Month: August 2022

Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, roughly five months after taking a major stake in the company and advocating for changes.

Americans spent more of their TV-viewing time streaming content on services like Netflix, YouTube and HBO Max than they did watching cable TV, according to Nielsen.

The end of government underwriting of such medicines could lead to a windfall for drugmakers.

A petition sent to CEO Sundar Pichai and signed by more than 650 employees also calls on Alphabet to remove search results for crisis pregnancy centers.

It took longer than expected for the iPhone to become a wallet. But the patience of Apple is slowly paying off.

Operating margin came in lower than expected after the company discounted items and canceled orders to clear a glut of goods.

The 122-year-old brand revealed a new concept car and plans to sell its first fully electric performance model in 2024, replacing the Challenger and Charger, which are being discontinued after next year.

The FDA approved a first-of-its-kind treatment from Bluebird Bio that represents a potential cure for a rare blood disorder at a price of $2.8 million per patient.

U.S. retail spending was flat in July, while lower prices at the pump reduced gas sales but allowed spending elsewhere.