Eli Lilly Sues Four Telehealth Providers Over Compounded Versions of Tirzepatide
Eli Lilly has initiated legal proceedings against four telehealth companies for allegedly promoting and selling compounded versions of tirzepatide, th...
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Business
Global economy, companies, markets, and financial trends.
Elon Musk Takes Charge at DOGE, Sparking Controversy and Change
In a recent interview with 'Special Report', Elon Musk discussed his controversial leadership role at DOGE and the impacts of federal cost-cutting mea...
Chobani’s Billion-Dollar Bet on American-Made Dairy: A Game-Changer for Upstate New York
Chobani’s founder and CEO, Hamdi Ulukaya, has announced a groundbreaking investment of $1.2 billion to establish a new state-of-the-art dairy facility...
Automotive Industry Leaders Unite Against Tariffs Threatening Production and Jobs
In an unprecedented move, six leading policy groups from the U.S. automotive industry have come together to lobby against the impending 25% tariffs on...
Trump Predicts Quick Deal with China, Averts Trade Toughness in Tariff Talks
In recent statements, President Donald Trump expressed optimism about achieving a quick resolution to the ongoing tariff negotiations with China, asse...
Trump Administration to Phase Out Synthetic Dyes in Food Supply
In a significant policy shift, the Trump administration has announced its intention to phase out synthetic dyes commonly used to enhance the color of ...
Tesla CEO Elon Musk confirms time spent with DOGE will drop ‘significantly’
In a recent earnings call for Q1 2025, Tesla CEO Elon Musk announced that his time allocation towards the Department of Government Efficiency (DOGE) w...
Capital One Shares Surge After Strong First-Quarter Profit Report
On Tuesday evening, Capital One reported impressive first-quarter earnings that exceeded analysts' expectations, leading to a notable rise in its shar...
U.S. Treasury Secretary Calls Tariffs Showdown with China Unsustainable
In a significant address, U.S. Treasury Secretary Scott Bessent articulated concerns regarding the ongoing trade conflict with China, branding the cur...
Chobani Announces $1.2 Billion Facility in Rome, N.Y., Creating 1,000 Jobs
Chobani, the prominent Greek yogurt brand, has unveiled plans to construct a massive 1.4 million-square-foot facility in Rome, N.Y., with a budget of ...
Stocks rally after Monday's 2%+ selloff
In a significant rebound, U.S. stocks surged on Tuesday following a troubling sell-off the previous day where major indexes dropped by over 2%. The Do...
Walgreens Agrees to $350 Million Settlement Over Illegal Prescription Claims
Walgreens, the prominent drugstore chain, has entered into a significant legal settlement with the U.S. Department of Justice, agreeing to pay up to $...
3M Shares Surge 8% Amidst Strong Q1 Earnings Report and Improved Profit Margins
Shares of industrial giant 3M Co. (MMM) witnessed a remarkable rise of 8% in early trading on Tuesday, catalyzed by an unexpectedly robust first-quart...
Trump's Tariffs Likely to Curb Economic Growth, Warns IMF
The International Monetary Fund (IMF) has issued a stark warning regarding the economic repercussions of President Donald Trump's sweeping tariffs. Th...
Tesla Faces Uncertain Future as Earnings Call Approaches Amidst Leadership Scrutiny
As Tesla Inc. gears up to release its first-quarter earnings after the market closes today, April 22, 2025, Wall Street is leaning bearish amid worrie...
Airlines Face Growing Pressure to Reduce Carbon Emissions Amid Climate Concerns
In recent reports, airlines are increasingly under scrutiny for their carbon emissions and overall environmental impact as climate change becomes a mo...
Treasury Secretary Predicts Near-Term De-Escalation in U.S.-China Trade War
In a closed-door meeting on Tuesday, Treasury Secretary Scott Bessent expressed optimism to investors about potential easing tensions in the ongoing t...
All Major U.S. Stock Indices Plunge Amid Trump’s Criticism of Federal Reserve Chair Jerome Powell
On a tumultuous Monday in the financial markets, the Dow Jones Industrial Average, S&P 500, and Nasdaq-100 all experienced sharp declines of approxima...
Google Argues Against DOJ's Antitrust Proposals, Claiming Harm to Innovation and National Security
As Google prepares to defend itself in an antitrust lawsuit headed by the U.S. Department of Justice, the tech giant is asserting that the DOJ's propo...
Columbia student suspended over interview cheating tool raises $5.3M to ‘cheat on everything’
In a significant intersection of technology and ethics, a Columbia University student was suspended after it was revealed that they were using a contr...