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Eli Lilly to acquire Centessa and sleep disorder drugs
Eli Lilly has agreed to pay up to $7.8 billion to acquire Centessa Pharmaceuticals and its experimental drug for excessive daytime sleepiness, the company said Tuesday.Centessa is one of several companies working on a new class of drugs…
Infiniti hopes new SUV can turn around fortunes in the U.S.
The 2027 Infiniti QX65.Courtesy: InfinitiJapanese brand Infiniti on Thursday unveiled a new midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S.The vehicle will have a 268-horsepower VC-Turbo engine with 286…
Paramount-Warner Bros. movie slate needs animation to rival Disney,
Source: Warner Bros. | ParamountWhen Paramount Skydance combines with the Warner Bros. film studio, it'll have a deep bench of marquee franchises and established prestige. What the powerhouse duo will be missing is an animated film slate…
Pricy airfare, airport chaos test travelers
Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026. Mark Felix | Bloomberg | Getty ImagesTOKYO/NEW YORK —…
Iran war wipes out $100 billion from luxury stocks
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Major luxury stocks…
Coca-Cola, Walmart outgoing CEOs cite AI in decisions to step down
Two major CEOs told CNBC in recent months that the rise of artificial intelligence contributed to their decisions to hand over the reins and step down from their positions.It's one of the latest insights into how America's corporate…
Trump says he could send National Guard to airports ‘for more help’
President Donald Trump said he's considering sending the National Guard to U.S. airports, two days after the administration sent Immigration and Customs Enforcement agents to several major U.S. airports following hourslong waits for…
Iran war makes Middle East peace prospects better long-term
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty ImagesJPMorgan Chase CEO Jamie Dimon said…
Pfizer Lyme disease vaccine fails trial, company to seek FDA approval
Thomas Fuller | Nurphoto | Getty ImagesPfizer on Monday said it will seek regulatory approval for a Lyme disease vaccine candidate despite the shot failing a late-stage trial. Pfizer said the vaccine missed the trial's statistical goal…
David Zaslav WBD-Paramount payout highlights CEO ‘golden parachutes’
Warner Bros. Discovery CEO David Zaslav's potential payout of more than $800 million from the Paramount Skydance deal highlights an obscure tax rule originally designed to limit CEO pay.According to SEC filings, Zaslav could collect…