President Donald Trump Accelerates Psychedelic Research for Mental Health Treatment
President Donald Trump signed an executive order to accelerate research into psychedelic drugs for mental illness.
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Barry Diller’s People Inc. Offers to Acquire Casino Giant MGM Resorts for $48.30 Per Share
Barry Diller's People Inc. has made an offer to purchase casino giant MGM Resorts for $48.30 per share.
UAW Strike at Dauch Corp. Threatens General Motors Truck Production
Nearly 1,000 UAW workers at Dauch Corp. in Michigan are on strike, impacting General Motors' pickup truck production.
Akeso and Summit Therapeutics’ Ivonescimab Shows Improved Survival in China Lung Cancer Trial, Fueling Market Debate
Akeso and Summit Therapeutics' experimental lung cancer drug, ivonescimab, demonstrated a 34% reduction in death risk in a late-stage China trial, offering extended survival...
Disney’s Rita Ferro Spearheads Major Advertising Business Expansion Amid Industry Shifts
Rita Ferro, Disney's global advertising president, is expanding the company's ad business, focusing on major events like the Super Bowl and integrating ad tech...
AI Boom Reshapes Venture Capital, Creating Over 220 “Fallen Unicorns” Among Pre-ChatGPT Startups
The rise of generative AI has led to a significant re-evaluation in venture capital, with over 220 pre-ChatGPT startups now classified as "fallen unicorns"...
Berkshire Hathaway’s Taylor Morrison Acquisition Signals Long-Term Housing Market View
Berkshire Hathaway's $6.8 billion acquisition of homebuilder Taylor Morrison Home indicates a long-term view on the U.S. housing market.
McDonald’s Unveils “McDonald’s > NEXT” Global Growth Strategy Amid Rising Competition
McDonald's launched its "McDonald's > NEXT" global growth strategy, emphasizing new restaurant design, better food, consumer-led innovation, and improved customer service.
Ulta Beauty Exceeds Q1 Expectations, Raises Full-Year Earnings Outlook
Ulta Beauty reported strong fiscal first-quarter results, beating analyst expectations for earnings and revenue.
Goldman Sachs CEO David Solomon: Markets in “Greed” Mode Amid AI IPO Wave
Goldman Sachs CEO David Solomon indicates markets are in a "greed" phase, with significant liquidity supporting an unprecedented wave of AI company fundraising, including...