RBC Capital Markets said in a note Thursday. Analysts, including Brad Erickson, said the tech giant raised its full-year 2025 CapEx guidance to...

11:16 AM EDT, 05/01/2025 (MT Newswires) -- Cidara Therapeutics ( CDTX ) said Thursday it has promoted Nicole Davarpanah to chief medical officer. Davarpanah was most recently a clinical and translational lead at Genentech/Roche, Cidara said. The company said it also promoted Corrina Pavetto to the role of senior vice president for clinical development. Shares of Cidara gained more than...