Day: September 16, 2025
UK has gone from a leader to a laggard in biopharma, Eli Lilly CEO says
U.S. policymakers should take note as biopharmaceutical companies pull back on investments in the U.K., Eli Lilly Chief Executive Officer Dave Ricks said in an interview with CNBC. Lilly recently paused plans to create a biotech incubator called Gateway Labs in the U.K., joining other biopharma companies that have put investments in the country on […]
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RCI Hospitality strip club execs bribed tax auditor with comped dances: NY AG
Five top executives of publicly traded strip club operator RCI Hospitality Holdings — including its CEO Eric Langan — have been indicted in connection with a multi-million-dollar criminal tax fraud and bribery scheme, New York Attorney General Letitia James announced Tuesday. The scheme included RCI executives allegedly bribing a New York state Department of Taxation […]
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United Airlines CEO confident in flight expansion ‘because customers are choosing us’
Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images NEWARK, New Jersey — An oversupply of flights forced airlines to cut fares this year and pushed carriers to scale back their growth plans. […]
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Versant strikes multiyear media deal with League One Volleyball
LOVB Austin middle blocker Molly McCage (5) spikes the ball past LOVB Houston outside hitter Jess Mruzik (5) during the League One Volleyball match between LOVB Austin and LOVB Houston February 19,, 2025, at H-E-B Center in Cedar Park, Texas. Icon Sportswire | Icon Sportswire | Getty Images Comcast spinoff Versant has struck a multiyear […]
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Trump administration orders Delta, Aeromexico to unwind joint venture by Jan. 1
An Aeromexico Boeing 737 MAX 8 taxis at Los Angeles International Airport on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Trump administration ordered Delta Air Lines and Aeromexico to end by Jan. 1 their nearly decade-old joint venture that allows them to coordinate schedules and prices for flights between […]
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Stocks making the biggest moves midday: Webtoon Entertainment, Steel Dynamics, Hims & Hers and more
Check out the companies making the biggest moves midday: Webtoon Entertainment — Shares rallied 31% after the company reached a deal to create a digital comic platform for Disney. Webtoon also agreed to sell a 2% equity stake to the media giant. Emerson Electric — The engineering company fell 4.5%. Its management told a JPMorgan […]
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Workers are ‘hugging’ their jobs. There’s a right way and a wrong way to do it
Key Points “Job hugging” is the dynamic in which workers are clinging to their current roles. Hiring and job creation have slowed, meaning job seekers aren’t finding many new opportunities. Some are fearful about a change given labor market and economic uncertainty. Workers who “hug” their jobs should find ways to stand out, and should […]
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Trump sues The New York Times for $15 billion, alleging defamation and libel
U.S. President Donald Trump speaks during an event to sign a memorandum to send federal resources to Memphis, Tennessee, for a surge against local crime, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 15, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump on Monday filed a $15 billion lawsuit […]
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Eli Lilly to build $5 billion Virginia facility to boost production of targeted cancer drugs, other treatments
Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments — the first in a string of new […]
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Bessent quips about his reported threat to punch Pulte in the face: Treasury secretaries ‘have a history of dueling’
watch now VIDEO1:5301:53 Treasury Sec. Bessent on reports of heated clashes: Treasury secretaries ‘have a history of dueling’ Squawk Box Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump’s administration, saying disputes were a part of the normal push-and-pull of policymaking. “Treasury secretaries dating back to Alexander Hamilton have […]
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