image source, Getty Imagescaption, The merger would be one of the biggest in the mining industry for yearsItem informationAuthor, João da Silvarole, Business reporter25 April 2024, 03:10 BSTUpdated 32 minutes agoBritish mining giant Anglo American says it has been approached by bigger rival BHP about a potential multi-billion dollar takeover offer.Anglo American told the BBC that the proposal is currently being reviewed by its board, but did not disclose the value of the offer.BHP did not immediately respond to a request for comment from the BBC.If the deal goes through, it would be one of the mining industry’s biggest mergers…
Author: Surbhi Jain
Tom Little/Reuters/File Novo Nordisk said it is committed to working with policymakers on ways to support access and affordability. cnn , Senator Bernie Sanders is taking aim at the high prices of blockbuster drugs Ozempic and Vegovy. The Vermont senator, an independent who has long called out drug manufacturers for their expensive products, is launching an investigation into Novo Nordisk's “outrageously high prices” for drugs. “Novo Nordisk scientists deserve great credit for developing these medicines, which have the potential to be game-changers for millions of Americans struggling with type 2 diabetes and obesity. “As important as these drugs are, they…
The Boston Celtics led from start to finish and dominated the Miami Heat in Game 1. But the Heat made sure Game 2 was different, and made an impressive effort to make it an ultra-competitive affair that included 13 lead changes.The result was also different.The short-handed eighth-seeded Heat bounced back from a 20-point loss in Game 1, taking home-court advantage to beat the top-seeded Celtics 111-101 in Game 2 on Wednesday night at TD Garden and even That won in the first round also. Playoff series 1–1.The Heat did this by shooting 23 of 43 (53.5 percent) from three-point range…
Boeing said Wednesday it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the plane maker as it faces increasing control over the safety of its aircraft and allegations of shoddy work from a growing number of whistleblowers.CEO David Calhoun said the company is in “a tough moment” and its focus is on solving its production problems, not the financial results.Business leaders have been forced to talk more about security and less about finances since a door jam blew out of a Boeing 737 Max during an Alaska Airlines flight in January, leaving…
Air warfare Secretary of the Air Force Frank Kendall speaks with students and guests during the Senior Leader Orientation Course at Joint Base Andrews, Md., Nov. 13, 2023. (US Air Force photo by Eric Dietrich) UPDATED 24/4/24 at 5:48 PM ET with details from an Air Force press release and comments from CCA suppliers. WASHINGTON — Defense startup Anduril and drone manufacturer General Atomics Aeronautical Systems (GA-ASI) have been selected by the Air Force to build and test drone prototypes for the next phase of the service's Collaborative fighter aircraft program, the Air Force announced this evening. The Air Force's…
See what's clicking on FoxBusiness.com New legislation being proposed in California would ban instant security screening company Clear from operating in the state's airports, as supporters say the service raises equity issues as it effectively frees wealthy people from being screened by the Transportation Security Administration. (TSA) agents. The bill, SB-1372, the first of its kind in the US, would require third-party vendors like Clear to get their own dedicated security lanes or lose the ability to operate in California airports.Clear charges members $189 per year to verify travelers' identities at airports, allowing them to bypass TSA checkpoints. According to…
Metro By Patrick Reilly published April 24, 2024, 6:53 pm ET Performance artist and anti-Israel activist “Crackhead Barney” refused to say why he harassed Alec Baldwin in a New York City coffee shop this week in a wildly bizarre interview with Piers Morgan on Wednesday — and insisted the actor He was “crippled” by. Morgan's appearance as a leftist agitator in “Uncensored” was unrealistic from the beginning. “I was waiting for you Pierce f–king Morgan!” The popular Ambush interviewer, who has almost 100,000 followers on Instagram, exclaimed as she introduced herself on the programme. Crotched Barney's face was painted white…
Several major companies are set to report earnings after the bell. Below are the key metrics to watch for each.metaMeta (META) will report its first-quarter earnings after the bell on Wednesday, with Wall Street expecting another big jump in revenue for the social media giant. Meta shares are down 116% or more in the last 12 months 45% year to date.For the first quarter, Wall Street expects Meta to report earnings of $4.30 per share on revenue of $36.1 billion, according to analyst estimates compiled by Bloomberg. This would be another big jump in EPS and revenue compared to the…
AT&T (T) early Wednesday reported first-quarter earnings that fell from a year earlier but topped estimates. The turnover was slightly missed. AT&T stock rose as wireless subscribers and free cash flow growth beat expectations. x Reported before the market opened, AT&T earnings for the March quarter were 55 cents on an adjusted basis, down 8% from a year earlier. Revenue from continuing activities fell 0.5% to DKK 30 billion. Analysts had expected AT&T earnings of 53 cents a share on revenue of $30.5 billion, according to FactSet. A year earlier, AT&T earned 60 cents a share on revenue of $30.1…
Top Line Meta again beat Wall Street’s expectations in its first-quarter earnings report Wednesday afternoon, but said it expected the pace of growth to slow significantly, sending its stock soaring. Meta CEO Mark Zuckerberg cheering at a UFC event in FebruaryZuffa LLC via Getty Images important facts Meta posted sales of $36.46 billion during the period, handily beating estimates of $36.14 billion and up 27% from the same period last year. Its $4.71 earnings per share beat forecasts for $4.32 earnings per share, and its $12.4 billion net income compared favorably with estimates of $11.4 billion. First-quarter results are impressive,…