Business

Bluebird Bio’s recent decision to sell itself to Carlyle and SK Capital for approximately $30 million may be viewed as the final chapter in a tumultuous narrative that chronicles the rise and fall of one of the biotech sector’s once-promising contenders. This strategic maneuver signals not only the end of an era for Bluebird but

In recent developments, the delays facing Boeing’s production of the new Air Force One jets have escalated to a point of considerable frustration for President Donald Trump. This situation is emblematic of larger issues within Boeing, reflecting both the complexities of modern aerospace manufacturing and the inherent challenges faced by the supply chain in the

In recent developments, UnitedHealthcare, a dominant player in the American health insurance landscape, is presenting its benefits operations employees with a voluntary buyout option. This move comes after a challenging year marked by financial pressures, internal strife, and corporate restructuring. The decision highlights a broader trend in the industry where companies are reevaluating workforce strategies

In recent years, the food and beverage industry has seen a noticeable shift towards health-conscious choices among consumers. The decline in traditional soda consumption, which has plummeted over the past two decades, can largely be attributed to growing awareness regarding health risks associated with sugary drinks. This evolution has paved the way for alternatives like

In a startling move reflecting the ever-evolving landscape of the airline industry, Southwest Airlines declared on Monday its intention to reduce its corporate workforce by approximately 15%, translating to about 1,750 positions. This unprecedented action was characterized by CEO Bob Jordan as essential for the company’s survival and adaptation in a highly competitive market. The

The restaurant industry in the United States is bracing for a tumultuous 2025, marked by unpredictable weather patterns and a cautious consumer base. The year kicked off much like a lion, fierce and daunting, with freezing temperatures and natural disasters significantly impacting restaurant chains’ performances. However, just as the year began with adversity, many executives

Roku, a leading player in the streaming technology space, witnessed a remarkable surge in its stock price, soaring over 10% on a recent Friday. This surge culminated in the stock reaching a new 52-week high, spurred by quarterly earnings that exceeded analysts’ expectations. The stock market’s positive reaction underscores the confidence investors have in Roku’s

The ongoing discussions around tariffs under President Donald Trump’s administration have sparked concerns across various sectors, none more so than in the automotive industry. The potential imposition of tariffs on vehicles imported from South Korea and Japan could have significant ramifications, particularly given the strong market presence of these countries in the U.S. automotive landscape.

The discussion around pharmacy benefit managers (PBMs) has become increasingly heated, especially in recent legislative sessions. As the head of CVS Health, David Joyner recently addressed concerns regarding Caremark, the company’s PBM unit, during a quarterly earnings call. His remarks underline the complex nature of the pharmaceutical pricing ecosystem and the contentious role played by

In response to recent tariff increases on aluminum imports announced by the Trump administration, Coca-Cola is poised to adapt its packaging strategies significantly. CEO James Quincey indicated on a recent earnings call that the company may transition from aluminum cans to more plastic packaging options such as PET (polyethylene terephthalate) bottles. This move highlights Coca-Cola’s