Business News Archives | Page 77 Of 146

Pfizer expands cost cuts, tops quarterly profit estimates even as sales fall

The Pfizer logo is seen outside the pharmaceutical company’s manufacturing plant, in Newbridge, Ireland February 10, 2025. Clodagh Kilcoyne | Reuters Pfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as the company’s sales fell, largely due to dwindling revenue for its antiviral Covid pill Paxlovid. The company previously […]

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Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40%

Business News

The “Wegovy” brand slimming syringe is sold in the Achat pharmacy in Mitte. The “Wegovy” slimming syringe has been available in Germany for a year. Jens Kalaene | Picture Alliance | Getty Images Novo Nordisk on Tuesday said it will offer its weight loss drug Wegovy through telehealth providers Hims & Hers Health, Ro and

Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40% Read More »

SoFi CEO says fintech bank is bringing back crypto investing

Business News

Anthony Noto, CEO of SoFi. Adam Jeffery | CNBC SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing after a “fundamental shift” in the regulatory landscape under the Trump administration. SoFi was forced to drop crypto investing in late 2023 as a condition of receiving a bank charter in a time of heightened

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Donald Trump Jr. co-founds new private members club, Executive Branch, with a 0,000 fee

Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee

Business News

A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there’s already a waiting list. The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump’s administration as well as wealthy

Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee Read More »

NFL’s Washington Commanders return to D.C. in .7 billion stadium deal

NFL’s Washington Commanders return to D.C. in $3.7 billion stadium deal

Business News

A detail view of a Washington Commanders helmet on the field during a game against the Los Angeles Rams at SoFi Stadium on December 17, 2023 in Inglewood, California. Ric Tapia | Getty Images The Washington Commanders are headed back to the District of Columbia. The NFL franchise announced Monday that it had struck a

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Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

Business News

Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items Read More »

Wealthy consumers upped their spending last quarter, while the rest of America is cutting back

Business News

Lightfieldstudios | Istock | Getty Images America, at the start of 2025, is a tale of two consumers. Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks including dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. As anxiety

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Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs

Business News

In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when

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Plane tickets are getting cheaper as domestic travel demand weakens

Business News

Is a recession brewing in row 33? Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is coming in lighter than they had hoped when they set forecasts high at the start of 2025. On a series of earnings calls, they said the reasons range from President Donald Trump’s whipsawing tariff

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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

Business News

People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images A growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday. The figures

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says Read More »

Pfizer expands cost cuts, tops quarterly profit estimates even as sales fall

Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40%

SoFi CEO says fintech bank is bringing back crypto investing

Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee

NFL’s Washington Commanders return to D.C. in $3.7 billion stadium deal

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

Wealthy consumers upped their spending last quarter, while the rest of America is cutting back

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs

Plane tickets are getting cheaper as domestic travel demand weakens

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

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