Pharma is hopeful about Trump's second term — here's what to expect for drugmakers
Drugmakers hope to see efforts that focus more on cracking down on pharmacy benefit managers while promoting drug innovation and patient access to treatments.
26th January 2025 14:00CIA believes Covid-19 likely caused by lab leak, NBC News reports
"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible."
25th January 2025 21:23Trump's first week in office: Crypto industry cheers executive order, task force
The president's executive order on digital assets and the SEC's crypto task force could set off a flurry of changes for crypto operations in the U.S.
25th January 2025 19:00Why this China-made BYD Shark pickup is drawing attention in the global truck market
BYD has not announced plans to sell the Shark in the U.S., but it has entered countries such as Mexico, where GM, Ford and Toyota sell pickup trucks.
25th January 2025 14:49JetBlue offers some pilots early retirement packages, union says
JetBlue is offering early retirement to pilots nearing retirement age
25th January 2025 02:48Trump third-term amendment 'impossibly difficult' to pass, Harvard Law professor says
President Donald Trump has hinted at potentially seeking a third term in the White House.
24th January 2025 23:16SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.
24th January 2025 22:34Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast
Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.
24th January 2025 22:18Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year
24th January 2025 22:07Meta to begin testing ads on Threads, its microblogging app
Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday.
24th January 2025 21:30Constitutional amendment to allow Trump third term introduced in the House
President Donald Trump has hinted at the possibility of somehow serving a third term in office.
24th January 2025 17:26The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
24th January 2025 16:21Tesla starts sales of revamped Model Y in U.S. for about $60,000
Tesla will start deliveries of the Model Y Juniper in the U.S. in March.
24th January 2025 14:48Airlines flex pricing power, signaling higher fares in 2025
Airlines say strong demand and limited capacity are keeping fares afloat.
23rd January 2025 23:40Trump executive order declassifies JFK, RFK, Martin Luther King Jr. assassination files
Official conclusions say lone gunmen committed the assassinations of President John Kennedy, Sen. Robert Kennedy and the Rev. Martin Luther King Jr.
23rd January 2025 23:27Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.
23rd January 2025 23:26Democratic lawmakers ask regulators to look into Donald and Melania Trump meme coins
The digital tokens have already generated billions of dollars on paper for the Trump family.
23rd January 2025 23:26Shares of cash-strapped Nikola nosedive on report of potential sale
Nikola warned investors on its third-quarter conference call that the company only had enough cash to support its business into the first quarter of 2025.
23rd January 2025 22:59Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.
23rd January 2025 22:44UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
Noel was the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. and the insurance arm of UnitedHealth Group.
23rd January 2025 22:16American Airlines shares tumble as outlook falls short
American forecast a wider than expected loss for the first quarter, sending shares lower.
23rd January 2025 22:03OpenAI introduces Operator to automate tasks such as vacation planning, restaurant reservations
OpenAI on Thursday unveiled Operator, which it calls "an agent that can go to the web to perform tasks for you."
23rd January 2025 20:48EA shares plunge 19%, on track for worst day since dot-com bubble
Electronic Arts shares plummeted on Thursday after the video game publisher cut its forecast, due largely to challenges with its soccer franchise.
23rd January 2025 19:21Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model
Alexandr Wang, CEO of Scale AI, said Thursday that the AI race between the U.S. and China is an "AI war."
23rd January 2025 19:03CNN announces about 200 layoffs as it attempts to modernize business
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
23rd January 2025 18:34GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq.
23rd January 2025 14:00‘Let sense prevail’: European CEOs still hope to avoid a U.S. trade war
European business leaders have broadly sought to downplay concerns about the prospect of a transatlantic trade war.
23rd January 2025 13:30Microsoft's business development chief Chris Young resigns
Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.
23rd January 2025 01:52EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.
22nd January 2025 22:10Early Facebook investor Jim Breyer says Zuckerberg has been 'revitalized' by Meta's AI push
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company's recent push into AI.
22nd January 2025 20:57