Category: Business
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Why Costco Isn’t Joining the Backlash Against DEI
The retail giant is swatting back at a conservative activist group, buoyed by loyal customers and staff.
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Financial Services Roundup: Market Talk
Read about Partners Group, Singapore Exchange and more in the latest Market Talks covering Financial Services.
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Energy & Utilities Roundup: Market Talk
Find insight on Yinson Holdings, Viva Energy and more in the latest Market Talks covering Energy and Utilities.
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FDA Bans Artificial Dye Red 3 From Food
Consumer advocacy groups petitioned agency to restrict additive initially approved for use in 1969.
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Trump Plans ‘Energy Dominance’ Executive Orders After Inauguration
The president-elect is gearing up to help the fossil-fuel industry with executive orders seeking to boost oil and overturn tailpipe rules.
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The FDA Wants to Put Warning Labels on the Front of Food Packages
A proposed Biden administration rule would require food manufacturers to flag salt, added-sugar and saturated-fat levels on front of packages.
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Pfizer Sells 700 Million Haleon Shares for $3 Billion
The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.
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U.S. Blocks Imports From 37 More Chinese Companies Over Forced-Labor Concerns
The latest additions targeted Chinese companies in the critical-minerals, textiles and solar-technology industries.
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Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the situation said.
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Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.