Amazon Workers in NYC Authorize Strikes Over Union Recognition
Amazon Teamsters at two NYC warehouses voted to authorize strikes after the company refused to recognize their union and negotiate a contract. Union leadership warns of impending a...
Business News
Novo Nordisk Faces Share Drop Amid Ozempic Vision Safety Concerns
Novo Nordisk's shares dropped over 2% after a preprint study linked Ozempic to a rare vision condition. The study, by scholars from Norway and Denmark, found Ozempic users were twi...
Elon Musk Faces SEC Deadline Extension in Twitter Takeover Inquiry
The U.S. SEC has extended its deadline for Elon Musk to respond to its settlement offer in an inquiry into his $44-billion takeover of Twitter. The SEC and Musk are currently engag...
McKinsey's $650M Settlement: Addressing Its Role in the Opioid Crisis
Consulting firm McKinsey & Co. has agreed to pay $650 million to settle federal charges related to its role in the U.S. opioid crisis, including a strategy to boost OxyContin sales...
BlackRock's Acquisition of Preqin Under UK Regulatory Scrutiny
The UK's Competition and Markets Authority has initiated a merger inquiry into BlackRock's proposed acquisition of Preqin Ltd, following a preliminary review. The phase 1 decision ...
Broadcom Soars to Unprecedented $1T Valuation on AI Chip Optimism
Broadcom Inc. saw a 20% stock surge, pushing its market capitalization to $1.024 trillion, driven by optimistic forecasts for custom AI chips and agreements with major hyperscale c...
MobiKwik IPO Sees Massive Investor Demand, Valuation Hits $4.7 Billion
MobiKwik's $67 million IPO attracted bids worth $4.7 billion, reflecting strong investor confidence in the fintech company's growth potential and anticipated listing gains within t...
Google Fined $75 Million in Turkey for Anti-Competitive Practices
Turkey's competition authority fines Google $75 million for violating competition law by favoring its own ad server services over competitors, requiring corrective actions within s...
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