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Tag: Business

Moderna to cut $1.1 billion in costs and launch 10 new products by 2027 as it charts post-Covid future

Moderna headquarters, exterior view, Cambridge, Massachusetts, USA. Plexi Images | GHI | UCG | Universal Images Group | Getty ImagesModerna on Thursday said it plans...

Eli Lilly to invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer’s drugs

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty...

China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices

An exterior view of the U.S. Capitol in Washington, DC on September 9, 2024. Members of the Senate and U.S. House of Representatives...

Bill Gates-backed startup says a global gold rush for buried hydrogen is picking up momentum

The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in...

Norfolk Southern CEO Alan Shaw replaced by CFO after alleged affair with legal chief

Norfolk Southern former Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response...

Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.David...

Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection

A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty ImagesBurgerFi filed for Chapter 11 bankruptcy protection...

Mortgage rates hit lowest level since February 2023

LARKSPUR, CALIFORNIA - NOVEMBER 30: A sign is posted in front of a home for sale on November 30, 2023 in Larkspur,...

How retailers and media companies are teaming up to bring live shopping to the 2024 VMAs

When viewers tune in to the 2024 MTV VMAs on Wednesday night, they'll be able to shop the outfits and designer looks they're...

Women’s sports are on an upward trajectory as fans, brands engage

Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at...

New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump

Brian Niccol, incoming CEO of StarbucksAnjali Sundaram | CNBCNew Starbucks CEO Brian Niccol will focus on improving the chain's U.S. business in his...

Volkswagen scraps a slew of labor agreements as standoff with unions intensifies

Employees leave the Volkswagen plant in Zwickau after a works meeting. Europe's largest car manufacturer had announced that, in view of the worsening...

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in...

SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability

Green tea pod is visible inside a Keurig brand coffee maker, Lafayette, California, December 17, 2022. Photo courtesy Sftm. Gado | Archive Photos |...

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