Business

Markets Bet Big on a Quick End to the Iran War

Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage. internal-storyline-no, Trump, Donald J, Iran, Strait of Hormuz, North Atlantic Treaty Organization, US […]

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Robot Taxis Stop in Traffic in Chinese City, Stranding Travelers

The authorities in Wuhan, the site of one of the world’s largest experiments in self-driving cars, cited a “system failure” after widespread reports on Tuesday evening.The authorities in Wuhan, the site of one of the world’s largest experiments in self-driving cars, cited a “system failure” after widespread reports on Tuesday evening. Electric and Hybrid Vehicles, Driverless

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Judge Blocks Trump’s Order to End Funding for NPR and PBS

The ruling will have minimal effect on the federal money going to public media because Congress voted to claw back funding. But it could have implications for any future funding.The ruling will have minimal effect on the federal money going to public media because Congress voted to claw back funding. But it could have implications

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Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion

Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug.Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug. Drugs (Pharmaceuticals), Mergers, Acquisitions and Divestitures, Narcolepsy, Parasomnias (Sleep Disorders), Clinical Trials, Eli Lilly and Company, Centessa Pharmaceuticals PLC Read

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Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million

Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit. Allbirds Inc, Sneakers, Mergers, Acquisitions

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Global Ban on Digital Duties Expires After Stalled Talks at W.T.O.

A prohibition on taxing digital downloads expired, after members of the World Trade Organization concluded their annual meeting without an agreement.A prohibition on taxing digital downloads expired, after members of the World Trade Organization concluded their annual meeting without an agreement. International Trade and World Market, United States Politics and Government, World Trade Organization, Okonjo-Iweala, Ngozi,

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McCormick to Combine With Unilever Food Unit to Create a Spice Giant

The deal ends Unilever’s time in the food industry and will create a multibillion-dollar group under the McCormick name.The deal ends Unilever’s time in the food industry and will create a multibillion-dollar group under the McCormick name. Mergers, Acquisitions and Divestitures, Food, Condiments, Unilever NV, McCormick & Company Inc, Spices Read More

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FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes

The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell.The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell. Regulation and Deregulation

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