The Wall Street Journal has reported allegations of collusion against Scott Sheffield, the former chief executive of Pioneer Natural Resources, by the Federal Trade Commission (FTC). According to unnamed sources cited by the WSJ, Sheffield is accused of attempting to ...

Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, received a four-month prison sentence on Tuesday after pleading guilty last year to charges related to the lack of an effective anti-money laundering program. The sentence, delivered in a US ...

A CVS Omnicare pharmacy located in Las Vegas has achieved a significant milestone by becoming the inaugural site to join a newly formed national pharmacy union, marking an important step for organizers striving to address what they perceive as unsafe ...

The Food and Drug Administration (FDA) revealed on Friday its approval of Pfizer’s treatment for a rare genetic bleeding disorder, marking the pharmaceutical giant’s inaugural gene therapy clearance in the U.S. The FDA sanctioned the drug, to be known as ...

Rocket Lab is making notable advancements in the development of its Neutron vehicle, as indicated by its fourth-quarter results, which saw its contract backlog exceed $1 billion. For the fourth quarter, Rocket Lab reported a net loss of $50.5 million, ...

The recent approval of two gene therapies for treating sickle cell disease has provided renewed hope for patients affected by this debilitating condition, which predominantly impacts Black individuals and people of color. However, health officials are now faced with the ...

The head of the Internal Revenue Service (IRS) has revealed that millionaires and billionaires are avoiding more than $150 billion annually in taxes, exacerbating growing government deficits and creating a “lack of fairness” in the tax system. With new funding ...

Sports streaming platform FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery, alleging that their recently announced joint venture represents an “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the ...

Sony is likely to reveal an updated version of the PlayStation 5 this year following a downward revision of sales projections for its flagship console. The speculated move aims to reinvigorate interest in the PlayStation 5 and introduce an enhanced ...

On Tuesday, Barclays disclosed a fourth-quarter net loss of £111 million ($139.8 million) as the British bank revealed an extensive strategic overhaul, sparking a more than 6% surge in its shares during early trading. According to LSEG data, analysts had ...