Business

The airline industry, a gigantic organism that keeps the world connected, is currently under duress. Recently, United Airlines announced the cancellation of 35 roundtrip flights daily from its Newark Liberty International Airport hub—a troubling development that underscores the growing turmoil within air travel. This move, as articulated by CEO Scott Kirby, is a desperate reaction
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Netflix is on fire. The streaming colossus has managed to achieve something that has become increasingly elusive in today’s volatile market: an 11-day streak of stock gains, the longest its shares have ever experienced. This remarkable achievement is more than a statistical plateau; it signifies the company’s strategic resilience in a competitive industry where even
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In an era where geopolitical shifts dictate the course of corporate strategy, General Motors (GM) has been forced to recalibrate its financial expectations for 2025, attributing a staggering potential loss of $4 billion to $5 billion directly to President Donald Trump’s auto tariffs. This significant adjustment reflects the harsh reality facing not just GM, but
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The advent of groundbreaking medications such as Mounjaro, Ozempic, and Wegovy has ignited a fervent debate surrounding their rising costs and long-term benefits. The drugs, classified as GLP-1 receptor agonists, have seen an exponential increase in demand, making it difficult for employers to balance the immediate financial burden with the prospect of improved employee health
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General Motors (GM) recently reported earnings that slightly exceeded Wall Street’s expectations, achieving $2.78 adjusted earnings per share (EPS) compared to the anticipated $2.74. With revenue hitting $44.02 billion, up from last year’s $43.01 billion, one might think management would herald this as a success story. Yet, this perception is misleading. GM finds itself at
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In a significant legal ruling, Novo Nordisk recently achieved a decisive victory that effectively curtails the ability of compounding pharmacies to market their homemade versions of its popular medications, Wegovy and Ozempic. A federal judge in Texas ruled against compounding pharmacies seeking to continue producing these unapproved copies during a drawn-out legal battle over drug
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The recent landscape of consumer confidence reveals a harrowing narrative for the aviation industry, particularly in the realm of business jet sales. According to Barclays’ Business Jet Indicator, there has been a staggering 49% decrease in customer interest in purchasing business jets from March onwards. This decline signals more than just diminished enthusiasm; it encapsulates
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