Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. Emily Elconin | Getty ImagesRetailers are cheering after shoppers spent big on gifts and decor in the days after they gobbled up turkey and stuffing.But the strong showing does not necessarily mean those companies will have blowout...
Sopa Images | Lightrocket | Getty ImagesPfizer's twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to treat obesity but came with unintended consequences. The drugmaker on Friday said it will stop developing the twice-daily treatment, danuglipron, after obese...
A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California.SpaceXAmazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday.The move is a surprise from Amazon, given the company's Kuiper system aims...
A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023.Nicolas Economou | Nurphoto | Getty ImagesSouthwest Airlines and its pilots union are closing in on a new contract that would raise pay for the carrier's more than 11,000 aviators and...
Jakub Porzycki | Nurphoto | Getty ImagesMedia stocks jumped on Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company's streaming platforms. The companies have talked about bundling Apple TV+ and Paramount+ in an offering...
Check out the companies making headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Street assessed the company's long-anticipated Cybertruck following a delivery launch event Thursday in Texas. Disney — Disney shares were virtually flat after the entertainment giant reinstated its dividend at 30...
A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov. 1, 2023.Justin Sullivan | Getty ImagesPanera Bread has confidentially filed to go public again, the Financial Times reported.The restaurant chain, known for its soups, sandwiches and bagels, has been...
Check out the companies making headlines in premarket trading. Pfizer -- Shares dropped 4.2% after the drugmaker said it would halt development of its twice-daily experimental weight-loss pill. Pfizer said patients in a mid-stage clinical study reported high rates of adverse side effects. It still plans to release trial...
CFOTO | Future Publishing | Getty ImagesPfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the drug in a mid-stage clinical study. The drugmaker observed high rates of adverse side...
Check out the companies making headlines after the bell . Walt Disney — Shares added about 1% after the entertainment giant reinstated its dividend at 30 cents a share. The move comes amid activist investor Nelson Peltz and his firm's proxy fight . The activist is calling for additional...