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Category: Business

Trader William Lawrence works on the floor of the New York Stock Exchange, Wednesday, Jan. 7, 2026. (AP Photo/Richard Drew)

Most of Wall Street drifts as defense companies rocket higher

Calm moves for Wall Street overall are masking some big gains underneath the surface for makers of weapons and other military equipment.

Read More Most of Wall Street drifts as defense companies rocket higher
The Paramount Pictures water tower is seen in Los Angeles, Thursday, Dec. 18, 2025, with the Hollywood sign in the distance. (AP Photo/Jae C. Hong)

Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid

Warner Bros. Discovery said that its board determined Paramount’s offer is not in the best interests of the company or its shareholders.

Read More Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
An employee polishes the 2025 Ford Maverick Hybrid pickup truck during the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole

Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck

The Detroit automaker’s annual sales rose 6% in 2025 to 2,204,124 units, from 2,078,832 a year ago.

Read More Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck
Captured Venezuelan President Nicolas Maduro arrives at the Downtown Manhattan Heliport. January 5, 2026. REUTERS/Eduardo Munoz

Stocks, bonds and oil steady as investors downplay Venezuela upheaval

Stocks edged up, bonds steadied and oil prices held firm on Monday as investors reacted calmly to market ramifications of the U.S. capture of Venezuelan President Maduro.

Read More Stocks, bonds and oil steady as investors downplay Venezuela upheaval
The U.S. Food and Drug Administration building is seen behind FDA logos at a bus stop on the agency’s campus in Silver Spring, Md., Aug. 2, 2018. (AP Photo/Jacquelyn Martin, File)

US regulators approve Wegovy pill for weight loss

Regulators on Monday gave the green light to a pill version of the blockbuster weight-loss drug Wegovy, the first daily oral medication to treat obesity.

Read More US regulators approve Wegovy pill for weight loss
Larry Ellison reacts, at the White House, in Washington, U.S. February 3, 2025. REUTERS/Elizabeth Frantz

Ellison offers personal guarantee to beef up Paramount’s Warner Bros bid

Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance’s latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to Netflix.

Read More Ellison offers personal guarantee to beef up Paramount’s Warner Bros bid

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