Cassava Paying $40 Million to Settle Doctored Alzheimer's Drug Data Claims
The Securities and Exchange Commission alleged that a researcher for the company manipulated trial data to make its drug results...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Newsmax and Smartmatic Settle Defamation Lawsuit Over False 2020 Election Claims
A trial in the case was set to begin Sept. 30, while Smartmatic has a separate suit pending against Fox...
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million....
Hoda Kotb to Step Down as Co-Host of NBC's 'Today' Show
The veteran journalist, who has worked at the network for 26 years, would be working on the show through the...
What's the Difference Between Sustainable Fund Managers and Other Fund Managers? Not Much
Study finds that both sets of managers behave similarly, which suggests the sustainable impact might not be as big as...
Southwest Raises Revenue Forecast, Plans Share Buyback in Activist Battle
The airline’s first flights with assigned seats are scheduled to take off in 2026, among a series of radical changes...
The Addiction to Discounting at Michael Kors Is Exposed in Court
The antitrust trial over Kors’s proposed merger with Coach-owner Tapestry shows how far the handbag maker has fallen. Source link
Commerzbank Confirms Independent Strategy Ahead of Talks With UniCredit
The German lender said it planned to improve its profitability and boost shareholder returns as it grapples with a possible...
Fed's Rate Cut Is Jolting Small Businesses to Spend Again
From restarting expansion plans to boosting marketing, some entrepreneurs are preparing for lower borrowing costs. Others say not so fast....
H&M to Miss Margin Target as Higher Costs Hurt Earnings
H&M won’t hit a key profitability target this year but said sales momentum picked up through July and August before...
Diageo Backs Targets; Warns of Continued Challenges
The spirits maker confirmed its outlook for the near and medium term, but cautioned that a tough consumer backdrop means...
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift
The chemicals giant cut its annual dividend and opened the door to selling noncore assets, including a potential listing of...
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing...
Nokia Says German Court Ruled in its Favor Over Amazon Patent Dispute
Nokia had claimed the unauthorized use of its video-related technologies in streaming services and devices by Amazon. Source link
Will AI Make Job Recruiting More Efficient—but Less Fair?
We asked readers what they think about companies that are relying more on artificial intelligence to screen candidates. Are the...
He Worked at the Charlotte Observer. Now He Wants to Buy It.
Local entrepreneur Ted Williams offered a detailed plan to revitalize the paper, complete with a budget. Source link
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country. Source...
Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers
The 20-year deal with Constellation Energy would kick-start the site of the nation’s worst nuclear accident. Source link
The Price War in Weight-Loss Drugs Is Here
Novo Nordisk and Eli Lilly are offering discounts to encourage more insurance coverage of the medicines, which carry price tags...
Japan Gears Up for More Than $3 Billion of IPOs in October
Two Japanese companies will soon start testing investors’ appetite for their shares, with one of the listings likely to be...
