Business
Amgen and Horizon Therapeutics Merger Approved by FTC
The US Federal Trade Commission (FTC) has granted approval for a monumental $27.8 billion acquisition of Horizon Therapeutics by Amgen, allaying concerns about potential market...
Disney Stock Dips 2.6% as Charter Spectrum Feud Escalates
Disney (DIS) stock saw a sharp decline, dropping as much as 2.6%, following the company’s decision to pull its owned and operated channels from Charter...
Robinhood Buys Back Emergent Fidelity Shares for $605.7M
Robinhood, the popular online brokerage platform, announced on Friday that it had reached a significant share repurchase agreement with the United States Marshal Service (USMS)...
JCPenney Reinvents Itself with $1 Billion Investment
In a strategic move aimed at revitalizing its 121-year-old department store chain, JCPenney has announced a substantial investment of over $1 billion. The company’s CEO,...
Innovation Alert: Apple Eyes 3D Printing for Smartwatch Chassis
Apple is reportedly delving into the realm of 3D printing technology to revolutionize its manufacturing processes, with an aim to produce the steel chassis for...
X to Join Voice and Video Call Arena, Revamps Privacy Rules
In a significant development, Elon Musk, CEO of the social network X, which was previously known as Twitter, revealed on Thursday plans to roll out...
Salesforce Redefines CRM Landscape with $50B Acquisitions
Salesforce (NYSE: CRM), the leading AI-powered Customer Relationship Management (CRM) platform, is charting its course forward after a series of substantial acquisitions between 2018 and...
Shrink Woes Dent Profits for Five Below and Dollar General
In a blow to their financial performance, both Five Below (FIVE) and Dollar General (DG) find themselves grappling with a substantial drop in profits as...
Dollar General Shares Decline 14% After Downgraded Forecasts
Discount retail leader, Dollar General, has taken a decisive step to slash its yearly sales and profit expectations. The Goodlettsville, Tennessee-based firm attributes this adjustment...
Nvidia Faces Rivals’ Surge in AI Chips Race
Nvidia, the tech giant known for its record revenue and remarkable year-over-year growth, finds itself at a pivotal juncture as its grip on the AI...