In this article REGN Follow your favorite stocksCREATE FREE ACCOUNT Regeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White House said on Thursday. The biotech company will also offer the first hearing-loss gene therapy for free to eligible U.S. patients following regulatory approval…
Warner Bros. Discovery CEO David Zaslav‘s compensation tied to the company’s pending merger with Paramount was rejected by an eye-opening 82% of shareholders, the company said Thursday. Earlier in the day, the company convened a special shareholder meeting. Executives during the brief session noted that Zaslav’s pay package, which could wind up being as much…
Washington — Chevron’s chief executive predicted travelers could see airline fares rise and fewer flights available in the coming weeks, as the standoff with Iran over the Strait of Hormuz continues to rattle global markets and drive up the price of fuel. “We’ve seen some upward pressure on gasoline prices now. I think aviation is…
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Nike is moving ahead with yet another round of layoffs amid a laborious restructuring process. On Thursday, Nike Inc. chief operating officer Venkatesh Alagirisamy revealed the news in a memo, which stated the move was part of the “next phase” of the company’s “Win Now” turnaround plan. All told, the company confirmed to FN that…
“What we are watching for: is how might those prices fall? Will there be a sharp adjustment downwards? And if there is such an adjustment, how will that affect the economy? I’m not saying it will happen today, tomorrow, in 12 months’ time. It’s ensuring that if it happens the system is resilient.”
President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop. The president confirmed his continued interest in offering Spirit a financial lifeline after a lawyer told a U.S. Bankruptcy Court that the airline was in advanced talks with…
ADVANCING MOST-FAVORED-NATION (MFN) PRICING: Today, President Donald J. Trump announced the 17th agreement with a major pharmaceutical manufacturer, Regeneron, to lower prescription drug prices that Americans pay for some of the world’s most innovative drugs, in line with the lowest prices paid by other developed nations (known as the most-favored-nation, or MFN, price). The…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Citadel rebuked New York City Mayor Zohran Mamdani for singling out Chief Executive Officer Ken Griffin in a push for a new pied-à-terre tax, escalating a public dispute…
In this article @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT President Donald Trump speaks during a health-care affordability event in the Oval Office of White House in Washington, April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while”…
It’s been a nerve-wracking few days for travelers with upcoming trips to Europe, including those planning to make the transatlantic trek for the upcoming summer travel season. Concerns over a growing shortage of jet fuel on the continent have raised fears about potential flight cancellations if things don’t improve. This week, European Union leaders said…
A picture taken on March 12, 2017, shows a view of an oil facility in the Khark Island, on the shore of the Gulf. Atta Kenare | Afp | Getty Images Brent oil prices jumped more than 3% on Thursday, as tensions run high in the Strait of Hormuz with the U.S. and Iran enforcing…
A worker in the Port Authority truck that sparked last month’s deadly crash with an Air Canada plane at LaGuardia Airport told investigators he heard a controller repeatedly call out “stop” before the collision. But due to a flurry of communication meltdowns, he didn’t know the order was directed at his vehicle, according to a…
Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence. The company is also closing around 6,000 open roles, Janelle Gale, Meta’s chief people officer, wrote in a memo published by Bloomberg…
Friday, April 24, 2026 6:00PM LOS ANGELES (KABC) — Millions of Capital One customers could soon see a boost to their bank accounts after a federal judge approved a $425 million lawsuit settlement following a two-year court battle. The bank was accused of steering customers away from savings accounts that offered higher interest rates. The…
Microsoft Corp (NASDAQ:MSFT) shares tumbled on Thursday, after the company outlined a major overseas AI infrastructure push that also spotlights the scale of near-term spending. Microsoft Commits to $18 Billion In Australian AI Infrastructure Microsoft committed A$25 billion (about $18 billion) to Australia through 2029 to expand AI infrastructure and cyber defense, including plans tied…
A judge this week approved a $425 million settlement in a class action lawsuit against Capital One — with payouts going to eligible Capital One customers. The class action lawsuit stems from interest rates that Capital One paid to savings account customers. In short, Capital One originally offered a 360 Savings Account before introducing the…
