Takeaways Walgreens said it would cut costs by at least $1 billion to try to recover from recent events that sent the stock plunging. Quarterly profit and forecast
KEY TO REMEMBER Toyota and Idemitsu will work together to mass produce solid-state batteries for electric vehicles (EVs). Batteries could help reduce EV charging times and support longer
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Takeaways Stellantis and Samsung SDI will spend $3.2 billion on a second battery gigafactory in Kokomo, Indiana, as part of their joint venture. Stellantis and Samsung SDI have
Takeaways An Ozempic study for the treatment of chronic kidney disease was stopped prematurely after showing early signs of success, leading to a rise in Novo Nordisk's ADRs
Takeaways HP released 2024 profit guidance in line with estimates and announced a 5% dividend increase. CEO Enrique Lores said the PC and printer maker is well-positioned to
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Takeaways Alphabet and Microsoft have launched new AI initiatives to help healthcare organizations improve their use of data and access to information. Google Tools of Alphabet could make
Takeaways PepsiCo beat quarterly earnings and sales estimates and raised its earnings outlook as it benefited from higher prices. Average prices rose 11% and the company expects modest
Takeaways Citigroup has agreed to sell its Chinese unit to HSBC Bank China as it sheds assets to simplify its operations. The deal includes all clients, assets under