Judge rejects J&J, Bristol Myers Squibb challenges to Medicare drug-price negotiations
The decision is another win for the Biden administration in a bitter legal fight with several drugmakers over the constitutionality of the price talks.
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Biden administration faces onslaught of lawsuits as business groups claim regulatory overreach
The Biden administration faces a wave of lawsuits targeting its regulatory agenda, as business groups argue federal agencies are overstepping their authority.
DJT: Why Trump Media shares closed more than 12% higher
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.
Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
Amazon has poured money into smaller, metro fulfillment centers so it can deliver more packages to customers in a day or less.
Watch now: ETF Edge on most of the good with none of the bad? Is 100% downside protection possible?
Supreme Court won't let former Trump aide Peter Navarro out of jail while he appeals sentence
The Supreme Court denied a request by ex-Donald Trump advisor Peter Navarro to get out of jail while he appeals his four-month sentence for defying a subpoena.
World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' — not out
Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on ESG factors.
All the data so far is showing inflation isn't going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.
American Airlines cuts some international flights into 2025, citing Boeing delivery delays
American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.
A CVS Health pharmacy in Vegas becomes first to join new national pharmacy union
Dozens of pharmacy staff at the Las Vegas branch of CVS's Omnicare will now join the Pharmacy Guild, which will represent them in labor negotiations with CVS.
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
Starbucks, Workers United made 'significant progress' in this week's contract talks
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.
Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge
Ashley Biden, the daughter of President Joe Biden, asked a judge to sentence the woman who stole her diary to prison, an unsealed letter shows.
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate
The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Antony Blinken said.
FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder
The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B.
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