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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EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
As vehicles become more connected and autonomous, they also collect a lot more data.
Oil industry titan Shell has sold millions of carbon credits linked to CO2 removal that never actually occurred, the Financial Times found.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.
De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.
On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.
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.