Industries

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

Photo by Manuel Pappacena via Unsplash

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read
Photo by Balon Greyjoy via CC0 1.0

Industrials

Where is the Bottom for Boeing?

Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.

2 min read
Photo by Moonik via CC BY-SA 3.0

Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 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

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Media & Entertainment

Netflix’s New Homepage Pushes Users to Watch, Not Scroll

Photo by Freestocks via Unsplash

Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.

1 min read

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