Tag: Breaking News: Business
Harvey Weinstein indicted on new charges by New York grand jury: Latest developments
Former film producer Harvey Weinstein has been indicted on new charges by a New York City grand jury. The specifics of the charges are currently under seal, with prosecutors informing
DetailDirecTV and Disney Reach Agreement to End Blackout Before College Football Season
DirecTV has reached a deal with Disney to bring back Disney’s ESPN and other channels to its customers after a two-week blackout. The agreement comes just in time for college
DetailPositive results from midstage trial of Pfizer’s cancer cachexia drug
Pfizer announced positive results from a midstage trial of its experimental drug for cancer cachexia, a condition that causes cancer patients to lose weight and appetite. The drug, ponsegromab, showed
DetailMajor Cost Savings and Product Launches Ahead: $1 Billion in Cuts, 10 New Products on the Horizon
Moderna announced plans to slash $1.1 billion in expenses by 2027 and introduce new products following a decline in its Covid business. The biotech company aims for 10 new product
DetailBoeing workers vote on new contract renegotiation amid strike threat
Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,
DetailFord’s Pro Division CEO Announces Retirement
Ford Motor’s Ford Pro commercial and fleet business will see a change in leadership at the end of this month. After 35 years with the company, CEO Ted Cannis will
DetailInvestor Paulson warns of market crash if Harris enacts new policies
Hedge fund billionaire John Paulson, known for his successful bets against the housing market during the financial crisis and a vocal supporter of former President Donald Trump, expressed concerns about
DetailShein and Temu Prices Set to Increase Following Biden De Minimis Proposal Rewrite
A man passing by the headquarters of fast fashion e-commerce company Shein in Guangzhou, China, may soon face higher prices due to potential changes in trade laws. The Biden administration
DetailAircraft production at risk as strike threatens recovery
Boeing CFO Brian West expressed concerns about the impact of a labor strike that commenced after workers rejected a new contract and walked off the job. The strike is expected
DetailJeep CEO implements strategic plan to reverse sales declines.
Jeep Wagoneer S Trailhawk EV concept Stellantis’ Jeep brand is setting its sights on achieving 1 million vehicle sales domestically by 2027, despite facing challenges in recent years. The brand,
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