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Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
UniQure to seek FDA approval for Huntington’s disease gene therapy after previous clash with agency
The announcement comes months after UniQure became embroiled in a public debate with FDA leaders over the clinical trial data supporting its application.
Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue is planning to cut some employee bases at Newark Liberty International Airport in New Jersey and tech bases at New York’s LaGuardia Airport.
Iran to define Strait of Hormuz administration with Oman and Gulf states, senior U.S. officials say
Senior U.S. officials disclosed the contents of the memorandum of understanding with Iran. The MOU pledges 60 days of toll-free shipping in the Strait of Hormuz.
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company’s ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
Trump says he likes idea of blaming Vance if Iran deal doesn’t work out
President Trump at the G7 summit said the memorandum of understanding reached with Iran “might not be the kind of document that I should be signing.”
Target, Walmart and Amazon among brands losing LGBTQ+ consumer spending, new survey says
LGBTQ+ consumers are shifting spending toward companies they view as supporting DEI and away from those seen as retreating, HRC survey finds.
Jay Clayton DNI hearing in jeopardy as Trump says he will cancel meeting
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority.
CNBC to simulcast 11 WNBA games this season
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.