Business

Electric vehicle manufacturing currently faces an "embedded carbon" challenge, says Jefferies' Simon Powell."To gain the environmental dividend that governments are looking for, users are going to have to keep them longer, drive them…

The Food and Drug Administration on Wednesday approved a monoclonal antibody drug developed by GlaxoSmithKline and Vir as the third treatment of its kind to keep high-risk Covid patients out of the hospital.In laboratory tests, the newly…

Paul Hennessy | LightRocket | Getty ImagesThe federal prosecutor has charged 14 people - including a doctor and owner of laboratories, pharmacies and a home health department - with multiple Covid-related fraud programs that allegedly…

A generic sounding namePrior to Mr. Larson, Andrew L. Evans, a longtime friend who had previously served a six-month sentence for bank fraud, was Mr. Gates' financial advisor. (Mr. Gates visited him in prison.) When Mr. Evans' criminal…

Activist firm Engine No. 1 won at least two board seats at Exxon following a historic battle over the oil giant's board of directors, signaling investors' support for greater disclosure from the company as the world shifts away from fossil…

Shareholders of Exxon Mobil dealt the company’s management a defeat on Wednesday by electing at least two of four candidates activist investors had nominated to its board — the first time that has happened, according to analysts who follow…

CVS, Rite Aid, and Walgreens store signs.Getty ImagesCVS Health, Walgreens Boots Alliance and Rite Aid stocks fell Wednesday on a report that Amazon may open brick and mortar pharmacies.CVS shares fell about 3%, Walgreens shares nearly 4%,…

Here’s what you need to know:Exxon Mobil storage tanks in Rotterdam. Shareholders say the oil giant should invest more heavily in renewables like wind and solar energy.Credit...Peter Dejong/Associated PressExxon Mobil will face a big…

Here are the top news, trends, and analysis that investors need to get their trading day started:1. Dow will bounce back after a three-day winning streakTraders on the floor of the New York Stock Exchange.Source: NYSEUS stock futures rose…

The flexibility of the hotel varies. So read the fine printMeanwhile, most major American chains have re-established their pre-Covid reservation policies for reservations before a certain date (that has come and gone) and for travel by a…