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Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
13/09/2023

Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump

Citigroup CEO Jane Fraser, approaching her third year atop the bank, announced sweeping changes Wednesday. The bank's stock is mired in a multiyear slump.

UAW will strike against Detroit automakers if deals aren’t reached by Thursday, union boss says
13/09/2023

UAW will strike against Detroit automakers if deals aren’t reached by Thursday, union boss says

The UAW union will strike against the Detroit automakers if deals aren't reached by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday.

Meta’s VR technology is helping to train surgeons and treat patients, though costs remain a hurdle
11/09/2023

Meta’s VR technology is helping to train surgeons and treat patients, though costs remain a hurdle

Virtual reality technology from Meta and other companies is finding its way into hospitals and medical schools even as it struggles to find consumer traction.

Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know
11/09/2023

Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know

Scientists hope that a new class of treatments for alcohol use disorder, smoking and other addictive behaviors is on the horizon.

Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
08/09/2023

Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess

Here's the inside story of the executive chaos at Disney over the past few years — and how it could shape the fate of the iconic entertainment company.

Stellantis offers 14.5% pay increase to UAW, days before possible strike
08/09/2023

Stellantis offers 14.5% pay increase to UAW, days before possible strike

Stellantis' proposed wage hikes for UAW members would be higher than those offered by rivals Ford and GM, but those two companies offered other payments.

Home prices may be on the verge of cooling off
05/09/2023

Home prices may be on the verge of cooling off

Home prices in July were 2.3% higher than the same month last year, but the monthly gain was lower than historical averages.

Why auto worker strikes against GM, Ford and Stellantis seem inevitable
05/09/2023

Why auto worker strikes against GM, Ford and Stellantis seem inevitable

Prolonged strikes against GM, Ford and Stellantis would be unprecedented and quickly impact the automotive supply chain, U.S. economy and domestic production.

Roz Brewer out as Walgreens CEO as company seeks chief with deep health care experience
01/09/2023

Roz Brewer out as Walgreens CEO as company seeks chief with deep health care experience

Walgreens' stock has struggled this year as the company cut its profit expectations and contended with a decline in Covid vaccine and test demand.

Taylor Swift Eras Tour concert film is already a blockbuster with historic first-day ticket sales
01/09/2023

Taylor Swift Eras Tour concert film is already a blockbuster with historic first-day ticket sales

In less than 24 hours on the market, ticket sales for Taylor Swift's Era Tour concert film have broken records.

GM, Google exploring ways to use AI across automaker’s business
29/08/2023

GM, Google exploring ways to use AI across automaker’s business

The partnership between expands upon previous work between the two companies on GM's OnStar Interactive Virtual Assistant.

Biden administration unveils first 10 drugs subject to Medicare price negotiations
29/08/2023

Biden administration unveils first 10 drugs subject to Medicare price negotiations

The announcement of the 10 drugs kicks off a Medicare negotiation process that aims to make costly medications more affordable for older Americans.

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