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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Boeing announced 17,000 layoffs, a delay to the launch of its 777X passenger jet, and billions in charges related to ongoing strikes.
New estimates say that Medicare will spend tens of billions of dollars over nine years to cover weight-loss drugs.
Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
IBM may want to use household appliances to track users and time ads.
UnitedHealth, CVS, and Cigna want FTC chair Lina Khan and two other officials recused from their case due to alleged biases.
Rio Tinto announced plans to acquire US lithium miner Arcadium for $6.7 billion, making it the world’s third-largest lithium miner.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.
Amazon’s patent to help doctors take better notes highlights the company’s massive bet on the healthcare space.
In another opportunity to beef up the bottom line, McDonald’s launches a chicken version of its iconic Big Mac in the US.
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.