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 Czapp Árpád on Pexels)

Consumer

Ikea Slashes Prices Amid Cooling Inflation

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 min read
(Photo by Kindel Media on Pexels)

Electric Vehicles

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

2 min read
(Photo by Pixabay on Pexels)

Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

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

(Photo by Vladan Raznatovic on Unsplash)

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
(Photo by Blue Origin)

Industrials

Blue Origin Grounds Commercial Space Station Plans

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read
(Photo by Wes Hicks on Unsplash)

Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

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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