OpenAI on Thursday released GPT-5.5, its newest AI model, which the company calls its “smartest and most intuitive to use model” yet. The algorithm comes with increased capabilities in a multitude of areas, with OpenAI co-founder and president Greg Brockman claiming that it also brings the company one step closer to the creation of OpenAI’s…
Intel (INTC) stock closed up roughly 24% Friday following a first quarter earnings report that beat analysts’ expectations on the top and bottom lines and provided better-than-anticipated Q2 guidance on strong data center sales. Intel said on Thursday that it expects revenue of between $13.8 billion and $14.8 billion for the second quarter. Wall Street…
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh…
What happened: ServiceNow (NOW) stock plunged 17% in early trading on Thursday, fueling a broader sell-off across software stocks. Other software stocks, including Salesforce (CRM), Oracle (ORCL), and Adobe (ADBE), also traded lower. What’s behind the move: The enterprise software company met first quarter earnings expectations but said the Middle East conflict delayed some subscription…
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT People is reflected on a Microsoft store in Manhattan on March 31, 2026, in New York City. Zamek | View Press | Corbis News | Getty Images Microsoft will offer voluntary buyouts to some U.S. employees, a first for the 51-year-old software giant, as the…
One of the world’s wealthiest men and a fashion tycoon who Donald Trump counts among his most prominent international admirers has delivered a stark warning to the president. Bernard Arnault, CEO of LVMH and the fifth-richest person on the planet, told shareholders at the company’s annual general meeting in Paris that the conflict in Iran…
NEW YORK (AP) — U.S. stocks pulled back from their record heights on a shaky Wall Street Thursday following mixed profit reports from Tesla and other big companies. Oil prices, meanwhile, jumped on worries about what will happen next in the war with Iran. The S&P 500 fell 0.4% and halted a weekslong rally that…
NEW YORK (AP) — An $81 billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line. On Thursday, Warner Bros. Discovery said the overwhelming majority of its stakeholders voted in support of selling Paramount for $31 a…
Artificial Intelligence has evolved from a theoretical concept to a prevailing element of daily life. And while the generative AI boom has brought significant improvements to our society, Mythos, Anthropic’s most advanced model, should be a clarion call to address weaknesses in our cyber ecosystem. Anthropic’s own cyber experts have called the model “too powerful…
In this article CAR Follow your favorite stocksCREATE FREE ACCOUNT Australia, Queensland, Brisbane Central Business District, Mary Street rental car agencies competing signs Avis Budget rent. Jeff Greenberg | Universal Images Group | Getty Images There’s a ‘CAR’ crash on Wall Street and it’s reminding some traders of GameStop. Shares of Avis Budget Group, ticker…
Interest payments on the U.S. national debt are set to surpass $1 trillion in 2026, some $88 billion a month—equal to spending on defense and education combined. The economy has tripped past this point before: That is, there have been brief periods in history when service payments on the debt have outweighed military spending, for…
WASHINGTON, April 23 (Reuters) – The number of Americans filing claims for unemployment benefits increased slightly last week, pointing to continued labor market stability in April, though economic uncertainty and higher prices stemming from the war with Iran pose downside risks. Initial claims for state unemployment benefits rose 6,000 to a seasonally adjusted 214,000 for…
As expected, Warner Bros. Discovery shareholders gave the green light to Paramount Skydance‘s $111 billion deal to acquire the media company — moving David Ellison one step closer to controlling a new Hollywood empire. But investors weren’t OK with the lavish golden parachutes that CEO David Zaslav and other WBD top brass are set to…
In this article HXSCL SSNHZ SSNHZ Follow your favorite stocksCREATE FREE ACCOUNT A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images South Korean memory chip giant SK Hynix posted yet another quarter of…
By Harshita Mary Varghese April 23 (Reuters) – Netflix said on Thursday its board has authorized an additional $25 billion share repurchase program, resuming capital returns after the streaming giant walked away from a $72 billion deal to buy Warner Bros Discovery’s assets. Its shares rose 1.5% in premarket trading. Invest in Gold Powered by…
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines flight lands at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., Nov. 7, 2025. Nathan Howard | Reuters American Airlines on Thursday cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs…