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Johnson & Johnson Rips Off the Kenvue Band-Aid
Finances

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

KKR Nears Deal for Specialty-Chemicals Maker Chase
Finances

KKR Nears Deal for Specialty-Chemicals Maker Chase

The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link

Insurers Aim to Boost Rates
Finances

Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

Tesla's AI Hype Collides With Reality
Finances

Tesla's AI Hype Collides With Reality

Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology

Why Russia Killed the Ukraine Grain Deal
Finances

Why Russia Killed the Ukraine Grain Deal

Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link

This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom
Business

This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom

Near the quiet town of Magnolia, companies including Exxon Mobil are working out how to extract lithium from brine water to help power electric vehicles.

A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set
Business

A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set

A startup called Telly has begun shipping free smart TVs to U.S. homes in a novel strategy to help marketers target viewers with ads despite

Elliott Takes Big Stake in Drugmaker Catalent
Business

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link