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By Stephen Nellis SAN FRANCISCO, May 18 (Reuters) – Nvidia CEO Jensen Huang said on Monday that he believes China’s market will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump on a trip to China last week.  Nvidia has received licenses from the U.S. government to sell its H200 chips but has not received approval from Chinese officials who are fostering China’s own chip suppliers. Trump’s talks […]

BOSTON, May 18 (Reuters) – A U.S. jury on Monday found that Takeda Pharmaceutical caused pharmacies, insurers, retailers and others to sustain about $885 million in damages delaying the release of a generic version of its anti-constipation drug Amitiza through an anticompetitive scheme. (Reporting by Nate Raymond in Boston; Editing by Chris Reese) Brought to you by www.srnnews.com

May 18 (Reuters) – Lululemon Athletica founder Chip Wilson said on Monday he is ready to reach an agreement on the principal terms provided by the athleisure maker. The company tried but failed to settle its bitter proxy fight with Wilson as recently as last week, when the apparel retailer said its founder made escalating demands, according to a Monday regulatory filing. “The Board has not provided me with detail […]

Infielder Gio Urshela, who played 851 games with eight teams over 10 seasons, announced his retirement on Monday. “Today is the day to close this chapter as a professional player, and this is not a moment to be sad,” Urshela, 34, wrote in a lengthy statement posted to Instagram. “It is a moment to be grateful to God for allowing me to play this beautiful sport that changed my life.” […]

It’s getting harder for officials in the Kremlin to cast the war in Ukraine — now in its fifth year — as something so distant that it doesn’t affect the daily routines of Russian civilians. From irritating internet disruptions to this month’s scaled-down Victory Day parade and a massive weekend aerial attack in the Moscow region that killed three people, Russia’s full-scale war no longer seems a distant conflict. Ukrainian […]

LONDON (AP) — British Prime Minister Keir Starmer tried to strengthen his grip on office Monday, saying he was getting on with the job after taking blame for the Labour Party’s disastrous election results that have put his leadership in jeopardy. Starmer sounded like he was giving a campaign speech but his audience was made up of workers at Labour’s headquarters. He thanked them for their hard work despite the […]

HAVANA (AP) — A ship laden with humanitarian aid from the governments of Mexico and Urugay arrived Monday in Havana to help ease Cuba’s spiraling crises. The ship, which departed from Mexico, includes food and personal hygiene items, according to a government statement. Cuba’s food industry minister, Alberto López Díaz, said the items arrive “at a time of great economic hardship, exacerbated by the tightening of the blockade imposed on […]

NEW ORLEANS (AP) — The New Orleans Pelicans have hired former Orlando coach Jamahl Mosley as their next coach, ending interim coach James Borrego’s candidacy to retain his job on a permanent basis, a person with knowledge of the decision told The Associated Press on Monday. The person spoke on condition of anonymity because the hiring hasn’t been officially announced. Mosley heads to New Orleans after spending the past five […]

PITTSBURGH (AP) — Aaron Rodgers didn’t waste time getting his 22nd NFL season started. The four-time NFL MVP was on the field for voluntary organized team activities in Pittsburgh on Monday just minutes after signing a one-year deal with the Steelers. The signing reunites Rodgers with first-year Pittsburgh coach Mike McCarthy. The two worked closely together during a long partnership in Green Bay earlier in their respective careers, including a […]