Anil D'Silva

2 weeks ago | gurutrade.com | Pretish M J |Anil D'Silva

April 29 (Reuters) - The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday. "It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs," Seroka said. Major American retailers have now stopped all shipments from China and that contributes to around 45% of traffic in Los Angeles, he said.

2 weeks ago | today.westlaw.com | Bhanvi Satija |Michael Erman |Anil D'Silva |Bill Berkrot

(Reuters) -Pfizer said on Tuesday it would generate $1.7 billion more in savings from cost cuts to its manufacturing and research operations, highlighting its operational efficiency even as it reported lower first-quarter revenue due to declining...

2 weeks ago | today.westlaw.com | Anil D'Silva |Manas Mishra

(Reuters) -The U.S. Food and Drug Administration will meet its targets for completing reviews of new drugs despite mass firings at the agency under the Trump administration, its chief said. In an interview posted on a prominent industry blog, FDA...

2 weeks ago | today.westlaw.com | Akash Sriram |Shilpi Majumdar |Anil D'Silva

(Reuters) -Activist investment firm Engine Capital wants Lyft to consider strategic alternatives, including a sale, piling more pressure in its proxy battle against the ride-sharing platform. The investor, which owns about 1% of Lyft, also accused the...

2 weeks ago | today.westlaw.com | Anil D'Silva |Jaiveer Shekhawat

(Reuters) -Wells Fargo said on Tuesday that its board had authorized a stock buyback program of up to $40 billion. The new plan will take effect upon the completion of the current repurchase program, it said.