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Category Archives: Uncategorized

How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

The owner of Calvin Klein and Tommy Hilfger has been placed on China’s unreliable entities list, which could force it to cease operations in the […]

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Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars

The results were consistent with the preliminary results Eli Lilly shared in January, which disappointed investors.

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Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance

The company also issued a 2025 guidance that fell short of expectations, as some of the company’s older drugs face competition from cheaper generics.

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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Farley singled out imports from Japan and South Korea that have little to no duties compared to the 25% tariff threatened on Canada and Mexico.

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Cosm considers international expansion of immersive sports-viewing venues

Cosm has raised $300 million and may be in the market for more funding soon, CEO Jeb Terry in an interview with CNBC Sport.

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Ford beats earnings expectations but forecasts tougher year ahead

Wall Street analysts expect Ford to report adjusted earnings per share of 33 cents and revenue of $43.02 billion for the fourth quarter.

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Novo Nordisk CEO says he’s confident about Wegovy supply, next-generation weight loss drugs

Ozempic and Wegovy maker Novo Nordisk quieted Wall Street’s concerns with its fourth-quarter results and 2025 outlook.

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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

The largest impact on vehicles is on Ford Motor’s Lincoln Nautilus and General Motors’ Buick Envision.

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DOT secretary says he spoke with Elon Musk on U.S. airspace reforms

DOT Secretary Sean Duffy slammed the use of U.S. military helicopters for “convenience” after a fatal crash.

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Walmart’s latest acquisition is a shopping mall in Pennsylvania

Walmart’s purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.

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