Tag: Breaking News: Business
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Anthropic’s IPO puts power in the hands of founders, giving everyday shareholders little voice
Founder LLC is one component of the “novel capital and corporate governance structure” that Anthropic outlined in its public S-1 filing.
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FTC and 20 states sue Dollar General, alleging retailer overcharged shoppers
The Federal Trade Commission and 20 states have filed a lawsuit against Dollar General, claiming the retailer has charged customers more than advertised prices.
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Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs
Audi’s CEO defended the company’s plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S. tariffs.
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Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the startup for a potential IPO.
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Amgen says drug combo cuts risk of death by 58% in patients with aggressive lung cancer
A drug from Amgen could give patients with an aggressive form of lung cancer significantly more time to live when added to an immunotherapy from AstraZeneca.
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Why popular airplanes are getting scrapped years early
Airplanes are getting dismantled for parts years ahead of schedule because engines and other components are in short supply.
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Doctors call Moderna, Merck cancer vaccine data a major advancement — despite Wall Street reaction
Six melanoma specialists said the Moderna and Merck vaccine results represent a clinically meaningful result for melanoma patients who underwent surgery.
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Fewer people are flying as airfare soars. Here’s why airlines aren’t worried
Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.
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Elon Musk reportedly invests about $1 billion in Skydance
David Ellison’s father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
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Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
Disney is airing the Super Bowl on ABC, ESPN, Disney+, ESPN2, ESPNU, and NFL Network, to the chagrin of local station affiliates.
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