Business

Kering Sells Beauty Unit to L’Oréal for €4 Billion

Deal Marks Strategic Shift Under New CEO Luca de Meo Gucci owner Kering has agreed to sell its beauty business to L’Oréal for 4 billion euros ($4.66 billion), marking a...

Early Peanut Feeding Prevents Thousands of Allergies, Study Finds

New Evidence Shows Major Drop in Childhood Peanut Allergies Since 2015 Nearly a decade after a landmark study overturned...

Trump Plans Second Putin Meeting as Ukraine Talks Intensify

President Donald Trump is accelerating his diplomatic push to end the war in Ukraine, announcing a second meeting...

United CEO Warns Government Shutdown Could Hit Travel Demand

United Airlines CEO Scott Kirby warned Thursday that the ongoing U.S. government shutdown could soon begin to hurt...

CDC Urges Vaccinations as U.S. Enters 2025–26 Virus Season

As temperatures drop and leaves turn golden, health experts are warning of a familiar seasonal threat: respiratory viruses....
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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,...

Starbucks Faces Union Backlash Over New Dress Code

New Dress Code for Baristas Sparks Union Discontent Starbucks has introduced a new dress code for its employees, effective May 12, that is causing unrest...

Prada Acquires Versace for $1.38 Billion

Details of the Acquisition Prada has struck a deal worth $1.38 billion to acquire smaller rival Versace from Capri Holdings. This move unites two prominent...