Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky, to better position strategic priorities. The spin-off is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said…
Injection pens for the weight loss treatment Wegovy, manufactured by Novo Nordisk A/S, on display during a news conference in Mumbai, India, June 24, 2025. Dhiraj Singh | Bloomberg | Getty Images Millions of older Americans in Medicare are about to gain access to obesity drugs for the first time — but that landmark shift…
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to shrink even more. Falling birth rates, behavioral changes, high car…
HP computers at a Best Buy store on Black Friday in New York, Nov. 28, 2025. Victor J. Blue | Bloomberg | Getty Images As the global artificial intelligence race accelerates, memory chips are getting more expensive. As a result, costs of some consumer electronics are beginning to rise for retailers and consumers alike. Memory…
Starbucks Iced Vanilla Protein Matcha Latte. Starbucks Beverage brands are cashing in on the growing demand for functional drinks among younger, health-conscious consumers by introducing increasingly innovative offerings, including protein-boosted coffees and CBD-infused sodas. The $160 billion global functional drinks market has become an increasingly lucrative category, encompassing multipurpose drinks that claim to promise taste…
Kohl’s was once a retail darling, carving out market share as a department store catering to the middle-income American consumer with coupons and deals that drove loyalty. But over the past five years, Kohl’s stock has lost nearly 70% of its value, plummeting as the retailer reported weak sales. As department stores struggle to stay…
The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty Images SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the…
Hudson Williams and Connor Storrie in HBO Max’s ‘Heated Rivalry.’ Courtesy: Sabrina Lantos | HBO Max When the holiday season rolled around last year, Margaret Hecox knew exactly what her grandmother would love. The 23-year-old wrote in a card about “Heated Rivalry,” the breakout Canadian TV series following a clandestine love story between two male…
The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty Images SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the…
Purchasing concert tickets has long been a high-stakes affair, with popular events often selling out within minutes. Increasingly, however, fans are competing against automated ticket-buying programs, commonly referred to as bots, that can snap up seats in seconds before reselling them at higher prices. This has distorted access not only to concert tickets but also to everyday…
