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Lufthansa Cuts Guidance as Flagship Airline Struggles to Break Even
Deutsche Lufthansa cut its guidance for the year, warning it will be increasingly challenging for its flagship airline to break even as it contends with negative market trends and aircraft-delivery…
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Founder of The Fresh Faces Project, Calynn Lawrence, Pledges Donation at Its Final Award Ceremony to the ECD Global Alliance, Celebrating Her Mom’s Survival
The Fresh Faces Project is a world record breaking nonprofit initiative founded by Calynn M. Lawrence, an entrepreneur, media personality…
Walgreens Plans Major U.S. Store Closures; Shares Tumble
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered…
How Nike Missed the Boom in Running Culture
Runners say the sneaker giant has stepped back from the community, opening the door for Hoka, New Balance and others.
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close…
Novo Nordisk Announces $4.1 Billion Investment in New Manufacturing Facility in Clayton, N.C.
Novo Nordisk to Invest $4.1 Billion in Expanding Manufacturing Facility in Clayton, N.C.
Novo Nordisk's Wegovy Weight-Loss Drug Gets Approval in China
Blockbuster obesity drug Wegovy has been approved in China, opening the door for maker Novo Nordisk to begin selling it…
Tech Investor Sean Parker Leads Rescue of Struggling AI Startup
Stability AI raised $100 million-plus in 2022 but is now being recapitalized, as new leadership tries to build a business…
Airbus Sheds $12 Billion in Market Value After Slashing Guidance
Airbus shares in Paris closed 9.4% lower after the group lowered its commercial aircraft delivery goal and financial targets for…