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 […]
Continue readingCategory Archives: Uncategorized
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.
Continue readingBristol 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.
Continue readingFord 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.
Continue readingCosm 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.
Continue readingFord 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.
Continue readingNovo 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.
Continue readingTrump’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.
Continue readingDOT 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.
Continue readingWalmart’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.
Continue reading