Novartis plans a $23 billion U.S. expansion to boost drug production and counter potential import tariffs.
Industry
Eli Lilly's Weight-Loss Drug Mounjaro Launch in India Flooded with Inquiries
Eli Lilly's weight-loss drug Mounjaro sees soaring demand in India after local launch, with clinics reporting hundreds of patient inquiries.
UK Issues 'Stop Using' Order After Dangerous Amazon Items Found to Violate Safety Rules
The UK has issued a 'stop using' warning for dangerous Amazon products, including a choking hazard toy and a fire-risk waxing machine.
Mass Layoffs Loom as GM Suspends BrightDrop Production Due to EV Inventory Buildup
GM halts BrightDrop van production in Ontario, leading to mass layoffs and a major plant retooling amid slow EV sales.
China Responds to US Tariff Surge With 125% Duties on American Goods
China raises tariffs on U.S. goods to 125% in response to new American trade duties, escalating tensions.
Latest News
Trump opposes Nippon Steel's $14 billion bid for U.S. Steel, causing uncertainty over the deal's future amid national security concerns.
Trump pauses tariffs for 90 days, boosting markets, but increases taxes on Chinese imports, escalating tensions with China.
Senator Mark Warner warns that Trump's extension for ByteDance to divest TikTok's U.S. assets may violate the 2024 law and jeopardize national security.
Trump orders a new review of Nippon Steel's $14.9 billion acquisition of U.S. Steel after Biden blocked the deal over national security concerns.
China retaliates with 34% tariffs on U.S. goods in response to President Trump's recent tariff moves, escalating the trade war between the two nations.
Jaguar Land Rover halts US shipments in response to new 25% tariffs, as the British auto industry faces growing challenges.
The Supreme Court upholds the FDA's ban on flavored vaping products, citing concerns over youth addiction and public health.
Amazon makes a surprise bid to acquire TikTok as the U.S. ban deadline approaches, shaking up the battle for the popular video app.
GM and Hyundai sales surged as consumers rushed to buy cars before Trump's 25% auto tariffs take effect on April 3.
