Tag: Business

Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks

[ad_1] Salesforce CEO Marc Benioff during the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares tumbled 5% in extended trading on Wednesday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections. Here’s how the company […]

These 4 charts show the scale of Novo Nordisk’s woes

[ad_1] Novo Nordisk was the first company to make a GLP-1 drug for weight loss and became Europe’s most valuable company. But its troubles are stacking up and today the stock trades at just a quarter of what it did at its peak less than two years ago. Pricing pressure, fierce competition, and pipeline setbacks […]

Novo Nordisk trial ‘own goal’ sparks flurry of analyst downgrades

[ad_1] Analysts added to the sour mood around Novo Nordisk , racing to cut price targets on the stock, after the Danish drugmaker published disappointing trial results on what it hoped to be its next big weight loss drug. The drug, CagriSema didn’t meet the key goal of matching rival medicine Zepbound, developed by Eli […]

Tesla’s Europe problem keeps getting worse. Here’s why

[ad_1] Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images U.S. electric vehicle maker Tesla‘s sales in Europe were down for a 13th consecutive month in January, while its biggest Chinese rival saw another surge. Data […]

AI robots may outnumber workers in a few decades as firms ramp up investment

[ad_1] Digital generated image of multiple robots working on laptops siting in a raw. Andriy Onufriyenko | Moment | Getty Images AI robots will exceed the working population within a few decades as more firms adopt AI agents and continue to squeeze costs, a former Citi executive warned on Monday. Rob Garlick, Citi Global Insights’ […]

As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

[ad_1] From left, MangoAI’s Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI’s Vinith Misra. Canva Software stocks have been hammered in recent weeks as investors worry about threats from artificial intelligence. In the startup world, Canva has been among the highest fliers due to its popularity with designers, but that market […]

Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC

[ad_1] This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of […]

FedEx sues for refund of Trump tariffs, days after Supreme Court ruling

[ad_1] A worker unloads packages from a FedEx truck on Cyber Monday in New York, US, on Monday, Dec. 1, 2025. Bess Adler | Bloomberg | Getty Images Federal Express on Monday sued the U.S. government, seeking a “full refund” of the money the shipping giant paid for tariffs unilaterally imposed last year by President […]

DHS abruptly reverses suspension of TSA PreCheck

[ad_1] Passengers walk through the entrance of a TSA PreCheck in Terminal One at O’Hare International Airport Wednesday, Feb. 1, 2017, in Chicago. (Armando L. Sanchez/Chicago Tribune/Tribune News Service via Getty Images) Armando L. Sanchez | Chicago Tribune | Getty Images The Transportation Security Administration said on Sunday that its PreCheck airport screening lanes are […]