SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 15, 2023. Joe Skipper | ReutersSpaceX could attempt a key demonstration for NASA during the third test flight of its...
Check out the companies making headlines in midday trading. Apple — The iPhone maker's shares added 2% in midday trading after SensorTower data showed App store revenue jumped 11% quarter to date for the fiscal first quarter of 2024, according to a note from Bank of America. The firm...
FDA approves Eli Lilly's Zepbound, a weight loss drug similar to Ozempic and WegovyCourtesy: Eli LillyEli Lilly on Tuesday said its recently approved weight loss treatment Zepbound is now available at pharmacies across the U.S., serving as an alternative to rival obesity drugs such as Wegovy that are facing...
A sign outside a CVS Health store in Miami, Aug. 1, 2023.Joe Raedle | Getty ImagesCVS Health on Tuesday said it will revamp how it prices prescription drugs and scrap a complex model that typically sets how much pharmacies get reimbursed and what patients pay for those medications.The new...
The 2024 Fiat 500e.StellantisDETROIT — Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations.The small city car is expected to first go on sale as a special edition "(500e)RED" model early next...
Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023. Eric Thayer | Bloomberg | Getty ImagesJob openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening.Employment openings totaled 8.73 million...
Check out the companies making headlines before the bell. GitLab — GitLab shares popped more than 14% after the maker of developer tool software posted stronger-than-expected fiscal first-quarter results and shared upbeat guidance. The company posted its first adjusted operating profit and said revenue grew 32% year over year....
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. Patrick T. Fallon | Afp | Getty ImagesWells Fargo CEO Charlie Scharf said Tuesday that...
French fries arranged at a McDonald's Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021.Luke Sharrett | Bloomberg | Getty ImagesMcDonald's is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc's and digital strategy at its investor day...
Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week.One congressman who sits on a key committee is even threatening to pursue legislation to bar the retailer from trading if the U.S. Securities and Exchange Commission doesn't reject its application.Rep. Blaine Luetkemeyer,...