Paramount’s “Mean Girls” opened to an estimated $28 million at the domestic box office, on its way to a $32 million take for the holiday […]
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Biotech and pharma companies are betting on a promising class of cancer drugs to drive growth
The JPMorgan Healthcare Conference was likely just the beginning of another year of heightened interest and investments in ADC cancer drugs.
Continue readingGoldman Sachs tops revenue estimates on better-than-expected asset management results
Hope is building that Goldman Sachs can turn a corner after pivoting away from CEO David Solomon’s failed consumer banking efforts.
Continue readingThe Rubik’s Cube turns 50: How a 3-by-3 grid captured hearts and market share
The cube claims 42% market share in the brain teaser category, and in 2022 brought in $75.3 million in global retail sales.
Continue readingFlight cancellations pile up as winter storm, 737 Max 9 grounding disrupt travel
Airlines canceled about 2,000 U.S. flights Friday, as they grapple with winter weather and the grounding of the 737 Max 9.
Continue readingSpace company Momentus, once valued at more than $1 billion, is running dangerously low on money
Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial […]
Continue readingFAA says it will audit Boeing’s production line after 737 Max 9 accident
The FAA’s announcement comes a week after a door plug blew out on an Alaska Airlines 737 Max 9.
Continue readingNew York and California make retail theft a 2024 priority: ‘We mean business’
New York and California have named retail crime as a top priority in 2024 and are proposing new legislation and funding to tackle theft.
Continue readingCitigroup posts $1.8 billion fourth-quarter loss after litany of charges
Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.
Continue readingDelta more than doubles fourth-quarter profit, but trims 2024 earnings forecast
Delta is the first of the major U.S. carriers to report earnings this period.
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