Business

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: CymaBay Therapeutics Inc., up $6.52 to $32.21. Gilead Sciences is buying the drug developer for about $4.3 billion. V.F. Corp., up $2.14 to $17.44. The maker of Vans, North Face and other brands reportedly faces pressure from activist investors. Diamondback Energy Inc., up $14.24 to …

BENGALURU, India (AP) — Microsoft CEO Satya Nadella urged in a speech to more than a thousand Indian computer code developers on Thursday that they use the company’s artificial intelligence tools being deployed across its products. Speaking in Bengaluru, India’s “Silicon Valley,” Nadella noted that more than 13.2 million Indian developers are currently on GitHub, an internet hosting service for …

The new chief of the Federal Aviation Administration said Tuesday that his agency is midway through a review of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufacturer. FAA Administrator Michael Whitaker suggested that Boeing — under pressure from airlines to produce large numbers of planes — is not …

HARTFORD, Conn. (AP) — Marijuana retailers in Connecticut say a dearth of licensed growers in the state’s fledgling legal pot industry has left them with a shortage of product to sell. The supply problem has appeared after slow retail growth in neighboring New York last year left growers there struggling with the opposite: an excess of supply. It would seem …

NEW YORK (AP) — Shares are mixed in Asia, where Chinese markets advanced after a government investment fund said it would step up stock purchases. But the gains in Shanghai, Shenzhen and Hong Kong were much smaller than recent losses. Oil prices rose and U.S. futures were mixed. China’s Central Huijin Investment, a sovereign fund that owns China’s state-run banks …

NEW YORK (AP) — Gap Inc. has tapped American fashion designer Zac Posen as the chain’s creative director. The hire announced on Monday is among the first big personnel moves under the San Francisco-based chain’s new CEO Richard Dickson, who took the helm in August and is aiming to turn around years of languishing sales. Dickson had previously been president …

SEÚL, Corea del Sur (AP) — Una corte surcoreana absolvió el lunes al presidente de Samsung Electronics, Lee Je-yong, acusado de manipulación de precios de acciones y fraude contable en relación a una controversial fusión entre dos filiales de Samsung en 2015 que estrechó su control sobre la compañía más grande de Corea del Sur. El fallo de la Corte …

Elon Musk wants Tesla investors to decide on moving the company’s corporate listing to Texas after a Delaware court decided he shouldn’t get a multibillion-dollar pay package. The electric car company’s CEO said early Thursday that Tesla would get shareholders to vote on whether to switch its corporate registration to Texas, where its physical headquarters is located. “Tesla will move …

BERLIN (AP) — German beer sales dropped 4.5% last year, resuming a long-term downward trend, official figures showed Thursday. German-based breweries and distributors sold about 8.4 billion liters (2.2 billion gallons) of beer last year, the Federal Statistical Office said. That figure doesn’t include non-alcoholic beer and beer imported from outside the European Union. In 2022, beer sales increased 2.7% …

Don’t act so surprised, Your Highness. You weren’t on any mercy mission this time. Several transmissions were beamed to this ship by Rebel spies. I want to know what happened to the plans they sent you. In my experience, there is no such thing as luck. Partially, but it also obeys your commands. I want to come with you to …