Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty Images Drugmakers have been scrambling to join a two-horse race to lead the market for popular weight loss drugs, which could … Read more
Clothes at the Shein headquarters in Singapore on June 19, 2023. Ore Huiying | Bloomberg | Getty Images China’s powerful internet regulator is conducting a security review of Shein as the fast-fashion giant gears up for its highly anticipated U.S. initial public offering, CNBC has learned. The Cyberspace Administration of China is reviewing Shein’s supply … Read more
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this … Read more
Apple CEO Tim Cook attends the first meeting of the American Workforce Policy Advisory Board with US President Donald Trump in the State Dining Room of the White House in Washington, DC, March 6, 2019. Saul Loeb | AFP | Getty Images The Department of Justice is readying an antitrust case against Apple that could … Read more
NEW YORK — Ava DuVernay kept hearing she had to read “Caste: The Origins of Our Discontents.” She had Isabel Wilkerson’s book in galleys before it was published in 2020. Oprah Winfrey kept telling her to read it. But she put it off. It seemed an imposing read. Copies kept proliferating in her home. “At … Read more
A person picks out clothing in a Lacoste store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, on Nov. 24, 2023. Vincent Alban | Reuters Holiday sales rose 3.8% year … Read more
JetBlue Airways planes are seen near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 16, 2022. Joe Raedle | Getty Images News | Getty Images Shares of Spirit Airlines fell about 23% Wednesday, its second day of double-digit losses, after a judge blocked its proposed merger with JetBlue … Read more
Photo: Tesla Last year, with CEO Elon Musk prioritizing sales over profits, Tesla slashed prices in the U.S. Of course, it didn’t happen all at once. It felt like every few weeks the price of a new Tesla was changing yet again. And while the pricing changes may have upset some buyers whose Teslas’ values … Read more
Former US President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on January 17, 2024. Charly Triballeau | AFP | Getty Images A New York federal judge snapped at a lawyer for Donald Trump on Wednesday after she again asked for a delay … Read more
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial and geopolitical risks. “You have all these very powerful forces that are going to be affecting us in ’24 and ’25,” Dimon told Andrew Ross Sorkin Wednesday in a CNBC interview at … Read more
