Moderna cancer vaccine cuts melanoma risk in breakthrough trial, shares surge 160%
Moderna and Merck reported promising late-stage trial results for their personalized mRNA cancer vaccine, which lowered the risk of melanoma.
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Rebel Creamery files for bankruptcy after losing legal battle with rival Van Leeuwen
Low-carb ice cream maker Rebel Creamery has filed for Chapter 11 bankruptcy protection.
Mark Walter sells Lakers for record-breaking $12B: report
Mark Walter has sold the Los Angeles Lakers to Joshua Kushner and former Disney CEO Bob Iger for a record-breaking $12 billion, according to ESPN.
Trump Media posts massive $238M loss, plans major business pivot
Trump Media & Technology, the company owned by President Donald Trump, posted a $238 million loss over the past three months, prompting the business to pivot to a new focus on users' social media use.
7UP changes its famous formula, puts lime in limelight
7UP is changing the formula for all its sodas to feature lime more prominently.
Wendy's loses status as second-largest burger chain after 6-year run
Burger King's same-store sales jumped 8.5% while Wendy's reported a 7% decline in its sixth straight quarter of contraction
Elon Musk’s SpaceX posts $541M loss; Starlink subscribers surge
SpaceX’s first quarterly earnings report since becoming a publicly traded company came with the news that it lost more than a half-billion dollars over the three months that ended in June.
FIFA World Cup: US host cities say FIFA owes them $1 million each from promised legacy contribution
U.S. host cities are demanding reimbursement from FIFA, claiming the international soccer governing body hasn’t distributed funding earmarked for operational projects for this year’s World Cup.
Trump slams Exxon, Chevron for making 'too much money'
President Donald Trump criticized Exxon and Chevron after both organizations posted high quarterly earnings amid the ongoing conflict between the United States and Iran.
Owner of 4 Leo's Coney Island franchises ordered to pay $515K in back wages
The division’s investigators also alleged that the time cards tracking overtime hours were regularly destroyed.