Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.
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It’s just another earnings week in the life of pharmaceutical CEOs, with blockbuster expectations running up against cruel reality.
Chinese electric vehicle giant BYD announced revenue of just over $28 billion in the three months ending September.
Royal Caribbean raised its annual profit forecast for the fourth time this year. Driving the optimism is a private island in the Bahamas.
UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.
MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.
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.
Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.
The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.
TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.
Modifi Biosciences announced that it has been acquired by global pharmaceutical giant Merck, with a $30 million down payment.
Frontier Airlines and Spirit Airlines have renewed their yearslong on-again, off-again merger flirtation. Perhaps this time’s the charm.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
Future battlefields will be shaped by AI weapons that defense firms and Big Tech are vying to build for the military. Guardrails are lagging.
Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.