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Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

The Johnson & Johnson logo displayed on a monitor. Sopa Images | Lightrocket | Getty Images Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry in the GOP reconciliation bill. Sen. Elizabeth Warren, D-Mass., and […]

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Streaming surpasses combined broadcast and cable viewing for first time ever

Streaming surpasses combined broadcast and cable viewing for first time ever

Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report. Streaming represented 44.8% of total TV viewership in May, its largest share to date, while broadcast (20.1%) and cable (24.1%) combined represented 44.2% of TV viewing, according to Nielsen’s The Gauge monthly report. Compared with

Streaming surpasses combined broadcast and cable viewing for first time ever Read More »

Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers

Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers

Homes under construction at the Toll Brothers Preserve at Folsom Ranch community in Folsom, California, US, on Thursday, March 6, 2025. T Bloomberg | Bloomberg | Getty Images Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders. Builder sentiment in June dropped 2

Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers Read More »

PGA Tour names NFL’s Brian Rolapp as CEO to succeed Commissioner Jay Monahan

PGA Tour names NFL’s Brian Rolapp as CEO to succeed Commissioner Jay Monahan

NFL chief media and business officer Brian Rolapp. Doug Murray | AP The PGA Tour on Tuesday named top NFL executive Brian Rolapp its next chief executive officer to succeed current Commissioner Jay Monahan. Monahan will begin to transition his day-to-day responsibilities to Rolapp and will step down at the end of 2026. Monahan said

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JetBlue to cut more flights, other costs with break-even 2025 ‘unlikely’ due to weaker travel demand

JetBlue to cut more flights, other costs with break-even 2025 ‘unlikely’ due to weaker travel demand

A JetBlue Airways Airbus A321-231 taxis at San Diego International Airport on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images JetBlue Airways CEO Joanna Geraghty told staff that the carrier is implementing a host of new cost cuts as softer-than-expected travel demand is making break-even operating margins this year unlikely. “We’re

JetBlue to cut more flights, other costs with break-even 2025 ‘unlikely’ due to weaker travel demand Read More »

Targeted cancer drugs may replace chemo for some patients — and drugmakers say they’re getting closer

Targeted cancer drugs may replace chemo for some patients — and drugmakers say they’re getting closer

Antibody drug conjugates (ADCs) are targeted medicines that deliver chemotherapy agents to cancer cells 3d rendering Love Employee | Istock | Getty Images Chemotherapy has long been a cornerstone of cancer treatment, saving millions of lives. But the pharmaceutical industry says a popular class of targeted cancer therapies could one day replace chemotherapy and its

Targeted cancer drugs may replace chemo for some patients — and drugmakers say they’re getting closer Read More »

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

Anna Barclay | Getty Images The long-running rivalry between the country’s top premium credit cards is about to heat up again. JPMorgan Chase announced last week that a refresh of its Sapphire Reserve — the travel and dining rewards card that went viral when it arrived in 2016 — was imminent. In response, American Express

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards Read More »

Starbucks moves to the next phase in its turnaround: Winning over employees

Starbucks moves to the next phase in its turnaround: Winning over employees

Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024. Jakub Porzycki | Nurphoto | Getty Images As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO

Starbucks moves to the next phase in its turnaround: Winning over employees Read More »

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