Disney’s animation studios have struggled to generate box-office returns recently while Universal’s Illumination and DreamWorks studios continue to deliver.

Bristol Myers Squibb said it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash.

Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.

The health-care sector has seen a big rebound this month, and analysts say some beaten-down names will continue to have positive momentum in 2024.

Nike said the plan will cost $400 million to $450 million in pre-tax restructuring charges that will largely come to fruition in the current quarter.

Boeing hasn’t delivered an aircraft from its factories directly to a Chinese airline since 2019.

Gorman won praise for managing the CEO succession process at Morgan Stanley.

Even McDonald’s, which outstrips Chick-fil-A by sales and footprint, is leaning into chicken to drive growth.

Forecasters expect auto sales next year to increase by between 1% and 4% to roughly 15.6 million to 16.1 million vehicles sold.

Hometown International once was valued at $100 million on the stock market despite owning a tiny, money-losing deli in New Jersey.