President Trump amplified unfounded claims on Thursday that the government had been paying news media outlets to generate positive coverage of Democrats. The conspiracy theories […]
Category: Business
Diabetes and obesity drugs fuel Eli Lilly profit in the final quarter of 2024
Eli Lilly’s profit doubled in the fourth quarter, propelled by its hot-selling diabetes and obesity treatments, and the drugmaker came out with a mostly better-than-expected […]
US unemployment applications rose to 219K last week; layoffs remain relatively low
More Americans filed unemployment claims last week, but the labor market remains healthy and there are still relatively few layoffs. U.S. applications for jobless benefits […]
Southern California Edison Found Irregularities on Equipment Where Eaton Fire Broke Out
On Jan. 19, almost two weeks after the Eaton fire broke out near Altadena, Calif., technicians for Southern California Edison began testing electrical equipment near […]
Green Energy Ambitions of European Companies Take a Beating
Rasmus Errboe, the new chief executive of the Danish offshore wind developer Orsted, sounded as if he had inherited a mess as he explained a […]
Honeywell, one of few remaining industrial conglomerates, to split into 3 companies
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric […]
Documentarian Alex Gibney Teams Up With a Google Billionaire
At a time when the documentary film business is atrophying, one of the world’s leading documentarians, Alex Gibney, has taken on a powerful partner: Wendy […]
D.C. Lawmakers Take Aim at DeepSeek
Just in: The Justice Department agreed to temporarily restrict workers from Elon Musk’s cost-cutting team from gaining access to information in the Treasury Department payment […]
Bank of England Cuts Interest Rates as British Economy Weakens
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain […]
Interest rate path is tricky to navigate in tougher economy | Money News
Let’s start with the simple bit: interest rates have been cut – down by another quarter percentage point to 4.5 per cent. But what happens […]
