Members of Rise and Resist participate in their weekly “Truth Tuesday” protest at News Corp headquarters on February 21, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Two top Democrats in congress are calling on Fox Corp Chairman Rupert Murdoch and the leadership […]
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Delta pilots wrap voting on new contract with big raises
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wrap up voting on a new contract that includes 34% raises over four […]
Lilly to cut insulin prices by 70%, cap prices at $35 per month for people with private insurance
An Eli Lilly & Co. logo is seen on a box of insulin medication in this arranged photograph at a pharmacy in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Drugmaker Eli Lilly & Co. on Wednesday said it will cut prices of its most commonly prescribed insulins by […]
Here’s why American men die younger than women on average and how to fix it
Men die younger than women in the United States, on average. American women had a life expectancy of 79 years in 2021, compared with men’s, which was only about 73, according to CDC data. “As long as records have been kept in all countries, women have lived longer than men,” […]
Mortgage demand from homebuyers drops to a 28-year low
A potential buyer with her realtor view a home listed for sale during an open house in Parkland, Florida. Carline Jean | Tribune News Service | Getty Images Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to […]
Kohl’s shares sink after big holiday-quarter losses
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares sunk on Wednesday after the retailer posted a big loss and a sales decline of about 7% in the holiday quarter. […]
This startup found success using A.I. to build beauty products. But can it keep making money?
Oddity Il Makiage Coutesy: Oddity Oddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that’s increasingly risky for purely digital retailers. The Tel Aviv-founded company looks like it could even be preparing for […]
Qualcomm CEO says he’s expecting Apple to make its own iPhone modems from 2024
Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. “We’re making no plans for 2024, my planning assumption is we’re not providing [Apple] a modem in ’24, […]
Aston Martin shares surge 14% on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening its 2022 pretax losses on the back of a weakening U.K. currency. The company more than doubled year-on-year pretax […]
$33 billion fintech giant Revolut reports first-ever annual profit
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid packages and overall usage of its app grew sharply. The company […]