By David ShepardsonWASHINGTON (Reuters) -The Trump administration announcement that it aims to speed deployment of self-driving vehicles by exempting some from certain safety requirements and easing rules requiring reporting of safety incidents sent Tesla (NASDAQ:TSLA) shares up nearly 10% on Friday.CEO Elon Musk, a close adviser to President Donald Trump, has repeatedly pledged to launch commerci ...
By Svea Herbst-BaylissNEW YORK (Reuters) -Billionaire investor Daniel Loeb’s hedge fund Third Point is building a stake in Kenvue (NYSE:KVUE), sources familiar with the matter said on Friday, as some investors are pushing for strategic changes at the consumer healthcare company.News of Third Point’s investment in the $44 billion Summit, New Jersey-headquartered maker of Band-Aids and Tylenol h ...
By Luc CohenNEW YORK (Reuters) -Luigi Mangione pleaded not guilty on Friday to federal charges of gunning down health insurance executive Brian Thompson, a day after prosecutors formally stated their intent to seek the death penalty.Wearing a tan jail-issued t-shirt in a packed lower Manhattan courtroom, Mangione stood up as U.S. District Judge Margaret Garnett asked for his plea."Not guilty, ...
Investing.com – Galloway Capital Partners is urging WW International Inc (NASDAQ:WW) to avoid Chapter 11 bankruptcy, after disclosing a 2.87% stake in the embattled weight management company. The firm’s Chief Investment Officer, Bruce Galloway, told Investing.com that Weight Watchers still has solid fundamentals and does not meet the criteria for insolvency, making a bankruptcy filing both unw ...