Pfizer announced on Friday that the Food and Drug Administration (FDA) has granted approval for its latest ulcerative colitis medication, etrasimod, to be marketed under the name Velsipity. Expanding Product…
SunOpta, a leading company in the food industry, has successfully sold its frozen fruit assets to Nature's Touch, a Canadian company based in Quebec. The deal, valued at $141 million,…
Dollar General, the discount retailer, has reappointed former chief executive Todd Vasos, who recently retired from the company. During his nearly eight-year term, Vasos led the company to impressive sales…
Wall Street is on the edge, waiting for updates on the strike against the Detroit Three auto makers. The past week has been tumultuous, with a surprising walkout at a…
Stocks closed lower on Thursday, putting an end to a five-session winning streak, as a selloff in U.S. bonds picked up again and September's consumer price index revealed higher-than-expected inflation.…
The U.S. housing market has become increasingly unaffordable for many individuals looking to become homeowners. However, according to a recent report from Redfin, there is still hope for those who…
The Organization of the Petroleum Exporting Countries (OPEC) has left its forecast for the global oil market mostly unchanged. Despite supply cuts from Saudi Arabia and Russia, which are set…
The U.K. energy regulator, Ofgem, is taking action to safeguard the energy market and protect consumers from the risks of mounting debt. To address this issue, Ofgem is exploring the…
Dover, a manufacturer of industrial products with annual revenue of over $8 billion, has announced its agreement to sell Destaco, its automation, workholding, and containment solutions company, to Stabilus. The…
Shares of Victoria's Secret & Co. (VSCO) rose after hours on Wednesday as the company announced that it could potentially incur a smaller loss than previously projected in the third…
House Republicans have chosen Majority Leader Steve Scalise as their candidate for speaker, replacing the previously ousted Kevin McCarthy. This decision comes after Scalise defeated Judiciary Chairman Jim Jordan for…
As a renowned expert in the financial industry, Sheila Bair, former chair of the Federal Deposit Insurance Corp (FDIC), emphasizes the positive impact that higher interest rates can have on…