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Investing
Warby Parker’s stock tumbles again after earnings, as gross margins keep falling
Shares of Warby Parker Inc. pulled back sharply Wednesday after the eyewear retailer reported a surprise fourth-quarter loss as gross margins continued to…
Bitcoin to the moon? Here’s why it’s near an all-time high
Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared the cryptocurrency to a Pet Rock and said people…
Disney teams with India’s Reliance Industries to form $8.5 billion streaming joint venture
Walt Disney Co. announced Wednesday an agreement with India’s Reliance Industries Ltd. and Viacom 18 Media Private Ltd. to form a digital-streaming and TV…
Popular eye ointments may not be sterile, recall warns
Eye ointments sold at CVS and Walmart may not actually be sterile, a recall posted by the US Food and Drug Administration warned.…
Viking Therapeutics’ promising weight-loss drug data makes the company a takeover target
Viking Therapeutics Inc.’s stock rose another 8% Wednesday to extend its week-to-date gains to 145%, as analysts weighed in on its positive weight-loss drug…
Wendy’s says new pricing plan is not surge pricing
Don’t call Wendy’s new pricing plan “surge pricing.”
In a blog post on Tuesday, the fast-food chain explained…
These defense stocks may fare best whether Biden or Trump wins in November
Assuming the major parties’ nominees for the November U.S. presidential election will be Joe Biden and Donald Trump, it is anybody’s guess who will be…
Cyberattack on insurance giant disrupting business for doctors, therapists
A week after a cyberattack disrupted insurance processing at pharmacies across the US, health care professionals from Maryland to New…
Disney and Mukesh Ambani create new India media giant with 750 million viewers
Disney is joining forces with Asia’s richest man to create a new media giant in India that says it will reach a domestic audience of…