Stock Market News

Trump’s Drug Tariffs Reshape Pharma Pressure

President Donald Trump has moved to intensify pressure on the pharmaceutical industry by ordering 100% tariffs on branded drugs imported into the United States unless manufacturers either agree to government drug pricing

Intel Buyback Signals New Confidence

Intel shares rose 9% after the chipmaker said it would buy back

Jury Ruling Puts Meta and YouTube Under Pressure

A California jury has found that Meta and YouTube harmed a young

Nike Warns of More Sales Pressure Ahead

Nike shares fell sharply in extended trading after the company warned that

McCormick Strikes $45 Billion Unilever Foods Deal

McCormick has agreed to buy most of Unilever’s food business in a

Finance

Trump files $5bn lawsuit against JPMorgan and Dimon

Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of

Natural gas prices jump as Arctic cold grips the U.S.

Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense

UK court backs regulator on cross-border card fee caps

Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board

Business

JetBlue Raises Bag Fees as Fuel Costs Jump

JetBlue Airways is increasing checked baggage fees as fuel prices surge in the wake of the war involving Iran, adding another sign that higher

Netflix Lifts Prices Across All Plans

Streaming leader raises monthly rates again Netflix has increased prices across its

Meta layoffs clash with massive exec pay plan

Job cuts and billion-dollar incentives highlight a company in transition toward artificial

Meta faces legal blows as pressure builds

Two courtroom defeats deepen scrutiny of the company’s platforms just as investors

Amex adds ChatGPT credit to business cards

New perk could be useful, but only for firms already paying for

UBS struggles to steady its US wealth business

Asset outflows and adviser losses cloud a key turnaround effort UBS is

Nvidia Moves to Restart China H200 Shipments

Jensen Huang says manufacturing is being switched back on Nvidia is preparing

Technology

Google Warns on Quantum Encryption Risk

Tech groups face a shorter security timeline Google is urging banks, governments and technology companies to accelerate their preparations for a future in which quantum computers can defeat much of today’s encryption.