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Mortgage rates hit their highest point since 2000
22/08/2023

Mortgage rates hit their highest point since 2000

Mortgage rates hit the highest level since the end of 2000, and that is crushing affordability for potential homebuyers.

Tilray is buying beverage brands from Molson Coors, Anheuser-Busch as cannabis industry struggles
22/08/2023

Tilray is buying beverage brands from Molson Coors, Anheuser-Busch as cannabis industry struggles

Tilray Brands, a major cannabis company, is tapping into the beverage industry with recent acquisitions from Molson Coors and Anheuser-Busch.

Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion
14/08/2023

Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion

Inversago's drugs use a different approach than most treatments in the obesity and diabetes space.

Virgin Galactic launches first tourist flight to space
14/08/2023

Virgin Galactic launches first tourist flight to space

Virgin Galactic flew its second commercial spaceflight Thursday, its first carrying private-paying tourists.

Virgin Galactic banks $2 million in quarterly revenue after first commercial spaceflight
02/08/2023

Virgin Galactic banks $2 million in quarterly revenue after first commercial spaceflight

Virgin Galactic flew two spaceflights during the second quarter: Its final test spaceflight and its first commercial spaceflight.

Shares of e.l.f. Beauty jump 15% after company raises full-year guidance on surging sales
02/08/2023

Shares of e.l.f. Beauty jump 15% after company raises full-year guidance on surging sales

Drugstore makeup brand e.l.f. Beauty raised its full-year outlook after reporting a 76% sales jump as the red-hot beauty market continues to surge.

Cannabis companies Cresco, Columbia Care call off $2 billion merger as industry awaits banking reform
01/08/2023

Cannabis companies Cresco, Columbia Care call off $2 billion merger as industry awaits banking reform

The termination comes as the cannabis industry struggles to scale as it awaits crucial federal and banking reform.

‘Barbenheimer’ is a billion-dollar win for the global box office
01/08/2023

‘Barbenheimer’ is a billion-dollar win for the global box office

Both 'Barbie' and 'Oppenheimer' held tough at the domestic box office in their second weekends.

Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time
31/07/2023

Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time

The decision jeopardizes J&J's proposed $8.9 billion settlement that would stop new lawsuits over its talc baby powder and other products from being filed.

New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why
31/07/2023

New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why

Pfizer, Moderna and Novavax are slated to deliver new single-strain Covid shots targeting the omicron subvariant XBB.1.5 in September.

UPS, Teamsters reach labor deal to avoid strike
26/07/2023

UPS, Teamsters reach labor deal to avoid strike

The deal includes wage increases for both full- and part-time workers.

Wells Fargo announces $30 billion buyback, shares rise
26/07/2023

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo announced a $30 billion stock buyback and approved a dividend increase.

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