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.
Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.
Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.
Microsoft’s latest patent may keep its data centers cool and its energy even cooler.
Pfizer’s stock slumped its lowest level in more than 10 years. The world’s moved on from the pandemic, and nobody loves you when you’re down.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
The European Union is preparing to levy a hefty fine against Apple and ban some of its App Store practices, according to Bloomberg.
The tech could prevent the phantom braking problem which Tesla vehicles are notorious for.
Funding for startups developing small modular nuclear power plants looks like it’s beginning to dry up.
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.