Industries

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 min read

Photo by Tupungato via iStock

Hedge Funds

Bill Ackman’s Huge Bet on Hertz May Win a Jackpot if Trade War Drags On

Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.

2 min read
Photo by Jérémy Barande via CC BY-SA 2.0

Consumer

Sliding LVMH Market Value Prompts Luxury Firm’s CEO to Urge US-EU Free Trade

Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.

2 min read
Photo by JHVEPhoto via iStock

Healthcare

Eli Lilly Skyrockets After Promising Results for First Weight-Loss Pill

The company plans to seek regulatory approval for the revolutionary weight loss treatment by the end of the year.

2 min read

Healthcare

UnitedHealth CEO Replaced by Predecessor as Stock Plummets

Photo by Chad Davis via CC BY 2.0

UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.

2 min read

Healthcare

Trump Prescribes Deep Discounts for Big Pharma

Photo by Cj via Unsplash

The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.

2 min read

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

2 min read

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