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Party City, a leading retailer in the party supplies industry, has filed for bankruptcy and announced the closure of all its stores, marking the end of nearly 40 years in business.

Honda and Nissan are in talks for a potential merger to address financial struggles and enhance competitiveness in the electric vehicle market.

Google has proposed to loosen its search engine agreements with companies like Apple to address antitrust concerns, while the US government pushes for more drastic measures.

The US FDA has approved Novo Nordisk's Alhemo, a groundbreaking treatment for hemophilia A and B with inhibitors, marking a significant advancement in hemophilia care.

The US FDA has declined to approve Lexicon Pharmaceuticals' Zynquista as an add-on treatment for type 1 diabetes and chronic kidney disease, prompting the company to shift focus to other drug candidates.

Sarepta Therapeutics Inc. has secured a $115.2 million verdict against Nippon Shinyaku Co. Ltd. for patent infringement related to its Duchenne muscular dystrophy drug, Vyondys 53.

A US jury remains deadlocked in the high-stakes trial between Arm Holdings and Qualcomm over a licensing dispute involving Nuvia's chip designs, with deliberations ongoing.

Netflix has acquired the exclusive U.S. broadcasting rights for the FIFA Women's World Cup in 2027 and 2031, marking a significant move into live sports for the streaming giant.

Carnival Corporation & plc has reported record earnings for 2024, surpassing guidance and setting a positive outlook for 2025 with expected earnings growth and strong booking volumes.

United States Steel Corporation's stock has taken a hit following a weaker-than-expected fourth-quarter outlook, with projected losses and challenges in the steel market.

Nvidia receives a positive boost as the European Commission approves its acquisition of Run:ai, clearing a significant regulatory hurdle.

Prax and Shell have decided to cancel their agreement for the sale of Shell's stake in the PCK Schwedt oil refinery in Germany due to legal challenges and geopolitical complications.

A Swiss parliamentary report criticizes the oversight of Credit Suisse, attributing its collapse to years of mismanagement by its executives, while also calling for reforms in the financial sector.

Volkswagen and the IG Metall union have reached a significant agreement to cut 35,000 jobs in Germany by 2030, avoiding immediate layoffs and plant closures. The deal, hailed as a 'Christmas miracle,' aims to save 15 billion euros annually and involves future production shifts, mainly to Mexico.

GSK's cancer drug combinations have shown promising results in late-stage trials, meeting primary goals in ovarian and endometrial cancer treatments.

AI data centers are fueling renewable energy demand despite political shifts, with significant implications for global energy strategies.

Starbucks baristas across several U.S. cities have initiated a five-day strike, demanding better wages and working conditions amidst stalled contract negotiations with the company.

Kadokawa shares are set to fall sharply after Sony announced a capital tie-up instead of an acquisition, raising its stake to 10%.

Walmart is likely to miss its 2025 and 2030 climate change targets due to challenges in energy policy, infrastructure, and low-carbon technology availability.

The US FDA has approved Ionis Pharmaceuticals' first wholly-owned drug, Tryngolza, for treating familial chylomicronemia syndrome, a rare genetic disorder.

Panama's President Jose Raul Mulino has stated that the copper stockpiled at the closed First Quantum mine poses no immediate environmental threat, as the government considers future actions.

President Joe Biden's administration is set to provide an assessment to Congress on the UAE's assurance that it is not supplying weapons to Sudan's RSF, amid legislative pressure and humanitarian concerns.

UnitedHealth Group's stock has experienced a significant decline following the death of its CEO and regulatory pressures. Investors are advised to monitor key support and resistance levels as the stock navigates a bearish trend.

Nike faces challenges with declining sales and stock value, but new CEO Elliott Hill aims to refocus on core sports to revive the brand.

FedEx Corp. announced plans to spin off its FedEx Freight unit, creating the largest publicly traded less-than-truckload carrier in North America. The move is expected to unlock value for investors and streamline operations.