RTX has announced a planned leadership transition, with Christopher T. Calio, the current COO, set to become the CEO of the aerospace and defense company. This move comes as RTX navigates the recall of Pratt & Whitney engines.
Goldman Sachs Asset Management is set to write off nearly $900 million due to the bankruptcy of Swedish battery maker Northvolt AB, highlighting the risks in green energy investments.
Nvidia CEO Jensen Huang emphasizes the dawn of AI as a transformative era, highlighting global cooperation and technological advancements despite geopolitical tensions.
The US FDA has approved BridgeBio's new drug, Attruby, for treating transthyretin amyloid cardiomyopathy (ATTR-CM), marking a significant milestone in the treatment of this rare heart condition and setting up competition with Pfizer's Vyndaqel.
Netflix is experiencing its largest weekly stock gain since January, driven by the success of the Paul-Tyson fight and strategic business moves.
Citigroup Inc. has been granted approval to establish its regional headquarters in Riyadh, Saudi Arabia, as part of the kingdom's efforts to attract foreign investment.
Sirius XM has been found liable in a New York lawsuit for making it difficult for customers to cancel subscriptions, violating consumer protection laws.
The US Supreme Court has dismissed Facebook's appeal in a securities fraud lawsuit related to the Cambridge Analytica data breach, leaving a lower court's decision in favor of shareholders intact.
TD Bank has appointed Michelle Myers as its new global chief auditor following a $3 billion fine by U.S. regulators. The bank faces ongoing regulatory challenges and leadership transitions.
HSBC has announced it will stop processing payments from Russia and Belarus for personal banking customers, following its exit from business banking in the region.
Reddit's stock experiences a significant drop as Advance Magazine Publishers plans to establish a credit facility using its stake in the company.