Author: bruce

Luxury electric vehicle manufacturer Lucid Group announced on Tuesday that it is suspending its production forecast for 2024 as the company undergoes a strategic review under its incoming CEO. The decision comes as Lucid aims to...

Early indications from the launch of Novo Nordisk’s oral Wegovy and Eli Lilly’s Foundayo are prompting investors to reassess the competitive landscape for GLP-1 pills. Novo Nordisk’s head start in the oral...

Berkshire Hathaway shareholders gathered with a tempered sense of optimism as they assessed the conglomerate’s trajectory under incoming CEO Greg Abel. The atmosphere reflected a blend of anticipation and caution, with...

Starbucks reported a 6.2% increase in global same-store sales for its latest quarter, driven by higher customer traffic at its cafes. The coffee giant raised its full-year earnings forecast, signaling that its turnaround...

The Federal Communications Commission (FCC) has initiated an early review of Disney’s broadcast license renewals, citing concerns over the company’s diversity, equity, and inclusion (DEI) policies. The regulatory...