CNN announces about 200 layoffs as it attempts to modernize business
Warner Bros. Discovery’s CNN has announced a reduction of approximately 6% of its workforce, equivalent to about 210 employees, as…
Author: DOC EDITOR
UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
UBS shares declined following the bank’s fourth-quarter results and announcement of up to $3 billion in share buyback plans, which…
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
In this article, Walgreens reported fiscal first-quarter earnings and revenue that exceeded expectations by shutting stores and reducing costs to…
Pharma is hopeful about Trump’s second term — here’s what to expect for drugmakers
Pharmaceutical companies are optimistic about their growth prospects under a Trump administration following former President Joe Biden’s tough stance on…
FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S.
In this article, the Food and Drug Administration has approved Eli Lilly’s weight loss drug Zepbound for treating patients with…
FDA proposes ending use of decongestant found in many cold, allergy medicines
The Food and Drug Administration has proposed discontinuing the use of oral phenylephrine, a common ingredient in many over-the-counter cold…
UK inflation falls sharply to 1.7%, below Bank of England target for first time in over three years
In the U.K., inflation fell sharply to 1.7% in September, according to the Office for National Statistics. This has increased…
Planet lands $230 million contract for Pelican imagery satellites
In this article, satellite imagery and data analysis company Planet revealed that it had secured a $230 million contract on…
Starbucks shakes up its leadership again, adding two former Taco Bell executives
In this article, Starbucks announced another stage in its leadership shake-up on Tuesday. CEO Brian Niccol will bring in two…