Netflix is due to report second-quarter earnings after the closing bell Thursday. The streaming service is no longer offering investors quarterly subscriber updates, but Wall Street will be keen to hear how recent price hikes and the platform’s growing advertising tier are faring — especially as businesses across all sectors grapple with consumers tightening their…
Bristol Myers Squibb and Pfizer on Thursday said they will start selling their blockbuster blood thinner, Eliquis, directly to patients at a more than 40% discount. The move comes as the Trump administration ramps up pressure on the pharmaceutical industry to cut drug prices, and threatens to impose sweeping tariffs on pharmaceuticals imported into the…
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon is laying off some staffers in its cloud computing division, the company confirmed on Thursday. “After a thorough review of our organization, our priorities, and what…
With expectations that prices will rise throughout the economy over the summer as more tariffs stack up, a group of legislators on Capitol Hill, highlighted by Senator Elizabeth Warren (D-MA), introduced a bill to target price gouging by the market’s biggest companies. The Price Gouging Bill of 2025 — introduced on Thursday by Warren along…
Bob Pockrass FOX Motorsports Insider Linus Lundqvist, the 2024 INDYCAR Rookie of the Year who has been without a ride in 2025, will serve as the standby driver for Nolan Siegel this weekend at Toronto as Siegel has been cleared to race. Linus Lundqvist looks on during practice for the INDYCAR Series Bommarito Automotive Group…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Morgan Brennan sits down with Hadrian founder and CEO Chris Power to discuss the startup’s $260 million Series C round led by Founders Fund and Lux, as well as a factory expansion line led by Morgan Stanley. Morgan and Chris explore how…
A construction worker carries a sheet of OSB sheathing as he builds a roof on a residential homes in Irvine, California, U.S., March 28, 2025. Mike Blake | Reuters The nation’s homebuilders continue to see weakening demand from potential buyers concerned about the broader economy. As a result, they are cutting prices at the highest…
A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. Maxar Technologies | Via Reuters WASHINGTON — One of the three nuclear enrichment sites in Iran struck by the United States last month was mostly destroyed, setting work there back significantly….
Signage for Taiwan Semiconductor Manufacturing Company (TSMC) at it’s fabrication plant in Phoenix, Arizona, US, on Monday, March 3, 2025. Rebecca Noble | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing “strong interest” from its leading U.S. customers and is working to speed up its…
Stock and bond markets and the value of the U.S. dollar will plunge if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren warned Thursday. “I think they crash,” Warren, D-Mass., said on CNBC’s “Squawk Box” when asked what would happen if Trump succeeds in pushing Powell out as head of the…
