Men stand near a billboard depicting an Israeli-flagged commercial ship on fire after it was struck by Houthi-allied Yemeni naval forces on a street on January 10, 2024 in Sana’a, Yemen. Mohammed Hamoud | Getty Images A container ship owned and operated by the United States was hit by an anti-ship ballistic missile from Houthi-controlled … Read more
Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance | Getty Images SAN FRANCISCO – Established but a promising group of cancer drugs was a hot market in 2023, and more companies could look to treatments to fuel growth in the coming year. That … Read more
Build My Burgers founder Aly Lalani always knew the typical desk job wasn’t for him. He wanted something more challenging and unpredictable. The 38-year-old has worked in the restaurant industry for the past 16 years, spending most of that time employed by other people — until 2021, when he opened Build My Burgers in Orlando, … Read more
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s US trading session as the most valuable publicly traded company, surpassing Apple after briefly outperforming the iPhone maker during intraday trading on Thursday. Microsoft shares climbed more than 3% for the week, bringing the company’s market capitalization to $2.89 trillion, while … Read more
Former US President Donald Trump waits for closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, the US, on January 11, 2024. Shannon Stapleton | Reuters A New York judge on Friday ordered Donald Trump to pay The New York Times … Read more
Check out the companies that made headlines in pre-market trading. Tesla — Shares of the electric car maker fell more than 3% in premarket trading after Tesla cut prices of both the Model 3 and Model Y in China a day earlier. Tesla also said its Berlin manufacturing plant will face outages due to shipping … Read more
Delta Air Lines closed the year by doubling its quarterly profit as demand for travel, especially international travel, helped drive record revenue in 2023. CEO Ed Bastian said continued strong travel demand could boost earnings this year. Still, the company cut its full-year profit outlook from a previous forecast, and shares fell 9% on Friday, … Read more
CVS Health plans to close select pharmacies inside target stores earlier this year, a company spokesman said Thursday, as retail drugstore chains in the U.S. struggle to boost profits. The closures will begin in February and end by the end of April, the spokeswoman said in a statement. She added that employees affected by the … Read more
The trial of former President Donald Trump, his two sons and the Trump Organization has ended in New York. Manhattan Supreme Court Justice Arthur Engoron adjourned Thursday after more than five hours of closing arguments. Now Engoron will consider whether to grant the attorney general’s request to fine Trump $370 million, ban him from the … Read more
Jane Fraser CEO, Citi, speaks at the Milken Institute 2023 Global Conference in Beverly Hills, California, on May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that the charges associated with the drop in the Argentine peso as well as the bank’s reorganization were much higher than the company’s chief financial officer … Read more