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 Ajay Suresh via CC BY 2.0

Industrials

De Beers Gets a $2.9 Billion Writedown

De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.

1 min read
Photo by Erik Mclean via Pexels

Consumer

Guidance Overshadows Growth as Walmart Shares Go Tumbling

Walmart said Thursday that it made a record $681 billion in sales, and yet its shares had their worst day in three years, tumbling 6.5%.

2 min read
Photo by Thibault Penin via Unsplash

Media & Entertainment

Amazon Wants in on Regional Sports Networks

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.

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

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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