Category: Business
Musk Threatens Apple With Antitrust Lawsuit
Dispute centers on App Store rankings of Grok chatbot Elon Musk has accused Apple of engaging in antitrust violations by allegedly favoring OpenAI’s ChatGPT over [more…]
Novo Nordisk Slips on Q2 Miss and Copycat Drug Pressures
Weak Earnings Follow Downward Guidance Revision Novo Nordisk shares traded lower in premarket action Wednesday after the pharmaceutical company missed Wall Street expectations on both [more…]
Pfizer Lifts 2025 Profit Outlook on Strong Q2 Results
Better-than-expected earnings, cost cuts boost confidence Pfizer has raised its full-year profit forecast following a stronger-than-anticipated second quarter, citing effective cost reductions and improved performance [more…]
Swiss Watch Exports Face Major Blow From U.S. Tariffs
Luxury timepieces threatened by looming 39% trade penalty Switzerland’s prestigious watch industry is on edge as President Donald Trump prepares to impose a 39% tariff [more…]
Philips Cuts Tariff Impact Forecast After U.S.-EU Deal
New Agreement Halves Previously Expected Financial Hit Dutch health tech company Philips revised its estimated tariff impact downward on Tuesday following a new trade agreement [more…]
Whirlpool Gains Edge From U.S. Steel Tariffs
Bank of America Upgrades Stock Amid Onshoring Trend Whirlpool Corporation has emerged as a likely winner in the current wave of industrial onshoring, with Bank [more…]
Hasbro Beats Estimates Despite Toy Segment Struggles
Gaming Division Lifts Quarterly Results Hasbro exceeded Wall Street expectations for its fiscal second quarter, driven by strong performance in its digital gaming segment. The [more…]
Southwest Airlines Stock Sinks on Weak Q2 Results
Revenue and Profit Miss Drive Double-Digit Drop Southwest Airlines saw its stock plunge over 11% after posting second-quarter earnings and revenue that fell short of [more…]
Union Pacific and Norfolk Southern Explore Merger
Deal Would Create Largest North American Railroad Union Pacific and Norfolk Southern are in active merger discussions to form a coast-to-coast freight rail giant. If [more…]
Goldman Sachs Funds $270M Housing Project in Brooklyn
New Development Targets Housing Crisis in East New York Goldman Sachs will finance a $270 million affordable housing development in Brooklyn’s East New York neighborhood, [more…]
