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U.S. investors, Big Pharma race to find new medicines in China
A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an "unprecedented" achievement: its experimental cancer drug looked more effective than Merck's Keytruda in a clinical trial. The company,…
Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November…
CFPB’s new leadership begins staff purge with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019.Jonathan Ernst | ReutersThe Consumer Financial Protection Bureau sent…
Super Bowl 59 attracts record 127.7 million viewers
Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59.Mike Segar | ReutersThe Philadelphia Eagles weren't the only ones that scored big at the Super…
Coca-Cola sales easily top estimates as global demand rises
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, as global demand for its drinks rose.Shares of the company climbed nearly 5% for the day.Here's what Coca-Cola reported for the quarter…
CFPB heads of supervision and enforcement announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a US Senate Homeland Security and Governmental Affairs Committee hearing on his second nomination to be OMB director, on…
Shares of Coach parent Tapestry spike 12%, as holiday sales soar after merger collapse
The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024.Charly Triballeau | AFP | Getty ImagesShares of Coach parent Tapestry rose about 12% on Thursday after the company beat holiday-quarter sales expectations and…
How a CEO’s exit and a Jeep ‘comeback’ led to Stellantis being the only automaker…
Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during StellantisStellantisDETROIT — A CEO's exit, electric vehicles making the industry run around like "headless chickens" and a company's…
Trump is unlikely to end Medicare drug price talks — here’s what that means for patients
President Donald Trump arrives in the Brady Press Briefing Room at the White House on Jan. 30, 2025 in Washington, DC.Oliver Contreras | Afp | Getty ImagesPresident Donald Trump likely won't do away with a landmark process that allows…
NCAA bars transgender women from competing in women’s sports
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena.Charles LeClaire-USA TODAY SportsThe National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy…