Business Promt

25/09/2023

Philip Morris considers selling stake in pharmaceuticals unit to boost health-care division

The company's wellness division has struggled, and Philip Morris has had talks with Deutsche Bank on a range of options.

25/09/2023

GM executive slams UAW over ‘flow of misinformation,’ rhetoric during strike

President Mark Reuss focused on the union's public bashing of GM and elements of the company's "record" contract proposal that included 20% pay raises.

20/09/2023

Eli Lilly sues clinics allegedly selling knockoff versions of Mounjaro diabetes drug

The lawsuits come as Eli Lilly grapples with a shortage of Mounjaro in the U.S. due to skyrocketing demand.

20/09/2023

Ford barrels toward new Canadian strike that could affect F-Series pickup production

Canadian union Unifor and Ford are approaching an 11:59 p.m. ET Tuesday deadline to reach an agreement for about 5,600 autoworkers before a strike could occur.

19/09/2023

Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer

19/09/2023

New York is cracking down on illegal w**d stores as legal market struggles to take hold

31/08/2023

Polestar second-quarter loss widens as it ramps up EV deliveries

Polestar is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.

31/08/2023

Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items

More restaurants and retailers including Starbucks, Dunkin' Donuts and IHOP are launching their limited-time pumpkin items in August.

17/08/2023

Wegovy could prevent up to 1.5 million heart attacks, strokes over 10 years, study says

The results complement the data Novo Nordisk released last week, which found Wegovy slashed the risk of serious heart problems and heart-related death by 20%.

17/08/2023

Target Pride backlash adds to sales woes as culture wars rage in corporate America

As Target reported earnings, CEO Brian Cornell defended the company's decision to pull some merchandise, but said it will continue to celebrate Pride month.