Moody’s downgraded the ratings of banks including BNP Paribas and Credit Agricole amid fears over France’s debt situation. Read More
Merck will gain the exclusive global license for Chinese drugmaker Hansoh’s HS-10535, an experimental oral drug that targets GLP-1 receptors. Read More
Honda threatened to end its strategic software partnership with Nissan if it looks to join hands with Foxconn, according to an earlier Nikkei report. Read More
Whether the rest of the nation is willing to follow California’s lead remains to be seen. Read More
BlackRock chief investment officer Rick Rieder calls it a “new phase” of the rate-cutting cycle. Read More
The final line of an email read: “Sure hope the wealthy next year raise a few more smart kids!” Read More
The crypto exchange Bullish purchased CoinDesk in late 2023 for close to $75 million. Read More
Nissan’s letter echoes similar moves by more than a dozen companies, from rival Toyota Motor Corp. to Walmart Inc. and Harley-Davidson Inc. Read More
Fed officials released projections on Wednesday showing the median expectation among them is for two more cuts to the federal funds rate in 2025. Read More
The support of the deep-pocketed donors has quickly launched the program from mediocrity to national relevance. Read More