Business

Intel to Cut Factory Jobs Amid Restructuring Push

Up to 20% of factory workforce affected globally starting July Intel plans to lay off as much as 20% of its global factory workforce starting...

Eli Lilly Acquires Verve in $1.3 Billion Gene Therapy Deal

Pharma giant targets cholesterol treatments beyond diabetes drugs Eli Lilly announced Tuesday that it will acquire gene-editing firm Verve Therapeutics in a deal valued at...

Amazon to Invest $10 Billion in North Carolina AI Data Centers

Amazon has announced plans to invest $10 billion in new data centers in North Carolina as part of its ambitious expansion of artificial intelligence...

Campbell’s Co Beats Q3 Estimates on Home Cooking Demand

Campbell's Co, the maker of Prego pasta sauce, exceeded third-quarter sales and profit estimates on Monday, driven by strong demand for canned food and...

Boeing Plans to Boost 737 MAX Production to 42 Jets Monthly

Boeing (BA) is confident that it can increase the production of its highly popular 737 MAX jets to 42 per month, a significant boost...

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