The Latest Breaking News on Business

Netflix Swings the Axe on 1,000 Jobs as YouTube and TikTok Threaten Its Grip on Viewers

Netflix is cutting 1,000 jobs as YouTube and TikTok intensify the fight for viewers, putting subscriber engagement and future growth under scrutiny.

International Business Times UK · Oct 15

Ukraine's Zelensky defies Trump with Russian refinery strikes

Ukraine's President Volodymyr Zelensky announced that Ukraine will resume attacks on Russian oil refineries. Tensions between Kyiv and Washington escalated following Trump's easing of sanctions on Russia last week. The agreement is perceived by Zelensky as a weak decision that may prolong the conflict. Furthermore, Ukraine reported disruptions in its…

The Economic Times · Oct 15

Centene Gold Card Program Starting in November Could Ease Prior Authorization Waits for Patients of 160,000 Qualifying Providers

Centene's gold card program starts in November for more than 160,000 providers. Here's what Medicaid, Medicare Advantage, and commercial members should ask.

Medical Daily · Oct 15

Rivian Is Taking Its Battery Recycling Game To The Next Level

From manufacturing scrap to batteries that are no longer suitable for EVs, nothing is wasted.

InsideEVs · Oct 15

Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPO

Anthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second quarters was $4.7 billion and $11.6 billion, respectively. Anthropic aims for a valuation exceeding $2 trillion, emphasizing substantial revenue growth despite significant operational losses. Founded by former OpenAI…

The Economic Times · Oct 15

Roche Bets Up to $1.16 Billion on Rona's Obesity Drug That Aims to Cut Fat but Spare Muscle

Roche licensed Rona's experimental ALK7 obesity drug in a deal worth up to $1.16 billion. No human data are out yet. What it means for weight loss.

Medical Daily · Oct 15

Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets

The dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October rate hike were moderated by prudent remarks from Federal Reserve officials. With Treasury yields decreasing, the dollar slipped against key currencies like the euro and sterling. Traders are…

The Economic Times · Oct 15

Dollar Ticks Up and Gold Slides on US Inflation News

The dollar index (DXY00 ) rallied to a 1.5-year high on Wednesday and finished up by +0.37%. The dollar advanced on Wednesday on the stronger-than-expected US Sep CPI report, which bolsters speculation that the Fed will keep interest rates higher for longer. The CPI report boosted the chance of a...

Barchart · Oct 14

US Stock Market: Why have S&P 500, Dow Jones, Nasdaq suffered worst day since July at Wall Street?

US stock Market today: Much of Wall Street’s pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth and stellar stock gains.

The Economic Times · Oct 15

Marshall Hospital's New Operator Blames Billing Gap for Cutting Deliveries Days After a Sale Meant to Preserve Care

Marshall, Missouri's hospital cut labor and delivery days after a bankruptcy sale. The new operator now explains why and what families face.

Medical Daily · Oct 14