The FDA is slated to make a decision on whether to approve Pfizer’s shot in August before respiratory syncytial virus season in the fall.
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Target wants shoppers to think of it for groceries as retailer braces for leaner spending
Target wants to stand out on grocery quality and price, after gaining grocery shoppers during the pandemic.
Continue readingComcast will likely sell Hulu stake to Disney at the beginning of 2024, CEO Roberts says
Disney already owns a two-thirds stake in Hulu and has operational control over the streaming service.
Continue readingThese retailers are most at risk for a margin squeeze this earnings season thanks to cautious consumers, heavy promotions
Affordability is the primary thing consumers are considering before buying something and it could lead retailers to use discounts to woo customers.
Continue readingJamie Dimon says it’s ‘unlikely’ that JPMorgan Chase will acquire another struggling bank
JPMorgan Chase CEO Jamie Dimon answered questions Tuesday during an annual shareholder meeting.
Continue readingCNN’s CEO stands by Trump town hall but acknowledges production weaknesses, sources say
CNN CEO Chris Licht internally acknowledged some weaknesses with how the network showcased Donald Trump’s town hall.
Continue readingWhy Home Depot’s weak outlook could be a warning sign for Target earnings
Home Depot signaled that consumers are pulling back on discretionary spending even during the busier spring season.
Continue readingHome Depot posts worst revenue miss in about 20 years, lowers forecast as consumers delay big projects
The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills.
Continue readingFTC sues to block Amgen acquisition of Horizon Therapeutics
The deal was a bid to strengthen Amgen’s drug portfolio as it prepares to face several patent expirations for key treatments over the next decade.
Continue readingHomebuilder sentiment pulls out of negative territory for the first time in nearly a year
It’s the fifth straight month of gains and the first reading of builder sentiment since July that wasn’t negative.
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