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Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report

Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report

Shoppers at the Glendale Galleria in Glendale, Calif., on Dec. 20, 2025, the final weekend of Christmas gift buying. Myung J. Chun | Los Angeles Times | Getty Images U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from […]

Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report Read More »

FDA approves first GLP-1 pill for obesity from Wegovy maker Novo Nordisk

FDA approves first GLP-1 pill for obesity from Wegovy maker Novo Nordisk

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Denmark, Nov. 24, 2025. Tom Little | Reuters The U.S. Food and Drug Administration on Monday approved the first-ever GLP-1 pill for obesity from Wegovy maker Novo Nordisk, a landmark decision that health experts

FDA approves first GLP-1 pill for obesity from Wegovy maker Novo Nordisk Read More »

Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not

Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not

Ted Sarandos, CEO of Netflix and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any higher.

Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not Read More »

The NBA is pursuing ownership groups for a potential basketball league in Europe

The NBA is pursuing ownership groups for a potential basketball league in Europe

NBA Commissioner Adam Silver speaks during a news conference following a meeting of the NBA’s board of governors at the Thomas & Mack Center on Tuesday, July 15, 2025, in Las Vegas. (Chase Stevens/Las Vegas Review-Journal/Tribune News Service via Getty Images) Chase Stevens | Las Vegas Review-journal | Getty Images The NBA is looking to

The NBA is pursuing ownership groups for a potential basketball league in Europe Read More »

Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1

Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1

Formula 1 cars and a circuit made with Lego are displayed at the 2025 Canadian International AutoShow at the Metro Convention Centre in Toronto, Feb. 21, 2025. Nurphoto | Getty Images Lego is rebuilding how consumers engage with motorsport brick by brick. In 2025, Lego kicked off a partnership with Formula 1 that brought officially

Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1 Read More »

Paramount guarantees Larry Ellison backing in amended WBD bid

Paramount guarantees Larry Ellison backing in amended WBD bid

US film producer David Ellison arrives for Paramount’s “Transformers: Rise Of The Beasts” premiere in New York City on June 5, 2023. Angela Weiss | Afp | Getty Images Paramount Skydance on Monday guaranteed the backing of billionaire Larry Ellison in an amended offer for Warner Bros. Discovery — a clear response to questions raised

Paramount guarantees Larry Ellison backing in amended WBD bid Read More »

Inside the dealmaking that pushed Trump to reclassify pot, expand access

Inside the dealmaking that pushed Trump to reclassify pot, expand access

President Donald Trump’s move Thursday to sign an executive order easing federal restrictions on marijuana — and clearing the way for a Medicare pilot program covering CBD — caps a coordinated, yearlong push by the cannabis industry that combined traditional lobbying, sizable political donations, data-driven messaging and direct outreach to the president’s inner circle, industry

Inside the dealmaking that pushed Trump to reclassify pot, expand access Read More »

Shoppers are focusing on quality, not deals, in the final days before Christmas

Shoppers are focusing on quality, not deals, in the final days before Christmas

While discounts drive purchasing in the early days of the holiday shopping season, consumers are shifting into more thoughtful, quality gifts in the back half of the season as total spending growth slows. U.S. consumers had spent $187.3 billion so far online between Nov. 1 and Dec. 12, up 6.1% from the same stretch last

Shoppers are focusing on quality, not deals, in the final days before Christmas Read More »

Nine of the largest pharma companies ink deals with Trump to lower drug prices

Nine of the largest pharma companies ink deals with Trump to lower drug prices

President Donald Trump signs an executive order aimed at reducing the cost of prescription drugs and pharmaceuticals by 30% to 80% during an event in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images Several of the largest U.S. and European-based drugmakers inked deals with

Nine of the largest pharma companies ink deals with Trump to lower drug prices Read More »

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