The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.
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Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.
General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
After years of spending big with little to show for it, Apple is attempting to rein in costs at Apple TV+.
Patents like this serve as a reminder that autonomous vehicles look like more than just cars themselves.
Activist investing firm Elliott Management has taken a significant stake in Starbucks, and has already begun pushing for strategic changes.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.
Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.
Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.
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.