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Categories Editor's Pick

CVS is under pressure and considering a breakup. Here’s why that could be risky.

Author October 6, 2024

It’s time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected

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Categories Editor's Pick

CVS is under pressure and considering a breakup. Here’s why that could be risky

Author October 5, 2024

It’s time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected

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Categories Editor's Pick

Dockworkers on East and Gulf Coast to return to work after reaching agreement on wages

Author October 4, 2024

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending

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Categories Editor's Pick

How a tiny town hit by Helene could upend the global semiconductor chip industry

Author October 4, 2024

Virtually all of the world’s supply of a mineral that is critical to semiconductor production comes from one tiny town in the foothills of

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Categories Editor's Pick

Elon Musk’s Starlink brings internet — and politics — to storm-ravaged areas

Author October 3, 2024

Starlink, the satellite internet service from SpaceX, is poised to become a crucial lifeline in parts of southern Appalachia that were devastated

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Categories Editor's Pick

LVMH and Formula One announce 10-year partnership

Author October 3, 2024

Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from the companies Wednesday

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Categories Editor's Pick

OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round

Author October 3, 2024

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an

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Categories Editor's Pick

Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases

Author October 2, 2024

As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases. A finance lease lets a

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Categories Editor's Pick

East and Gulf coast ports shut down as thousands of workers go on strike

Author October 2, 2024

Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along the East and Gulf coasts and

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Categories Editor's Pick

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

Author October 2, 2024

PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five

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