Breaking News: Business Archives | Page 99 Of 149

Auto groups lobby Trump administration against parts tariffs in rare unified message

Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts […]

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RTX, GE Aerospace expect more than billion tariff impact

RTX, GE Aerospace expect more than $1 billion tariff impact

Business News

Men work with a jet engine at General Electric (GE) Celma, GE’s aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil. YASUYOSHI CHIBA | AFP | Getty Images RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of

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Inside the billion berry startup backed by Ray Dalio’s family office

Inside the $1 billion berry startup backed by Ray Dalio’s family office

Business News

Sales of Fruitist’s jumbo blueberries have tripled over the last 12 months, according to the company. Source: Fruitist Berry unicorn startup Fruitist has surpassed $400 million in annual sales, thanks to the success of its long-lasting jumbo blueberries. The company, which was founded in 2012, announced on Tuesday that it is changing its name from

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Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say

Finance News

Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters Elon Musk is looking to put “proper value” on his artificial intelligence startup xAI, sources told CNBC’s David Faber. The comments came during a call with xAI investors last week, sources familiar

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Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems

Business News

Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted

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Chinese tea chain Chagee soars 30% in stock market debut

Business News

People are shopping at a CHAGEE store in Shanghai, China, on October 18, 2023. Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee soared 30% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on

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Netflix earnings are after the bell. Here’s what to expect

Business News

Beata Zawrzel | Nurphoto | Getty Images Netflix is due to report first-quarter earnings after the closing bell Thursday. The report marks the first time that the streaming giant isn’t disclosing quarterly subscriber data as it shifts its strategy to focus on revenue and other financial metrics as performance indicators. Netflix’s earnings also come as

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Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Finance News

Array from Precision Neuroscience. Source: Precision Neuroscience Neurotech startup Precision Neuroscience on Thursday announced that a core component of its brain implant system has been approved by the U.S. Food and Drug Administration, a major win for the four-year-old company. Precision is building a brain-computer interface, or a BCI, which is a system that decodes

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UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers

Business News

The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020. Mike Blake | Reuters UnitedHealth Group‘s stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its privately run Medicare plans. Those bleak results from

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers Read More »

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients

Business News

Eli Lilly on Thursday said its daily obesity pill met the company’s goals in the first of several late-stage trials, helping patients with Type 2 diabetes lower their blood sugar and body weight and showing safety comparable with popular injections on the market. The trial results are among the pharmaceutical industry’s most closely watched studies

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Auto groups lobby Trump administration against parts tariffs in rare unified message

RTX, GE Aerospace expect more than $1 billion tariff impact

Inside the $1 billion berry startup backed by Ray Dalio’s family office

Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems

Chinese tea chain Chagee soars 30% in stock market debut

Netflix earnings are after the bell. Here’s what to expect

Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients

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