A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company FlexJet, marking the latest push by the luxury industry […]
LVMH-backed investor group takes 20% stake in private jet company FlexJet Read More »
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images For well over a decade, Grace Hamilton, 27, experienced hair loss, heavy periods, infrequent menstrual cycles, mental health issues and difficulty losing weight without knowing why. It wasn’t until 2021 when she was diagnosed with
Weight loss drugs could be a gamechanger for women with a common hormonal disorder Read More »
Douglas Ingram, president and chief executive officer of Sarepta Therapeutics Inc., during the Forbes Healthcare Summit in New York, US, on Tuesday, Dec. 5, 2023. Michael Nagle | Bloomberg | Getty Images Shares of Sarepta Therapeutics plunged more than 30% on Friday as the future of its approved gene therapy treatment appeared at risk. The
Sarepta shares plunge 40% as future of its gene therapy appears at risk Read More »
A Delta Air Lines plane takes off at Reagan National Airport in Arlington, Virginia, on Dec. 24, 2021. Eric Lee | Bloomberg | Getty Images For United Airlines CEO Scott Kirby, there’s his airline, his carrier’s main rival, Delta Air Lines, and then everyone else. Delta and United accounted for more than 86% of the
Why Delta and United are pulling away from the airline pack Read More »
Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. The company updated its full-year revenue forecast, noting that it expects revenue to be between $44.8 billion and $45.2 billion, up from a range of $43.5 billion to $44.5 billion. Netflix’s higher forecasts reflects the weakening of the U.S.
Netflix posts earnings beat as revenue grows 16% in second quarter Read More »
Defense manufacturing startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel’s Founders Fund and Lux Capital. The machine parts company said it will use the funding to build a new 270,000 square foot factory in Mesa, Arizona, and expand its Torrance, California, location as it looks
A construction worker carries a sheet of OSB sheathing as he builds a roof on a residential homes in Irvine, California, U.S., March 28, 2025. Mike Blake | Reuters The nation’s homebuilders continue to see weakening demand from potential buyers concerned about the broader economy. As a result, they are cutting prices at the highest
Homebuilders are slashing prices at the highest rate in 3 years Read More »
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Legacy media is in a time of tumult. And it’s bringing a new crop of decision-makers to the fore. In an industry
As media reckons with strategic shifts, a new crop of leaders is coming into play Read More »
An autonomous robotaxi from Uber’s partnership with Lucid and autonomous vehicle startup, Nuro. Courtesy: Nick Twork | Lucid Uber on Thursday announced a partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear. As part of the partnership, the ride-hailing company is teaming up
Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company Read More »
General views of Sleeping Beauty Castle at Disneyland on April 06, 2024 in Anaheim, California. Aaronp/bauer-griffin | Gc Images | Getty Images The “Happiest Place on Earth” turns 70 this week. Disneyland, a pillar of the Anaheim, California, community since 1955, was a passion project of founder Walt Disney, a place where adults and their
Disney’s spent 70 years funneling IP into its theme parks. Here’s why it works Read More »
