The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.
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Uber returned to profitability in the second quarter, bucking macroeconomic trends and proving it can diversify its revenue streams.
The simplicity of this method makes it applicable to “almost any type of robot.”
WW announced on Thursday that it will be laying off employees and cutting costs to the tune of $100 million per year.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”
Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.
Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
Suppliers are upset Temu is swapping to a more Amazon-esque supplier model and trying to drive prices ever-downward.
Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
McDonald’s warned that customers might be getting sick of price hikes. It was right. Sales fell year-over-year for the first time since 2020.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.