WASHINGTON (AP) — Two years ago, Pfizer was the envy of the pharmaceutical world, with more than $100 billion in annual sales from its COVID-19 vaccine and antiviral Paxlovid. Today, CEO Albert Bourla is trying to turn the page from that success story, which has turned into more of a ...
LOS ANGELES (AP) — Earlier this year, the National Association of Realtors and several major real estate brokerages agreed to pay over $950 million to settle federal lawsuits claiming they forced homeowners to pay inflated commissions to sell their homes. The industry also agreed to policy ...
WASHINGTON (AP) — It was billed as the “biggest ever economic development project” in north Michigan when Gov. Gretchen Whitmer in 2022 welcomed a Chinese lithium-ion battery company’s plan to build a $2.36 billion factory and bring a couple thousand jobs to Big Rapids. But now the ...
BANGKOK (AP) — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12.4% on Monday and markets in Europe and North America suffered outsized losses as traders sold stocks to help ...
Delta Air Lines is facing a class action lawsuit, which claims the airline refused to give refunds following a global technology outage last month. The airline replied that it will go after the tech companies behind the snafu. Among airlines, Delta was by far the hardest hit hard by the ...
CVS Health chopped its 2024 forecast for a third time this year and changed the leadership of its health insurance business where it continues to struggle with rising costs. CEO Karen Lynch will lead the insurance segment, replacing Executive Vice President Brian Kane, who is leaving the ...