President Donald Trump and nine major pharmaceutical companies announced agreements to lower the cost of medications for cash payers and the government’s Medicaid program on Friday, bringing U.S. costs into line with those of other wealthy countries. Bristol Myers Squibb…
China now has 3.75 terawatts of power generation capacity, nearly three times more than the U.S., which has 1.30 terawatts, according to the power energy capacity cited by market commentator The Kobeissi Letter on Friday. China is dominating the worldwide…
The Delaware Supreme Court reinstated Elon Musk's 2018 Tesla Inc. (NASDAQ:TSLA) compensation plan on Friday, reversing a lower-court ruling. Court Reverses Lower Ruling, Restores Historic Pay Deal The Delaware Supreme Court overturned a 2024 decision that had voided Musk's 2018…
Canada and the United States will commence formal discussions to review their free trade agreement in mid-January, according to a statement from the office of Canadian Prime Minister Mark Carney late Thursday. The move comes as the United States-Mexico-Canada Agreement…
Medtronic‘s (NYSE:MDT) diabetes unit, MiniMed Group, filed for a U.S. initial public offering (IPO) on Friday, as part of its separation from the medical devices maker. The Northridge, California-based company reported a net loss of $21 million on net sales…
Starbucks Corp. (NASDAQ:SBUX) on Friday named Anand Varadarajan its new chief technology officer, starting Jan. 19. Varadarajan joins the world’s largest coffee chain from Amazon.com Inc. (NASDAQ:AMZN), where he spent nearly 19 years. Most recently, he led technology and supply…
In the current session, the stock is trading at $554.25, after a 2.42% increase. Over the past month, Elbit Systems Inc. (NASDAQ:ESLT) stock increased by 17.00%, and in the past year, by 111.40%. With performance like this, long-term shareholders are…
While artificial intelligence has undeniably represented one of the most transformative technologies of our time, the impact hasn't been felt evenly — just look at ServiceNow Inc (NYSE:NOW) as an example. As an enterprise-focused cloud computing platform, ServiceNow runs and…
TikTok may well remain an uninvestable security, but its newest survival strategy in the U.S. is having ripple effects throughout public technology stocks and the ETFs that track them. The short-video platform has reportedly signed binding agreements to form a…
The stock market ended a volatile week with gains, lifted by easing inflation and upbeat corporate results, even as rising unemployment and fragile consumer sentiment raised fresh doubts about the economy’s strength in the fourth quarter. Major indexes regained footing…