Reuters

By Joseph Ax

(Reuters) - Families of the victims of the 2022 elementary school shooting in Uvalde, Texas, filed two lawsuits on Friday against Instagram's parent company Meta, Activision Blizzard and its parent Microsoft and the gunmaker Daniel Defense, claiming they cooperated to market dangerous weapons to impressionable teens such as the Uvalde shooter.

Together, the wrongful death complaints argue that Daniel Defense – a... (continue reading...)

By Steve Gorman and Andrew Hay

LOS ANGELES (Reuters) - Three weeks after a mob attacked pro-Palestinian activists encamped at the University of California, Los Angeles, police have made their first arrest in the violence, a man they say was seen in video footage beating victims with a wooden pole.

The suspect, identified as Edan On, 18, was taken into custody on Thursday in the city of Beverly Hills and booked on suspicion of assault with... (continue reading...)

(Reuters) - A panel of independent experts to the U.S. health regulator on Friday voted against the use of Novo Nordisk's weekly insulin in patients with type 1 diabetes due to risks of low blood sugar.

The Food and Drug Administration's panel voted 7-to-4 against the use of the weekly basal insulin icodec saying its benefits do not outweigh the risks when used in adult patients with type 1 diabetes.

The comments come after the FDA's... (continue reading...)

(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the bell.

The company had disclosed its share sale plan earlier this month amid a retail buying frenzy sparked by the return on social media of "Roaring Kitty" Keith Gill, whose bullish calls on the company spurred the 2021 meme stock rally.

The deal was structured as an "at-the-market"... (continue reading...)

By David Lawder

STRESA, Italy (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday that she does not see "any showstoppers" in her discussions with fellow G7 finance ministers about a larger loan to Ukraine backed by the income of frozen Russian sovereign assets.

Yellen told Reuters in an interview on the sidelines of a G7 finance leaders meeting that not all of the technical details of the loan proposal need to be worked out... (continue reading...)