Il Makiage parent Oddity buys biotech startup Revela to design new molecules for beauty products
The company will use AI-based molecule discovery, a common tool in pharmaceutical drug development, to target cosmetics pain points like hair loss and aging.
Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations, despite a tough comparison to last year, when NBC aired both the Super Bowl and Beijing Olympics during the first quarter.
Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus
Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers.
Gap to lay off 1,800 workers as part of broad push to cut costs
Gap will lay off 1,800 employees in roles at headquarters and in leadership positions in a cost-cutting move the retailer said will save it $300...
Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline
The SAFE Banking Act, legislation aimed at freeing up banking services for the cannabis industry, stalled in last year's congress.
Southwest scales back 2023 hiring because of Boeing aircraft delays
Southwest expects to receive only 70 Boeing 737 Max planes this year, down from 90.
Wall Street worries GM will face a tougher 2023 than the automaker is letting on
Analysts say eroding pricing power, labor concerns and challenges in producing EVs will make it harder for GM to perform at the same profitability levels.
Phoenix Suns and Mercury to move games from cable to local network and streaming
Games for the NBA's Phoenix Suns and the WNBA's Mercury will be aired on local TV stations and their own streaming app.
United Airlines’ plan to revamp narrow-body cabins faces supply chain delays
The upgrades include bigger premium cabins, seat-back screens, Bluetooth capabilities and other amenities.