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.
“We’re moving away from the black box,” said said Frederick Gertz, founder and CEO of enterprise AI company Collide Technology.
The e-commerce luxury market has taken a big dip, placing the platforms that focus on luxury goods in hot water.
British American Tobacco shares dropped to a 12-year low after the company announced a $31.5 billion write-down for some of its brands.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.
Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.
Apple will likely face a lot of competition if it decides to get on the road.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
Given that EV batteries are a hot commodity, the tech could help cut costs for fleet operators.
In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.
America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.
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.