Italy, Japan and the UK aim to set up an international organization by the end of the year to push through their plans for a next generation fighter jet, according to people familiar with the discussions.
General Motors Co. expects its earnings momentum to grow this year on higher output, shrugging off concerns that margins will be eroded by a price war for electric vehicles.
Pfizer Inc.’s 2023 forecasts fell short of analysts’ expectations on precipitously declining demand for its blockbuster Covid vaccines and Paxlovid treatment.
Apple Inc. will launch its new streaming service for Major League Soccer this week with a lot of the traditional practices of TV advertising kicked to the sidelines.
McDonald’s Corp. shares slipped after the company’s fourth-quarter operating margin and its projection for 2023 both fell short of analyst estimates.
Amgen Inc. is challenging one of the world’s best-selling medications with an unusual strategy: charging two list prices for the same medicine.
(Bloomberg) — Canada’s economy geared down at the end of 2022, growing at about half the pace of the third quarter and setting the stage for a period of little to no growth.
The US Medicare agency will seek about $4.7 billion over 10 years in clawback payments from private insurers that manage its programs under a long-awaited rule finalized Monday, a blow to the industry that sets up a likely court fight.
The US housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in June.
US employment costs rose at a slower-than-expected pace in the closing months of 2022, adding to signs of moderating inflation that reinforces the case for a smaller interest-rate increase by the Federal Reserve this week.
