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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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Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

A Tesla Cybertruck sits on a lot at a Tesla dealership on April 15, 2024 in Austin, Texas.  Brandon Bell | Getty Images Tesla shares slid more than 2% Tuesday after a report that the electric vehicle maker was halting production of Cybertruck and Model Y models for a week in Austin, Texas. The production

Tesla stock slips after report EV maker is halting Cybertruck and Model Y production 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 »

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 »

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 »

Boeing Dreamliner crash, military escalations darken mood at Paris Air Show

Boeing Dreamliner crash, military escalations darken mood at Paris Air Show

The Boeing 787-9 civil jet airplane of Vietnam Airlines performs its flight display at the 51st Paris International Airshow in Le Bourget near Paris, France. (Photo by: aviation-images.com/Universal Images Group via Getty Images) aviation-images.com | Universal Images Group | Getty Images Kelly Ortberg’s first Paris Air Show as Boeing CEO was set to be relatively

Boeing Dreamliner crash, military escalations darken mood at Paris Air Show Read More »

Anne Wojcicki to buy back 23andMe and its data for 5 million

Anne Wojcicki to buy back 23andMe and its data for $305 million

23andMe Founder and Board Member Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing on June 10, 2025 in Washington, DC. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute,

Anne Wojcicki to buy back 23andMe and its data for $305 million Read More »

Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut

Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut

The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty Images Shares of Brazilian meat giant JBS rose during their U.S. public market debut on Friday. The opening trade of $13.65 per share values the company at roughly $30 billion, outstripping rival Tyson Foods’ market

Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut Read More »

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