Merck has received approval from the Food and Drug Administration (FDA) for its new drug, Winrevair, designed to treat a rare and deadly lung condition.
Industry
Amazon Skips Cash Pay Hikes for Senior Employees This Year
Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.
Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Sega of America Union Workers Secure Pay Increase, Other Benefits in Landmark Contract Ratification
Sega of America's gaming workers secure landmark union contract with AEGIS-CWA, featuring pay raises, job protections, and credit commitments, setting a precedent in the industry labor rights movement.
China's Xi Jinping Meets American CEOs to Woo Back Foreign Investors, Mend Strained Relations With US
China's President Xi Jinping met with more than a dozen American CEOs and academics on Wednesday in an effort to mend strained relations with the US.
Latest News
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
Shipping Giant Maersk held itself accountable for the vessel 'DALI' involved in the Francis Scott Key Bridge collision in Baltimore, which resulted in a collapse, rescue operations, and a state of emergency.
Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide.
The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
Ukraine claims it destroyed Russian-used Starlink systems. This comes after Elon Musk denied doing business with Kremlin.
Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.
