Pfizer’s gene therapy for rare genetic bleeding disorder succeeds in late-stage trial
Kena Betancur | Corbis News | Getty ImagesPfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting…
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GM shares sink 6% despite second-quarter beat as Wall Street fears ‘good times won’t last’
DETROIT — General Motors is raising several key financial targets for 2024 after easily beating Wall Street’s earnings expectations for…
UPS shares fall 12%, post worst day on record after earnings miss and guidance cut
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama…
June home sales slump, pointing to a buyer’s market as supply increases
A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesSales of previously owned…
Here’s how Best Buy is trying to convince customers to replace pandemic-era devices, buy into AI
Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBCBest Buy on Tuesday announced new…
Coca-Cola tops earnings estimates, hikes full-year outlook as global demand rises
Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter.For 2024, Coke…
Comcast posts mixed results, weighed down by film studio, theme parks
Comcast reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its film…
GM slows its EV plans again even as sales grow
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland /…
Lawmakers introduce bipartisan bill aiming to crack down on drug middlemen as scrutiny ramps up
Feverpitched | Getty ImagesBipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices…
A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Rana Robillard, an Oakland-based tech executive, in front of the home in Orinda, CA that she attempted to purchase earlier…
GM far exceeds second-quarter estimates, will restructure struggling China business
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on…
General Motors is set to report earnings before the bell
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on…
Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights…
Delta cancels hundreds more flights in struggle to recover from Microsoft outage
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19,…
McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants
In an aerial view, a customer walks by a sign as they leave a McDonald’s restaurant in San Pablo, California,…
Korean Air orders at least 40 Boeing wide-body planes in a vote of confidence for the manufacturer
A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25,…
Automakers report earnings this week. GM is set to be the standout
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects…
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ commercial jet CEO says
Boeing’s Stephanie Pope gives a press conference at the Paris Le Bourget Airport, on June 20, 2023.Geoffroy Van Der Hasselt…
Flight cancellations persist after IT outage
The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J.…
Activist Elliott reportedly has a significant stake in Starbucks, in talks with management
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee…
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