Bristol-Myers CEO talks new acquisitions: ‘We are writing the next chapter of this company’

Monday – Friday, 6:00 – 7:00 PM ET Bristol-Myers Squibb CEO Chris Boerner detailed the pharmaceutical giant’s slew of recent acquisitions in a Monday interview with CNBC’s Jim Cramer. Boerner highlighted his company’s deal with Karuna Therapeutics, which develops medications to treat neurological and psychiatric conditions. Bristol-Myers Squibb CEO Chris Boerner detailed the pharmaceutical giant’s […]

China investors will be asking these 3 questions in 2024

Despite pockets of strong growth, the China economic investment story has in the last year been overshadowed by longer-term problems and tensions with the U.S. “We believe property stabilization, a clear exit from deflation, better policy execution and communication would all be necessary for confidence recovery, with stimulus indispensable and good reforms welcome,” Citi analysts […]

Social Security beneficiaries can count on checks as government shutdown deadline looms, expert says

As Congress negotiates federal funding for the 2024 fiscal year, Social Security beneficiaries’ checks won’t be interrupted, expert says. But budget negotiations may have an impact on the quality of the services the Social Security Administration can provide. The United States Capitol building is seen in Washington D.C., United States on October 4 , 2023.  […]

OpenAI responds to New York Times lawsuit, says ‘regurgitation’ of content is a ‘rare bug’

OpenAI on Monday released its statement about The New York Times’ recent lawsuit over copyright infringement. In December, The New York Times filed a lawsuit against Microsoft and OpenAI, alleging intellectual property violations related to its journalistic content appearing in ChatGPT training data. OpenAI wrote in a statement Monday that the startup disagreed with the Times’ lawsuit, adding, “Their […]

‘There is no retirement when you do gig work,’ says ‘Side Hustle Safety Net’ author. How that affects workers

The sociologist Alexandrea Ravenelle studies the decline of the one-job era, and the rise of the gig economy. It’s not good news for workers, she says. Alexandrea Ravenelle, author of “Side Hustle Safety Net.” Courtesy: Alexandrea Ravenelle Alexandrea Ravenelle studies the decline of the one-job era. The sociologist chronicles the spread of the gig economy […]

Supreme Court rejects appeal by Elon Musk’s X on disclosing federal surveillance

The Supreme Court decline to take appeal by Elon Musk’s X company challenging a ban on the company disclosing federal surveillance of Americans and foreign nationals using the service. X, formerly known as Twitter, had argued that the federal government’s prohibition on the company disclosing the receipt of national security-related surveillance of users was unconstitutional. […]

German farmers block roads with tractors in protest over agriculture policies

Farmers across Germany on Monday began protests against the government’s economic and agricultural policy plans that would see reduced subsidies for the sector. They blocked roads and highways with tractors throughout the country. Robert Habeck, Germany’s minister for economic affairs and climate action, called for debates about solutions for the issues farmers are experiencing. Farmers […]

ULA’s Vulcan rocket launches as the newest challenger to SpaceX

United Launch Alliance’s Vulcan rocket successfully launched its long-awaited inaugural mission from Florida’s Cape Canaveral early Monday. Vulcan successfully deployed its main payload, the Peregrine lunar cargo lander for Pittsburgh-based Astrobotic, which aims to land on the moon on Feb. 23. ULA’s Vulcan represents the latest challenger to the launch business of Elon Musk’s SpaceX, […]

‘Bad case of déjà vu’: Oil industry veteran to lead next round of UN climate talks in Azerbaijan

Mukhtar Babayev, who serves as Azerbaijan’s ecology and natural resources minister, has been picked as the COP29 president-designate. Babayev will take over from Sultan Al-Jaber, who was seen as controversial choice to lead COP28 talks in Dubai late last year. It means that a minister with vast experience in oil and gas will lead negotiations […]

Moderna Covid vaccine sales plunge by two-thirds in 2023, but meet company’s $6 billion forecast

Moderna said its Covid vaccine generated about $6.7 billion in sales in 2023, meeting its forecast for the year. But revenue from the shot fell around two-thirds from the more than $18 billion it booked in 2022.  Moderna’s announcement, which came ahead of its presentation at the annual J.P. Morgan Healthcare Conference, illustrates the steep […]

Shadow bank Zhongzhi files for bankruptcy as China’s debt and property crisis deepens

China’s shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late on Friday. The broader CSI 300 index fell by early afternoon trading, weighed down by property stocks. There could be more trust loan defaults as most investments are local government financing vehicles and real estate debt, analyst warns. HANGZHOU, CHINA – NOVEMBER 15, […]

How to avoid taking a new job you’ll hate, according to an HR pro: It’s not realistic to ‘love every part of the job’

If you’re planning to find a new job in 2024, chances are good you’re hoping to score something with higher pay, more interesting opportunities, and better working conditions. But as you plan for the upsides in a potential new job, you might want to also consider the downsides. In particular, think of what aspects you […]

