Business
Eli Lilly’s obesity and diabetes treatments fuel growth and spark bidding war
The market for obesity and diabetes treatments remains scorching hot, funneling billions in sales to Eli Lilly and fueling a bidding war…
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Business
Business
Crocs is Pulling Back to Move Forward
Crocs Inc. is setting the stage for future growth. The footwear firm on Thursday posted third quarter earnings results that were better…
Business
Vance Seems to Think His Wife Will Go to Hell as She’s Not Christian
Riley previously worked as a partner at McKinsey & Company, and completed a Ph.D. in social policy and an M.Sc. in contemporary Chinese…
Business
Netflix Approves 10-for-1 Stock Split to Make Shares ‘More Accessible’ to Employees Participating in Stock Options Program
Netflix‘s shares are about to become more affordable. The streaming giant announced Thursday that its board approved a 10-for-1 forward…
Business
What Mastercard is racing to snag before Visa — or Coinbase — gets there first
Stablecoins might not send your digital wallet to the moon, but the less speculative side of cryptocurrency is definitely enjoying its…
Business
Saks Global Reorganizes Top Management, Emily Essner Leaving
In a stunning shakeup, Saks Global has reorganized its top management to cut costs, improve relations with brands and vendors, positioning…
Business
Universal Music Group settles with AI music startup Udio
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a…
Business
Gov. Moore pledges $10 million for Maryland's food banks amid state of emergency
Maryland Gov. Wes Moore declared a state of emergency on Day 30 of the government shutdown as federal food aid benefits face a funding…
Business
Canva’s new free Affinity app wants to sink the Adobe flagships
Last year Canva reworked its user experience and tools in a full-frontal attack on the productivity and enterprise markets now dominated…
Business
England v Australia: Tane Edmed to start at fly-half for Australia at Allianz Stadium
Tane Edmed will start at fly-half for Australia when they face England at Allianz Stadium on Saturday, while Joseph-Aukuso Suaalii, Max…
Business
Starbucks finally said how many U.S. stores it closed: The list of locations was bigger than many estimates
Starbucks released its fourth-quarter earnings on Wednesday, October 30, finally providing an official figure for its recent wave of store…
Business
More than a million people talk to ChatGPT about suicide each week
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a…
Business
Nexperia-owner Wingtech demands reinstatement of ousted CEO as condition to restart China exports
The dispute has triggered concerns of production stoppages, especially in the European auto industry Wingtech Technology says any deal to…
Business
Navan IPO: Stock price will be closely watched today as travel startup goes public on the Nasdaq amid the shutdown
I-P-Go! Navan, a travel-tech firm based in Silicon Valley, priced its initial public offering at $25 per share, raising roughly $923…
Business
China’s largest banks report steady profits, but margins shrink
[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came…
Business
Lendlease Global Reit improves its committed portfolio occupancy to 95% for Q1 FY 2026
The Reit manager credits the rise from 92.1% in the preceding quarter to ‘active leasing efforts’ for a property in Milan Lendlease Global…
Business
Chinese airlines return to profit on summer surge, but challenges persist
China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak…
Business
Cordlife’s executive chairman steps down
Cordlife announced that its executive chairman Zhai Lingyun has stepped down in a bourse filing on Thursday (Oct 30). Zhai told the board…
Business
US: Wall Street opens lower after mixed tech earnings, Fed comments
Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments…
Business
The Download: Introducing the new conspiracy age
—Greg Linden, a former data scientist at Microsoft, pokes fun at Meta’s beleaguered Reality Labs’ earnings in a post on Bluesky. One more…
Business
How the Fed’s rate cut will impact your finances
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had…
Business
Mastercard quarterly profit rises as transaction volumes hold strong
Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its…
Business
Yangzijiang Financial receives conditional approval to list YZJ Maritime
It also discloses that it has further capitalised some US$1.5 billion of receivables from its maritime investment segment Yangzijiang…
Business
Chipotle stock price crashes as Gen Z and millennials burdened by student debt and unemployment stay away
Fast-casual restaurant chain Chipotle Mexican Grill (NYSE: CMG) is seeing its stock price plummet this morning after reporting…