Trump Transportation Dept nominee says he will work to restore global confidence in Boeing
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump’s nominee to head the Transportation Department will tell a Senate committee on Wednesday he aims to ensure worldwide trust in U.S. planemaker Boeing (NYSE:BA) after a 2024 mid-air emergency. “I will work with
US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain
By Ahmed Aboulenein and Amina Niasse WASHINGTON (Reuters) -The nation’s three largest pharmacy benefit managers have significantly marked up the prices of certain medicines, including for heart disease, cancer and HIV, at their affiliated pharmacies, the U.S. Federal Trade Commission said
Wall Street bankers say merger outlook has already jumped in 2025
By Nupur Anand MIAMI (Reuters) – Wall Street bankers are already upbeat about a revival in mergers and acquisitions this year that will buoy broader investment banking activity. It may take some time for deals to materialize, but buyouts including bank deals
Intel Capital to become standalone venture fund
SANTA CLARA – Intel Corporation (NASDAQ:INTC) announced its intention to spin off its venture capital arm, Intel Capital, into an independent fund. This move is aimed at aligning the corporate structure of Intel Capital with that of other leading venture
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.52%
Investing.com – U.S. stocks were mixed after the close on Tuesday, as gains in the Industrials, Utilities and Financials sectors led shares higher while losses in the Healthcare, Technology and Consumer Services sectors led shares lower. At the close in NYSE,