Finance
-
‘Wonka’ movie with Timothée Chalamet tops box office
“Wonka” debuted with $39 million in box office sales in U.S. and Canadian theaters over the weekend, according to studio estimates…
Read More » -
‘Friends’ star Matthew Perry died from effects of the drug ketamine, autopsy finds
Matthew Perry died from the acute effects of the anesthetic ketamine, according to the results of an autopsy on the 54-year-old…
Read More » -
Citadel will return $7 billion to clients after double-digit performance shoots it assets to $63 billion
Ken Griffin’s Citadel plans to return about $7 billion to clients after double-digit gains in its multistrategy hedge funds over…
Read More » -
Cigna drops bid to buy Humana, plans $10B share buyback
Cigna Group is planning a “significant” increase of its stock buyback, committing an additional $10 billion to the plan after calling…
Read More » -
Liz Magill resigns from UPenn after backlash to antisemitism comments
The University of Pennsylvania’s president has resigned amid pressure from donors and criticism over testimony at a congressional hearing where she was…
Read More » -
Pfizer CEO slams Harvard, MIT, and Penn leaders for their ‘despicable’ testimony about antisemitism and genocide
Pfizer chief executive Albert Bourla slammed testimonies by the heads of three top American universities for failing to “condemn racist,…
Read More » -
Elon Musk, Sam Altman, Peter Thiel mindsets, per Samo Burja
Getting into the minds of Silicon Valley elites is never easy, but a Slovenian political scientist recently tried to “sketch…
Read More » -
Alaska Air agrees to buy struggling Hawaiian Airlines
Alaska Air Group Inc. has agreed to buy rival Hawaiian Holdings Inc.’s Hawaiian Airlines in a $1.9 billion deal to combine the…
Read More » -
Ford lost $1.7 billion in profits over UAW strike, will pay another $9B in contract raises
A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company $1.7 billion…
Read More » -
Mark Zuckerberg opposed banning plastic surgery filters, despite their alleged harm to teens, because it would be ‘paternalistic,’ lawsuit says
Mark Zuckerberg vetoed a proposal at Meta Platforms Inc. to ban filters that simulate the effects of plastic surgery, despite…
Read More »