Bristol Myers Squibb beats earnings estimates, raises outlook as drugmaker slashes costs
The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research...
Paris Olympics is the latest test of whether sports can win subscribers for NBC’s Peacock
NBCUniversal is betting the Paris Olympics will drive viewership across its TV platforms and drive more subscribers to its streaming service, Peacock.
GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American sports car to boost revenue and sales.
Boeing’s crewed Starliner flight won’t return until at least August, NASA says
Starliner capsule "Calypso" has now been in space 50 days and counting on a mission that's extended well beyond what NASA projected.
‘Deadpool and Wolverine’ set for highest opening of an R-rated film
Disney and Marvel's "Deadpool and Wolverine" is expected to shatter box office records and become the highest opening film with an R-rating.
Hasbro beats second-quarter estimates, goes ‘all in’ on digital gaming segment
Though Hasbro's revenue declined 18% overall during the quarter, Wizards of the Coast and the digital gaming segment grew 20%.
Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings
Shares of Ford were off by more than 17% in early trading Thursday – on pace for their worst decline since 2009.
Viking Therapeutics stock jumps 20% after drugmaker moves weight loss injection to late-stage trial
It brings the drugmaker one step closer to joining the market for GLP-1s, which analysts say could grow into a $150 billion market by the...
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest is under pressure to drum up revenue from an oversupplied U.S. market and an activist investor.