The 2023 U.S. economy, in a dozen charts

The U.S. labor market ended the year strong, creating more than 200,000 jobs in the last month of the year and nearly 2.7 million jobs in all of 2023, when seasonally adjusted. Consumer spending remained robust throughout the year, with bright spots in travel and entertainment. There were some trouble areas for consumers, however, with […]

With rate cuts on the horizon, here are 4 of the best places for short-term savings in 2024

Federal Reserve officials expect three quarter-percentage-point cuts in 2024, but there’s lingering uncertainty over when, or if, those changes may occur. With interest rates in limbo, savers may consider certificates of deposit, Treasury bills or money market mutual funds for short-term cash. Boy_anupong | Moment | Getty Images After higher yields in 2023, investors are […]

How ValueAct may bring an amicable approach to help boost margins at this Japanese medical device company

Dobrila Vignjevic | E+ | Getty Images Company: Nihon Kohden   Company: Nihon Kohden (6849.T-JP) Business: Nihon Kohden is a Japan-based company engaged in the research, development, manufacture and sale of medical electronic equipment, as well as the provision of maintenance and repair services. The company offers a wide array of devices to aid with […]

Trump had meals at Jeffrey Epstein home, not massages, housekeeper testified

Donald Trump sometimes ate meals at the Florida home of sexual predator Jeffrey Epstein, a housekeeper for Epstein once testified, according to court records unsealed in New York. The filing is part of a since-settled lawsuit by Epstein victim Virginia Giuffre against Epstein’s procurer, Ghislaine Maxwell. Trump, the former president and current front-runner for the […]

Microsoft, OpenAI sued for copyright infringement by nonfiction book authors in class action claim

Two nonfiction book authors sued Microsoft and OpenAI in a putative class action complaint alleging that the defendants “simply stole” the writers’ copyrighted works to help build a billion-dollar artificial intelligence system. The New York federal court lawsuit comes on the heels of a similar suit by The New York Times against Microsoft and OpenAI, […]

Eli Lilly’s direct drug sales alone may not upend the industry, but others could follow suit

Eli Lilly is shaking up the pharmaceutical industry with a new website offering telehealth prescriptions and direct home delivery of certain drugs, such as weight loss treatments, to expand patient access. The company’s direct-to-consumer push won’t necessarily upend the pharmaceutical industry and the traditional prescription drug supply chain, according to some analysts.  But other drugmakers […]

Your loved ones may be eligible for a one-time Social Security payment when you die. Here’s what to know

Social Security retirement benefits provide guaranteed income for your lifetime. Here’s how that money may benefit your family after you die. Tanya Constantine | Getty Images Once you start Social Security retirement benefits, you are generally guaranteed to receive monthly checks for life. But that will stop once you die — with some exceptions for […]

Mark Cuban says ‘good businesses’ embrace diversity: ‘The loss of DEI-phobic companies is my gain’

Mark Cuban says smart businesses embrace diversity, equity and inclusion. That’s a stance at odds with some recent high-profile skepticism of the organizational framework from fellow billionaires Elon Musk and Bill Ackman. “Let me help you out and give my thoughts on DEI,” Cuban told Musk on X, formerly known as Twitter, on Wednesday. “Good […]

Florida wins first FDA approval to import cheaper drugs from Canada

The Food and Drug Administration approved Florida’s plan to import cheaper prescription drugs from Canada. The agency’s greenlight is a first-in-the-nation move that faces fierce opposition from the pharmaceutical industry, but could reduce costs for Americans.  But Florida’s newly approved plan will likely face hurdles before it takes effect, including potential lawsuits from the pharmaceutical […]

Maximizing Efficiency in Manufacturing Processes

Manufacturing processes are the backbone of any successful business. They are the key to producing quality products in a timely and cost-effective manner. Maximizing efficiency in manufacturing processes is essential for businesses to remain competitive and profitable. This involves streamlining processes, reducing waste, and improving productivity. By implementing the right strategies, businesses can increase their […]

Best Startup Business Marketing Strategy

Starting a business is an exciting and challenging endeavor. It requires a lot of hard work, dedication, and creativity to make it successful. One of the most important aspects of any business is its marketing strategy. A good marketing strategy can help you reach your target audience, increase brand awareness, and generate more sales. The […]

How To Start A Business

Choosing the right business structure for your company is an important decision that can have a lasting impact on your business. It’s important to take the time to research and understand the different types of business structures available to you. How to Choose the Right Business Structure for Your Company The most common business structures […]

Layoff Preparation Steps

Layoffs are a difficult and often necessary part of business. They can be a difficult and emotional process for both the employer and the employee. However, with the right preparation, the process can be made smoother and less stressful. This article will provide an overview of the steps employers should take to prepare for a […]