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Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China
Sopa Images | Lightrocket | Getty ImagesMerck on Tuesday issued full-year 2025 revenue guidance that fell short of Wall Street's expectations, as the company temporarily paused shipments of a key vaccine into China. Shares of Merck fell…
Trump’s tariffs could threaten Hollywood production, box office recovery
The Hollywood sign in Los Angeles on Jan. 22, 2024Mario Tama | Getty Images News | Getty ImagesLOS ANGELES — President Donald Trump picked a fight with Hollywood's best friend.Known as Hollywood North, Canada has been a bustling…
Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups
Shana Novak | Stone | Getty ImagesPresident Donald Trump's steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise health-care costs for patients and threaten cash-strapped generic drugmakers,…
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Igor Golovniov | Lightrocket | Getty ImagesCable giant Comcast is looking to the wireless business for growth.Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000…
LVMH watch and jewelry CEOs see luxury sales picking up in 2025
After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company's brand CEOs.In its earnings call this week, LVMH…
Honda’s new EV production revolution begins with $1 billion investment in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker's assembly plant in Marysville, Ohio. Michael Wayland / CNBCMARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a…
Billionaire family offices kick off 2025 with investments in AI, health care
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Europe's richest…
WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion
The Renaissance Center (complex of skyscrapers with the Chrevrolet sign) by the Detroit River.Roberto Machado Noa | Lightrocket | Getty ImagesAs cities across the country vie for the next Women's National Basketball Association team, the…
Shein ramps up charm offensive as London IPO nears
A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein's Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | ReutersShein is ramping up its charm offensive again as the…
FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, as seen from Virginia on…