Tag: business news
GM and Hyundai to Explore Co-Development and Manufacturing of Vehicles
General Motors and Hyundai Motor Group have signed an agreement to explore future collaboration across key strategic areas. The goal is to reduce capital spending and increase efficiencies by potentially
DetailNoom Introduces GLP-1 Drug Option in Innovative Weight Loss Program
Noom, a digital health company, has announced a new weight loss product featuring a compounded GLP-1 drug starting at $149. The treatment includes compounded semaglutide, the same active ingredient in
DetailWill the Fed Cut Rates by 0.5% in September? Market Speculation Grows
Federal Reserve Chair Jerome Powell has hinted at an imminent interest rate cut, prompting market speculation on the timing and magnitude of the potential cut. Traders are pricing in a
DetailSpaceX Makes History with First Spacewalk by Polaris Dawn Crew
SpaceX successfully completed its first spacewalk, marking a historic milestone for the private company. The spacewalk was part of the Polaris Dawn mission, where civilians Jared Isaacman and Sarah Gillis
DetailWorrying Signal for Economy as Sausage Demand Rises
An increase in sausage demand may indicate that consumers are looking for more affordable options amidst rising prices. According to the Texas Manufacturing Outlook Survey from the Dallas Federal Reserve,
DetailHarvey 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
DetailTop technology companies in the stock market: Research on BA, DELL, MRK and more
Boeing’s shares surged 4% in premarket trading after reaching a deal with a union representing its factory workers, potentially avoiding a costly strike. MarineMax also saw a 6% jump in
DetailFederal Reserve Shifts Focus to Employment Mission
Federal Reserve officials are shifting their focus from Inflation to concerns about unemployment, as recent data indicates a potential slowdown in the labor market. Economic indicators suggest that unemployment may
DetailLenacapavir by Gilead demonstrates 96% reduction in HIV infections in clinical trial.
A recent study has shown that Gilead’s new HIV prevention injectable drug, lenacapavir, has proven to reduce HIV infections by 96%. This positive phase-three trial data indicates the potential approval
DetailTop Stocks to Watch: PLTR, SMMT, and JBLU
Palantir Technologies and Dell Technologies saw significant gains in midday trading, with Palantir jumping 14% and Dell rising nearly 4% after the announcement that both Stocks would join the S&P
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