Business Plate

04/09/2023

24/07/2023

Pfizer says no major tornado damage to drug manufacturing areas of North Carolina facility

The pharmaceutical company did not say whether it expected the tornado damage to lead to new drug shortages for sterile injectables.

20/06/2023

Why Amazon built a second headquarters and how the pandemic reshaped HQ2

The grand opening caps off plans that began six years ago with a highly publicized search for a location to build HQ2.

19/06/2023

Here are 5 key trends shaping the liquor industry as spirits overtake beer for the first time

The spirits industry is overcoming economic headwinds to keep up with changing consumer preferences and demands.

16/06/2023

DraftKings makes $195 million offer for PointsBet, outbidding Fanatics

The offer comes a month after Fanatics agreed to buy the Australian company for $150 million in an effort to boost its presence in sports gambling.

15/06/2023

France sees global A.I. regulation ideas by the end of this year, wants to work with U.S. on tech laws

French President Emmanuel Macron called for "global regulation" around artificial intelligence, even as the European Union pushes forward with its own laws.

15/06/2023

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

Money transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company's CEO Mark Lenhard told CNBC.

14/06/2023

Feds pave the way for cities and nonprofits to get climate-bill tax credits

New guidance from the U.S. Treasury and IRS enable tax-exempt entities to get cash payments in the value of the climate-bill clean energy tax credits.

14/06/2023

SoftBank prepares new round of layoffs at Vision Fund, Reuters reports

If finalized, this would follow the elimination of about 150 jobs globally at the investing arm and SoftBank Group International in September.

07/06/2023

Why Mastercard’s stock has outperformed Visa’s over the past 5 years

Mastercard is one of the world's most recognizable brands. It's the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. As the world transitions to a more cashless society, Mastercard's value has continued to soar. Shares have seen...

06/06/2023

Investors pull $790 million from crypto exchange Binance after SEC charges

Investors pulled hundreds of millions after the U.S. regulator charged Binance and Changpeng "CZ" Zhao with 13 securities violations.

02/06/2023

Amazon announces new Echo with funky design and revamped earbuds

Amazon unveiled the Echo Pop, which sports a new semisphere design with a front-facing speaker and costs $39.99.