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Tag: Business

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy...

Novo Nordisk’s diabetes drug Ozempic may reduce the risk of Alzheimer’s disease, study says

Steve Christo - Corbis | Corbis News | Getty ImagesNovo Nordisk's blockbuster diabetes drug Ozempic may reduce the risk of developing Alzheimer's disease,...

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019.Noah...

New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion

Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg...

Novo Nordisk asks FDA to ban compounding pharmacies from making Ozempic, Wegovy copies

Novo Nordisk on Tuesday asked the Food and Drug Administration to prevent compounding pharmacies from making unapproved and often cheaper versions of its...

AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.The...

Inside the fall of 23andMe

Nasdaq Jeff Thomas Senior Vice President and Anne Wojcicki, 23andMe Co-Founder & CEO pose with an opening ceremony gift before the remote ringing...

New Boeing CEO to give clues on company’s future, while striking workers vote on new contract

Ryan Bergh, a machinist at Boeing's factory in Everett, Washington for 10 years, cheers during a strike rally for the International Association of...

Drug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care

President Donald Trump talks to the press outside the White House, July 19, 2019, left, and Democratic presidential nominee and U.S. Vice President...

Embraer CEO says jet maker studying possibilities for a new aircraft

Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May...

Spirit Airlines extends debt refinancing deadline hours before expiration

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell...

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Airplane fuselages bound for Boeing's 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc., in...

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter...

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase...

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