Breaking News: Business

Amgen to invest $600 million in new R&D facility in California

by
Amgen To Invest 0 Million In New R&Amp;D Facility In California

Biotechnology giant Amgen Inc. has announced a major investment exceeding $600 million to construct a state-of-the-art research and development (R&D) center at its global headquarters in Thousand Oaks, California. This move underscores the company’s commitment to advancing scientific innovation amid a shifting U.S. pharmaceutical landscape, where domestic investments are surging in response to potential trade … Read more

Airlines expected to cut 2025 outlooks as travel demand falters

by
Airlines Expected To Cut 2025 Outlooks As Travel Demand Falters

Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel demand in 2025, with many expected to revise their financial outlooks downwards. After a period of remarkable recovery from the pandemic’s devastating impact on the airline industry, recent signs of weakening … Read more

Hyundai adjusts 2025 forecast, citing tariffs, ahead of investor day

by
Hyundai Adjusts 2025 Forecast, Citing Tariffs, Ahead Of Investor Day

Hyundai Raises Revenue Outlook but Trims Profit Margin Amid U.S. Tariff Squeeze, Sets Stage for New York Investor Day New York, NY – Hyundai Motor Co., the South Korean automotive giant, unveiled a mixed financial revision for 2025 on Thursday, boosting its revenue growth forecast while dialing back expectations for operating profit margins in a … Read more

Mamdani drops ABC event, Hollywood stars pen letter

by
Mamdani Drops Abc Event, Hollywood Stars Pen Letter

Mamdani Boycotts ABC Town Hall Over Kimmel Suspension as Hollywood Stars Rally with ACLU Letter A bold stand against media censorship ignited New York politics on Monday, as Democratic mayoral frontrunner Zohran Mamdani abruptly dropped out of a key ABC town hall event. This protest, fueled by ABC’s suspension of Jimmy Kimmel amid Trump administration … Read more

commercial real estate’s next big tailwind

by
Commercial Real Estate’s Next Big Tailwind

Quantum Computing and AI-Powered Retrofits: The Next Big Tailwinds for Commercial Real Estate Toronto, August 12, 2025 – As the commercial real estate (CRE) sector navigates a complex landscape of high interest rates, maturing debt, and shifting tenant demands, two emerging forces—quantum computing and AI-powered retrofit planning—are poised to become significant tailwinds driving growth and … Read more

Tariffs on de minimis packages won’t stop yet, says Court

by
Tariffs On De Minimis Packages Won’T Stop Yet, Says Court

Federal Trade Court Upholds Trump’s Tariffs on De Minimis Shipments, For Now Washington, D.C. – July 29, 2025 – A federal trade court has declined to issue a preliminary injunction to block President Donald Trump’s executive order ending the de minimis tariff exemption for low-value packages shipped to the United States, according to a ruling … Read more

Goodyear Tire transformation plan is moving company into the future

by
Goodyear Tire Transformation Plan Is Moving Company Into The Future

For over 125 years, The Goodyear Tire & Rubber Company has been a titan in the tire industry, synonymous with innovation, durability, and American ingenuity. From its humble beginnings in Akron, Ohio, in 1898, Goodyear has grown into one of the world’s leading tire manufacturers, serving consumers, commercial fleets, and even NASCAR racers. Yet, as … Read more

April home sales dropped to the slowest pace for that month since 2009

by
April Home Sales Dropped To The Slowest Pace For That Month Since 2009

April Dwelling Gross sales Dropped to Slowest Tempo for That Month Since 2009 By Actual Information Hub Workers | Might 24, 2025 Dwelling gross sales in April fell to their slowest tempo for that month since 2009, as persistently excessive mortgage charges and elevated dwelling costs continued to sideline potential consumers from the housing market, … Read more

Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs

by
Mercedes-Benz To Add New Vehicle To Alabama Plant Amid Trump Tariffs

Mercedes-Benz to Produce New Car at Alabama Plant by 2027 Amid Trump Tariffs On Could 1, 2025, Mercedes-Benz introduced plans to fabricate a brand new “core section” car at its Tuscaloosa, Alabama, plant beginning in 2027, a transfer extensively linked to President Donald Trump’s 25% tariffs on imported autos and auto components. The German automaker, … Read more

Spirit Airlines cuts flights in 12 cities as United, rivals circle

by
Spirit Airlines Cuts Flights In 12 Cities As United, Rivals Circle

In a dramatic move reflecting its ongoing financial struggles, Spirit Airlines announced it will cease operations in 12 U.S. cities starting October 2, 2025, as part of a broader network restructuring following its second Chapter 11 bankruptcy filing in less than a year. The ultra-low-cost carrier’s retreat has opened the door for competitors like United … Read more