Business

Markets Slip Amid Geopolitical Tensions and Fed Uncertainty

S&P 500 logs third straight loss as rate cut timeline and Middle East risks weigh on sentiment The S&P 500 slipped 0.22% on Friday to close at 5,967.84, marking its...

Accenture Drops 7% Despite Revenue Beat and Raised Outlook

Investors focus on falling bookings and growth concerns Shares of Accenture (NYSE: ACN) slid 6.8% to close at $285.49...

Canada Threatens Tariff Hike as US Trade Talks Stall

Steel and aluminum tariffs may rise if no deal is reached by July Canada warned on Thursday it could...

Fed Holds Rates Steady as Markets Watch Iran Tensions

Stocks mixed as investors weigh Fed outlook and geopolitics U.S. markets ended mixed on Wednesday as the Federal Reserve...

Thailand Seeks U.S. Tariff Deal as Exports Surge in May

Proposal to reduce tariffs and boost U.S. trade to be submitted Friday Thailand held critical trade discussions with the...
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UnitedHealth Group Faces Turmoil: A Timeline of Challenges

CEO Andrew Witty Steps Down Amid Challenges UnitedHealth Group has seen a tumultuous year marked by several high-profile incidents, leading to the sudden departure of...

Panasonic Cuts 10,000 Jobs, Focuses on EV Battery Profits

Panasonic Holdings (6752.T) said on Friday it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this...

Block Shares Drop 22% on Lower 2025 Profit Forecast

Shares Plunge Amid Concerns Over Cash App and Competition Block’s (XYZ.N) stock plunged 22% on Friday, marking the largest intraday decline in five years. The...

Novo Nordisk Wins Legal Battle Against Compounding Pharmacies

In a major legal victory for Novo Nordisk, a Texas federal judge ruled to restrict compounding pharmacies from producing and selling cheaper, unapproved versions...

Walgreens Settles Opioid Lawsuit for $350 Million with DOJ

Walgreens has reached a $350 million settlement with the U.S. Department of Justice (DOJ) following accusations that the pharmacy chain illegally filled millions of...

Trump Administration Targets DeepSeek & Nvidia’s AI Chips

The Trump administration is considering severe penalties that could block China’s DeepSeek from purchasing U.S. technology, and possibly prevent Americans from accessing its services,...