Corporate Events

Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Published 08/02/2017

Tim Sloan, Chief Executive Officer of Wells Fargo & Company, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson

Wells Fargo & Co's board is likely to eliminate 2016 bonuses for the bank's top executives following the bogus account scandal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

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Lundbeck gives up on Alzheimer`s drug, rival to Axovant pill

Lundbeck gives up on Alzheimer`s drug, rival to Axovant pill

Published 08/02/2017

Two remaining late-stage clinical trials testing an experimental Alzheimer's drug from Denmark's Lundbeck have failed, scuppering hopes for the medicine and underscoring the difficulty of developing such treatments.

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Exclusive: SpaceX to hit fastest launch pace with new Florida site – executive

Exclusive: SpaceX to hit fastest launch pace with new Florida site – executive

Published 07/02/2017

An exterior of the SpaceX headquarters in Hawthorne, California May 29, 2014. REUTERS/Mario Anzuoni

Space Exploration Technologies Corp, better known as SpaceX, plans to launch its Falcon 9 rockets every two to three weeks, its fastest rate since starting launches in 2010, once a new launch pad is put into service in Florida next week, the company's president told Reuters on Monday.

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Scientists find crop-destroying caterpillar spreading rapidly in Africa

Scientists find crop-destroying caterpillar spreading rapidly in Africa

Published 06/02/2017

Officials spray maize plants affected by Armyworms in Keembe district, Zambia, January 6, 2017. REUTERS/Jean Mandela

Scientists tracking a crop-destroying caterpillar known as armyworm say it is now spreading rapidly across mainland Africa and could reach tropical Asia and the Mediterranean in the next few years, threatening agricultural trade.

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Exclusive: Boeing`s space taxis to use more than 600 3D-printed parts

Exclusive: Boeing`s space taxis to use more than 600 3D-printed parts

Published 03/02/2017

Product Development Engineer Jigar Patel works with a CAD image of a thrust reverser cascade in development at Oxford Performance Materials Inc., the maker of more than 600 parts to be used on Boeing's new Starliner manned spacecraft, in South Windsor, Connecticut, the maker of more than 600 parts to be used on Boeing's new Starliner manned spacecraft, in South Windsor, Connecticut, U.S., January 31, 2017. REUTERS/Mike Segar

Boeing Co has hired a small company to make about 600 3D-printed parts for its Starliner space taxis, meaning key components in the United States manned space program are being built with additive manufacturing.

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Europe without Merkel? Investors think through another `surprise`

Europe without Merkel? Investors think through another `surprise`

Published 03/02/2017

FILE PHOTO: German Chancellor Angela Merkel addresses the media at the Chancellery in Berlin, Germany, January 18, 2017. REUTERS/Fabrizio Bensch/File Photo

A serious challenger to German Chancellor Angela Merkel is forcing global investors to parse another potential electoral surprise - removal of a key political constant through years of euro zone turbulence but also an end to Europe's austerity bias.

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SpaceX says fix underway for rocket turbine wheel cracking

SpaceX says fix underway for rocket turbine wheel cracking

Published 02/02/2017

SpaceX Falcon rocket lifts off from Space Launch Complex 4E at Vandenberg Air Force Base, California, U.S., January 14, 2017. REUTERS/Gene Blevins

SpaceX's final version of the Falcon 9 rocket, which Elon Musk aims to launch before the end of the year, will fix a potential problem with cracks in its turbopumps, the company said on Thursday. Its statement followed a report that the U.S. Government Accountability Office will flag turbine wheel cracks in the rocket's turbopumps as a safety issue. NASA, the U.S. space agency, and the Air Force are among SpaceX's customers.

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Mongolian citizens offer cash, jewelry, horses to pay off government debt

Mongolian citizens offer cash, jewelry, horses to pay off government debt

Published 02/02/2017

Private citizens in Mongolia are donating cash, jewelry, gold and even horses to help the government make a near $600 million payment to bondholders next month.

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Machine beats humans for the first time in poker

Machine beats humans for the first time in poker

Published 01/02/2017

Artificial intelligence has made history by beating humans in poker for the first time, the last remaining game in which humans had managed to maintain the upper hand.

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