LOS ANGELES, Oct 3 Reuters U.S. retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx, according to industry data and interviews with seven professionals who advise shippers in price negotiations. That39;s a sharp reversal from 2021 and the first half […]

Oct 2 Reuters General Motors and Ford Motor on Monday said they are laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day. Separately, the UAW confirmed it presented a new contract offer to GM on Monday. GM said […]

Oct 3 Reuters Eli Lilly and Co will buy Point Biopharma Global for 1.4 billion, the companies said on Tuesday, gaining access to experimental therapies that enable precise targeting of cancer. Lilly has been bolstering its pipeline through small deals as its cancer therapy Alimta faces fierce competition from copycat versions while betting on potential blockbuster drug […]

HONG KONG, Oct 3 Reuters Apple has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store, joining local rivals years that had adopted the policy years earlier to meet tightening state regulations. Apple began last Friday requiring app developers to submit the internet content provider […]