Amgen announced on Thursday its decision to discontinue the development of its experimental weight loss pill, opting instead to advance its injectable drug and other obesity-related products in development. Amgen, competing in the lucrative weight loss drug market, dominated by ...

Rivian Automotive Inc. said Thursday that it has received $827 million from the state of Illinois to expand operations at its plant in Normal, Ill. Rivian said that the money will go toward factory expansion, as well as improvements in ...

On Wednesday, Microsoft’s chairman and CEO, Satya Nadella, revealed “significant commitments,” including the construction of a new regional data center in Thailand, as part of the tech giant’s increased focus on Southeast Asia. The company also pledged to provide AI ...

Qualcomm announced its fiscal second-quarter earnings on Wednesday, surpassing Wall Street expectations and offering a robust forecast for the current quarter, leading to a 4% surge in shares during extended trading. Here’s a breakdown of how the results compared to ...

Trump Media shares experienced a significant decline on Wednesday, dropping by over 9.5%. Trading under the DJT ticker, Trump Media closed at $45.16 per share, marking a loss of $4.77 per share. Despite its initial public trading debut on March ...

Carvana’s stock soared over 30% in after-hours trading on Thursday following the used-car seller’s unexpected forecast of a rise in retail sales and core profit for the current quarter. The surge in Carvana’s shares comes amidst increased consumer interest in ...

At just 35 years old, Pang Gek Teng’s path to success has been anything but conventional. Despite facing five failed business ventures, Pang’s perseverance and resilience have led her to build Surrey Hills Grocer, a thriving grocery store chain in ...

In a monumental endeavor reshaping the arid expanse of western India, the Adani Group is spearheading the creation of the world’s largest clean energy facility. Led by Sagar Adani, executive director of Adani Green Energy Limited (AGEL) and nephew of ...

Law enforcement agencies across 19 nations have successfully dismantled an extensive online platform responsible for selling phishing kits to cybercriminals, raking in over $1 million in illicit profits. Led by the United Kingdom’s Metropolitan Police, the operation targeted LabHost, a ...

Inflationary trends on both sides of the Atlantic have become a focal point of economic analysis, with divergent narratives emerging between the United States and Europe. While Europe appears to be gaining ground in the battle against inflation, the United ...