The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Eli Lilly last week announced a $27 billion investment in four different domestic manufacturing plants to boost weight-loss drug production.
As US-based streaming platforms chase audiences around the world, they’re increasingly committing to international productions.
On Wednesday, Bloomberg reported that one billion people are watching podcasts on the Google-owned YouTube every month.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
Now that semaglutide’s no longer in shortage territory, the FDA said drug-makers have 90 days to wrap up production of their Novo knockoffs.
Last Tuesday, content conglomerate Thomson Reuters notched a big legal win against AI firm ROSS. Is it a sign of what’s to come?
De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
It took a few extra innings, but Amazon and Main Street Sports Group have finally come to an agreement after a year of circling each other.
There are signs that the emissions-free long haul semi-truck industry is slowly but surely picking up momentum, with or without Nikola.
The sector has been soaring on an atomic tailwind thanks to the energy demands of AI-hungry tech companies.
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.