» Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications
17/01/25 23:36 from Business
The talks on drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.

» Unrivaled women's basketball league debuts Friday. Here's everything we know about it
17/01/25 22:21 from Business
The Unrivaled basketball league will play its first games, airing on TNT, on Friday. It's poised to capitalize on growing national interest in women's sports.

» Entertainment, tech companies donate millions to LA wildfire relief effort
17/01/25 20:24 from Business
Companies are pledging millions in donations to aid relief efforts for victims of the Los Angeles wildfires.

» FAA grounds SpaceX's Starship after midflight explosion, reports property damage on Turks and Caicos
17/01/25 19:39 from Business
The FAA grounded SpaceX's Starship pending an investigation into the failure that caused the rocket to break apart midflight after launching on Thursday.

» FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
17/01/25 17:37 from Business
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.

» Why 2025 is set to be a crucial year for Amazon's Zoox robotaxi unit
17/01/25 17:24 from Business
This year is expected to be a crucial one for Amazon's Zoox, as the company plans to grow its operations and commercialize a robotaxi business.

» SpaceX's Starship rocket breaks up after launch, flights divert after FAA debris warning
17/01/25 13:04 from Business
SpaceX launched the seventh test flight of its Starship rocket on Thursday.

» Wall Street banks had a great quarter, and the boom times are just starting
16/01/25 21:00 from Business
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.

» Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
16/01/25 17:43 from Business
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

» Investors pitch new international basketball league that would offer players equity
16/01/25 16:57 from Business
The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially lure them away from the NBA.

» Target says its holiday sales were better than expected — but its profits weren't
16/01/25 16:25 from Business
The big-box retailer's report indicates that deals and promotional events motivated shoppers.

» LIV Golf announces multiyear media rights deal with Fox Sports
16/01/25 15:46 from Business
LIV Golf announced a media rights agreement with Fox Sports to broadcast the pro golf tour to U.S. viewers just one day after naming a new CEO.

» EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
16/01/25 15:34 from Business

» Bank of America tops estimates on better-than-expected investment banking, interest income
16/01/25 14:57 from Business
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

» Morgan Stanley tops estimates on strong equities and fixed income trading revenue
16/01/25 14:52 from Business
While bank stocks have been supported by enthusiasm for rising deal activity, it was actually the trading side that helped Morgan Stanley more in the quarter.