Business

As Sarepta, FDA tangle over Duchenne therapy, families are caught in the middle

As Sarepta, FDA tangle over Duchenne therapy, families are caught in the middle

Jennifer Hill Blair recognized the Cincinnati number on her buzzing phone and slipped out of the school meeting, excited to finally learn when her son Cayse would receive a therapy she believed would change his life. Blair, a second-grade teacher in southern Mississippi, and her husband had been fighting the state insurer since April, calling senators and representatives to lobby …

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Eden Prairie-based UnitedHealth cooperating with DOJ investigation

Eden Prairie-based UnitedHealth cooperating with DOJ investigation

After the Journal’s report on the criminal investigation, UnitedHealth Group said in a statement: “We have not been notified by the Department of Justice of the supposed criminal investigation reported, without official attribution, in the Wall Street Journal today. The WSJ’s reporting is deeply irresponsible, as even it admits that the ‘exact nature of the potential criminal allegations is unclear.’” …

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Why Coca-Cola’s New Cane Sugar Line Might Not Be As Good As Mexican Coke

Why Coca-Cola’s New Cane Sugar Line Might Not Be As Good As Mexican Coke

Photo illustration by Hector Vivas/Getty Images After President Donald Trump chided Coca-Cola on social media last week over moving to cane sugar for its iconic soda—“It’s just better!”—Coca-Cola had denied the news. But, while releasing its second quarter earnings on Tuesday, the $47 billion (annual revenue) company confirmed a cane sugar line is en route and will hit stores this …

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American Airlines CFO Declares Worst Is Over, But Cautious Outlook Sinks Stock

American Airlines CFO Declares Worst Is Over, But Cautious Outlook Sinks Stock

American Airlines Group Inc. (NASDAQ:AAL) on Thursday reported second-quarter 2025 earnings and revenue that surpassed Wall Street expectations, offering a strong performance despite persistent industry headwinds. However, the company issued a cautious forecast for the third quarter and narrowed its full-year guidance, citing ongoing uncertainty in travel demand. The airline reported an adjusted earnings per share of 95 cents, beating …

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S&P 500, Nasdaq move higher, gold softens amid earnings, trade negotiations – Reuters

S&P 500, Nasdaq move higher, gold softens amid earnings, trade negotiations  Reuters Stock market today: Dow, S&P 500, Nasdaq trade mixed as Wall Street weighs Google, Tesla earnings  Yahoo Finance S&P 500 and Nasdaq hit records, lifted by Alphabet  MSN Stock Market Today: Dow Slides Lower; Trade Talks, Tesla in Spotlight — Live Updates  The Wall Street Journal Stocks Set for Record as Alphabet …

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Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated

Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated

The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices. The long-term rate slipped to 6.74% from 6.75% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.78%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The …

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Musk Loses $17 Billion After Tesla’s Historic Revenue Drop

Musk Loses  Billion After Tesla’s Historic Revenue Drop

Topline Shares of Tesla plunged Thursday morning, accounting for a more than $17 billion cut to Elon Musk’s net worth, after Musk warned his automaker would likely have a “few rough quarters” ahead as federal electric vehicle tax credits expire soon. Musk said his automaker “probably could have a few rough quarters” ahead as federal electric vehicle … More credits …

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Union Pacific in mega US railroad merger talks with rival Norfolk – Reuters

Union Pacific in mega US railroad merger talks with rival Norfolk  Reuters Union Pacific Is in Talks to Merge With Norfolk Southern  The New York Times Union Pacific Nears Norfolk Deal to Create $200 Billion Railroad  Bloomberg BREAKING: Union Pacific, Norfolk Southern confirm ‘advanced’ merger talks  Progressive Railroading Union Pacific in late-stage talks with Norfolk Southern over $200bn deal  Financial Times Source link

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Nvidia AI chips worth $1B were smuggled to China after US curbs – report – Seeking Alpha

Nvidia AI chips worth $1B were smuggled to China after US curbs – report  Seeking Alpha Opinion | America Will Come to Regret Selling A.I. Chips to China  The New York Times Restricted Nvidia AI chips worth $1 billion reportedly smuggled into China  Quartz Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition’  CNBC Nvidia AI chips worth $1bn smuggled …

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