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Meme stock Bed Bath & Beyond tumbles as billionaire Cohen to dump stake

Meme stock Bed Bath & Beyond tumbles as billionaire Cohen to dump stake

A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, US, June 29, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 18 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) shares dropped 15% on Thursday after billionaire investor Ryan Cohen disclosed plans …

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Bluebird’s $2.8 million gene therapy becomes most expensive drug after US approval

Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, US, August 29, 2020. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 17 (Reuters) – The US Food and Drug Administration on Wednesday approved bluebird bio’s (BLUE.O) gene therapy for patients with a rare …

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Bed Bath & Beyond leads revival in breast stocks’ rally

A person exits a Bed Bath & Beyond store in Manhattan, New York City, US, June 29, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 17 (Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O) jumped 23% on Wednesday, leading a surge in meme stocks again as individual …

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Global investor group to pressure corporations on water risks

Aug 17 (Reuters) – A global group of investors and pension funds have said they will push top corporate water users to address financial risks and protect resources, citing widespread droughts and severe weather. The Valuing Water Finance Initiative is the latest led by sustainability investor group Ceres to bring pressure corporations on environmental issues. …

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Exclusive: China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe

BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com register SHANGHAI, Aug 17 (Reuters) – China’s EVE Energy Co Ltd (300014.SZ) will supply BMW (BMWG.DE) with large cylindrical batteries for its electric cars in Europe, two people …

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Elon Musk says he is buying Manchester United

Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/ Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday he was buying football club Manchester United …

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OK Google, get me a Coke: AI giant demos soda-fetching robots

MOUNTAIN VIEW, Calif., Aug 16 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is combining the eyes and arms of physical robots with the knowledge and conversation skills of virtual chatbots to help its employees fetch soda and chips from breakrooms with ease . The mechanical waiters, shown in action to reporters last week, embody an artificial …

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Meme stock Bed Bath & Beyond soars after investor Ryan Cohen’s latest bets

Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City, US, June 29, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O) surged 60% to a near five-month high in volatile trading on Tuesday, …

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Philips parts ways with CEO in midst of massive recall

Van Houten to leave after almost 12 years at helm To be replaced on Oct. 15 by Connected Care head Jakobs Shares up 2%, but down more than 50% since product recall AMSTERDAM, Aug 16 (Reuters) – Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health technology firm …

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American Airlines bets on supersonic travel with Boom jet deal

An American Airlines aircraft flies past the US Capitol before landing at Reagan National Airport in Arlington, Virginia, US, January 24, 2022. REUTERS/Joshua Roberts/File Photo Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – American Airlines Group Inc (AAL.O) on Tuesday agreed to buy up to 20 jets from aircraft maker …

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