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Snap’s direct revenue hits $1 billion annualized run rate as subscribers top 25 million

Feb 18 (Reuters) - Snap said on Wednesday its direct-revenue business has reached $1 billion in annualized revenue run rate, driven by growth in its Snapchat+ subscription service, as the social media company pushes into new income streams beyond ...
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Bayer retreats as investors sour on deal to settle Roundup litigation

FRANKFURT, Feb 18 (Reuters) - Bayer's shares slumped as much as 9.2% on Wednesday, wiping out the previous day's gains, as investors questioned whether a proposed $7.25 billion settlement of cancer lawsuits over its Roundup weedkiller would mark a ...
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Lilly’s Zepbound and Taltz improve psoriasis symptoms, drive weight loss in study

Feb 18 (Reuters) - Eli Lilly said on Wednesday its weight-loss drug, Zepbound, used with psoriasis treatment Taltz, showed better results in patients with the skin disease and obesity in a late-stage study, compared to Taltz alone. The drugs showed ...
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Mark Zuckerberg set to take the stand in landmark trial over social media addiction claims

(WASHINGTON) -- Mark Zuckerberg is set to testify Wednesday in a landmark Los Angeles trial alleging that major social media platforms were intentionally designed to be addictive for children and teens.The case, which began last Monday in Los Angeles ...
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‘On the right path’: Housing market offers glimmers of hope, some analysts say

(NEW YORK) -- A thaw in the housing market may deliver relief for homebuyers left out in the cold over recent years, analysts told ABC News.After the pandemic, a rapid rise in home prices coincided with stubbornly high mortgage ...
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Charles River forecasts upbeat 2026 profit on improved demand for drug development services

Feb 18 (Reuters) - Contract drug developer Charles River Laboratories on Wednesday forecast annual profit above Wall Street estimates, betting on an improvement in demand for its drug discovery and development services from biotech clients. The Wilmington, Massachusetts-based company ...
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US FDA reverses course, will review Moderna’s modified flu vaccine application

Feb 18 (Reuters) - Moderna said on Wednesday the U.S. Food and Drug Administration has agreed to review its influenza vaccine, reversing an earlier decision to reject the application, after the company made modifications. The reversal, which comes just a ...
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Insulet beats quarterly estimates on strong demand for wearable insulin pumps

Feb 18 (Reuters) - Insulet reported better-than-expected fourth-quarter results on Wednesday, on the back of strong demand for its tubeless insulin pumps that eliminate the need for daily injections. The medical device maker also forecast full-year 2026 revenue growth of ...
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Cencora to refocus on drug distribution with $3.5 billion divestiture of animal health unit

Feb 18 (Reuters) - Cencora will merge its subsidiary MWI Animal Health with privately held Covetrus in a deal valuing the unit at $3.5 billion, the companies said on Wednesday, as the drug distributor sharpens its focus on its ...
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As US agriculture flails, farmers see big corn acres as best bet to break even

By Julie Ingwersen CHICAGO, Feb 18 (Reuters) - U.S. farmers, though punished by slumping prices after last year's monster corn harvest, are expected to cut back only slightly on their plantings of the grain in 2026 as they brace for ...
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Amid tributes to civil rights icon Jesse Jackson, advocates see test for US race relations

By Bianca Flowers, Kat Stafford and Disha Raychaudhuri Feb 18 (Reuters) - Among an outpouring of tributes following the death of U.S. civil rights leader Jesse Jackson, rights advocates vowed to continue his fight for racial justice and an inclusive ...
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Americans believe Epstein files show the powerful get a pass, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON, Feb 18 (Reuters) - Americans believe that wealthy and powerful people are rarely held accountable, a new Reuters/Ipsos poll found after the release of millions of records on the late sex offender Jeffrey Epstein's connections ...
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