LATEST ARTICLES

U.S. lets more healthcare workers prescribe opioid addiction treatment

WASHINGTON (Reuters) - The U.S. Drug Enforcement Administration said on Tuesday it had changed a regulation to allow more healthcare professionals to prescribe a medication used to treat opioid addiction, opening up access in rural America where there are few doctors. Prior to 2000, only physicians could treat those with opioid addiction and had to register with the DEA...

Tesla sets massive stock awards for Musk based on boosting market value

BANGALORE/SAN FRANCISCO (Reuters) - Silicon Valley billionaire Elon Musk could earn as much as $55.8 billion in Tesla Inc stock and own more than a quarter of the electric car company in the next decade if he hits all targets of a bold new pay plan. The unexpected compensation arrangement - announced in the middle of the night in...

Netflix shares hit record high after blockbuster results

(Reuters) - Shares in Netflix Inc (NFLX.O) rose 9 percent to a record high in premarket trading on Tuesday after the video streaming service trounced Wall Street targets for new subscribers in the fourth quarter. At least eight brokerages raised their price targets for the company’s shares by as much as $50. Analysts at RBC Capital Markets and KeyBanc...

With swirls and cages, Dior goes surrealist for Haute Couture week

PARIS (Reuters) - Christian Dior plunged spectators into a surrealist dreamworld on Monday at Paris’ Haute Couture week, as models dressed in black-and-white hypnotic patterns took to the runway under sculptures of body parts suspended from the ceiling. The LVMH label unveiled its latest collection on the first day of a fashion week dedicated to the highest...

CDC director urges flu vaccinations as pediatric deaths mount

CHICAGO (Reuters) - Of the 30 U.S. children who have died from the flu so far this season, some 85 percent had not been vaccinated, said Centers for Disease Control and Prevention Director Dr. Brenda Fitzgerald, who urged Americans to get flu shots amid one of the most severe flu seasons in years. “My message is, if you haven’t...

Netflix crosses $100 billion market cap as subscribers surge

(Reuters) - Netflix Inc (NFLX.O) snagged 2 million more subscribers than Wall Street expected in the final three months of last year, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world. The results drove Netflix to a market capitalization of more than $100 billion for the first...

FDA’s tobacco stance faces test with Philip Morris iQOS device

WASHINGTON (Reuters) - In a decision expected to test the Trump administration’s approach to tobacco regulation, U.S. health advisers will vote this week on whether to allow Philip Morris International Inc (PM.N) to sell its novel iQOS tobacco device and claim it is less harmful than cigarettes. The sleekly packaged little tube would not look out of place in...

Exclusive: U.S. sanctions curb Microsoft sales to hundreds of Russian firms

MOSCOW (Reuters) - Two of Microsoft’s official distributors in Russia have imposed restrictions on sales of Microsoft software to more than 200 Russian companies following new U.S. sanctions, according to notifications circulated by the distributors. While much of the focus around U.S. sanctions has been on ways they are being skirted, the moves by the Russian distributors show how...

Facebook to open digital training hubs in Europe

BRUSSELS (Reuters) - Facebook (FB.O) said on Monday it will open three new centers in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant’s drive to show its contribution to the bloc. The U.S. company - which has faced regulatory pressure in Europe...

‘Upside down’ artist Baselitz celebrated in retrospective

RIEHEN, Switzerland (Reuters) - Georg Baselitz, a provocative German artist who inspired a generation with challenging depictions of the Nazi era and the post-war division of Germany, is being honored by a retrospective to mark his 80th birthday. Born Hans-Georg Kern in the German town of Deutschbaselitz in 1938, Baselitz gained worldwide fame in the 1970s with his portraits...