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Politics
Lithium Miner Albemarle Cuts Costs and Plans Layoffs as EV Demand and Lithium Prices Fall
Key Takeaways
Lithium miner Albemarle plans to slash costs and lay off workers as…
Carnival Stock Gains as Company Posts Record Revenue, Cheery 2024 Outlook
Key Takeaways
Carnival shares sailed higher on Thursday as the cruise operator…
Paychex Stock Slumps as Pressures on Businesses Affect Its Revenue
Key Takeaways
Paychex shares dropped as revenue came in short of forecasts, with…
BlackBerry Shares Tumble as Auto Strikes Affected Its Outlook
Key Takeaways
BlackBerry's current quarter guidance was less than expected as the…
Bristol Myers Squibb Boosts Its Neuroscience Reach With $14 Billion Karuna Deal
Key Takeaways
Bristol Myers Squibb will pay $14 billion to buy Karuna Therapeutics…
Nike Plunges After Slashing Its Outlook and Announcing Cost Cuts as Demand Softens
Key Takeaways
Nike shares plunged as the athletic apparel retailer cut its…
Rocket Lab Shares Blast Off After New US Government Satellite Launch Contract
Key Takeaways
Rocket Lab USA shares skyrocketed after it received a U.S.…
Israeli Government Gives Intel $3.2 Billion in Incentives to Build a Chip Plant
Key Takeaways
The Israeli government has given Intel $3.2 billion in incentives to…
Bristol Myers Squibb Buys RayzeBio, Its Second Multibillion-Dollar Deal in Days
Key Takeaways
Bristol Myers Squibb Co. announced it was buying RayzeBio Inc. for…
Apple To Fight Patent Ruling After Biden Trade Official Refuses To Step In
Key Takeaways
The president's administration chose not to overturn a decision by…