Wall Street turned its focus to a handful of newer treatments in different disease areas in 2023, including weight loss medications and a new Alzheimer’s […]
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Whiskey distillers cheer as EU, U.S. strike deal to avoid 50% tariff on exports to Europe
The European Union and U.S. agreed to extend the suspension of 50% tariffs on whiskey exports that American distillers had been dreading.
Continue readingGeneral Mills echoes FedEx with a warning about weaker demand
General Mills and FedEx both cut their revenue outlook for their fiscal years.
Continue readingFedEx shares tumble 10% after weaker demand hit revenue outlook
It’s the second consecutive quarter FedEx has lowered its sales guidance.
Continue readingBig M&A and Bob Iger’s future: 13 media executives make their anonymous 2024 predictions
It’s the third annual anonymous media predictions list: 13 media, sports and entertainment executives make their best 2024 industry-shaking predictions.
Continue readingParamount shares jump after reports of takeover interest
Paramount shares surged Friday following reports that RedBird and Skydance were exploring a potential takeover.
Continue readingStarbucks tells union it wants to resume contract talks in January
Starbucks and the union, Workers United, have hit a stalemate in the nearly two years since the first company-owned U.S. cafes unionized.
Continue readingU.S. approves first gene-editing treatment, Casgevy, for sickle cell disease
Casgevy uses Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.
Continue readingPGA Tour star Jon Rahm signs on to join Saudi-backed LIV Golf
Jon Rahm, the defending Masters champion, signed on Thursday to leave the PGA Tour for Saudi-backed LIV Golf.
Continue reading2023 was the least affordable homebuying year in at least 11 years, Redfin says
California metro regions ranked as the least-affordable areas, while Midwest metros were the most affordable, Redfin said in a new report.
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