News
Novartis to Spinoff Sandoz Unit in October
Novartis plans to spinoff its Sandoz unit in October, separating its generic and prescription drugs businesses. The spinoff will grant Sandoz a level of independence while still relying on Novartis for technical development and manufacturing for an extended period.
Read more
San Francisco Asks for Suspension of Driverless Robotaxis Rollout
San Francisco City Attorney asks for halt to driverless robotaxis in the city due to safety concerns and risks posed to the public. Recent incidents highlight the need for a temporary pause.
Read more
Duke Energy Files New Resource Plan
Duke Energy has submitted a resource plan to transition away from coal and achieve carbon neutrality in North Carolina, focusing on developing innovative infrastructure and renewable energy sources.
Read more
Amazon's Expansion into Healthcare
Amazon has entered the healthcare industry by partnering with Blue Shield of California to reduce drug costs and handle home drug delivery. This move has caused a significant drop in CVS's stock, while Amazon remains unaffected.
Read more
Analysts Remain Bullish on Nvidia's Stock
Despite a significant increase in Nvidia's stock price, analysts remain optimistic and highlight the company's dominance in AI and software.
Read more
Market Update
Stay informed with the latest market updates, including declines in U.S. futures and European stocks, rising bond yields and commodities, and mixed performances in Asian stocks.
Read more
China Evergrande Narrows Losses in 2022
China Evergrande Group narrows its net loss in 2022, showing progress towards stabilizing its operations and addressing its financial obligations responsibly.
Read more
Wolfspeed Reports Q4 Loss and 14% Stock Drop
Wolfspeed, a semiconductor company, experienced a 14% decline in stock due to a Q4 loss of $113.3 million. Future outlook predicts further adjusted losses for the current quarter.
Read more
The Rise of Apple Watch as a Safe Device for Children
Apple Watch has become a top-selling item as a secure device for children, offering peace of mind to parents and focusing on their safety in today's world.
Read more
Aviva Exceeds Expectations with Strong First-Half Results
Aviva surpasses analyst expectations with first-half results, including increased profits and dividends. CEO addresses impact of wildfires in Canada.
Read more