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J&J strikes deal with US government to cut drug prices, gain tariff exemptions - CNBC
business

J&J strikes deal with US government to cut drug prices, gain tariff exemptions - CNBC

Johnson & Johnson said on Thursday that it reached an ⁠agreement with the Trump administration to cut drug prices in ‍exchange for ‍tariff exemptions.

CNBCReuters
Johnson & Johnson strikes deal with U.S. government to lower drug prices - CNBC
business

Johnson & Johnson strikes deal with U.S. government to lower drug prices - CNBC

Johnson & Johnson said on Thursday that it has reached an agreement with the U.S. President's administration to cut drug prices for Americans.

CNBCReuters
Chinese car exports set to jump as domestic sales cool - Financial Times
business

Chinese car exports set to jump as domestic sales cool - Financial Times

Mexico, Middle East and parts of Europe are among the top markets, data shows

Financial TimesGloria Li, Edward White
business

Johnson & Johnson Reaches Agreement with U.S. Government to Improve Access to Medicines and Lower Costs for Millions of Americans; Delivers on U.S. Manufacturing and Innovation Investments - Johnson & Johnson

Voluntary agreement will allow millions of Americans to purchase medicines at significantly discounted rates Agreement provides Johnson & Johnson pharmaceutical products an exemption from U.S. tariffs Company announces two new additional manufacturing facilit…

Jnj.com
Stock futures are little changed ahead of jobs report, potential tariff ruling: Live updates - CNBC
business

Stock futures are little changed ahead of jobs report, potential tariff ruling: Live updates - CNBC

Traders looked ahead to December's nonfarm payrolls report and awaited a potential Supreme Court ruling on Trump's tariffs.

CNBCPia Singh
business

Trump Calls on Fannie and Freddie to Buy $200 Billion in Mortgage Bonds - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
Elon Musk's xAI to build $20 billion data center in Mississippi - abcnews.go.com
business

Elon Musk's xAI to build $20 billion data center in Mississippi - abcnews.go.com

Elon Musk's AI company, xAI, plans to spend $20 billion on a data center in Southaven, Mississippi

ABC NewsSOPHIE BATES Associated Press
Trump threatens to cut Raytheon’s government contract - Defense News
business

Trump threatens to cut Raytheon’s government contract - Defense News

President Trump said he would cut the defense giant’s government contracts if it does not accelerate weapons production and act to rein in stock buybacks.

DefenseNews.comTanya Noury
A tiny Colorado town has approved a $120 million purchase of a ski resort on the Ikon Pass - AspenTimes.com
business

A tiny Colorado town has approved a $120 million purchase of a ski resort on the Ikon Pass - AspenTimes.com

A small Colorado town of about 1,500 people is closing in on a deal to purchase a popular ski area on the Front Range. Nederland's board of trustees voted unanimously Tuesday night to approve an asset purchase agreement outlining a $120 million price tag for …

Aspen TimesRyan Spencer
Macy's stores closing 2026: See the new round of store closures - Axios
business

Macy's stores closing 2026: See the new round of store closures - Axios

Macy's liquidation sales at closing stores are expected to start in mid-January, the retailer told Axios.

AxiosKelly Tyko
Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates - CBS News
business

Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates - CBS News

President Trump says he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.

CBS News
Invesco backs this fixed income play, as investors hunt non-U.S. safe havens - CNBC
business

Invesco backs this fixed income play, as investors hunt non-U.S. safe havens - CNBC

Invesco's Alexandra Ivanova flagged this fixed income alternative as investors look to diversify beyond the U.S.

CNBCHugh Leask
Asia markets trade mixed ahead of China inflation data; Uniqlo owner shares jump 7% - CNBC
business

Asia markets trade mixed ahead of China inflation data; Uniqlo owner shares jump 7% - CNBC

Asia-Pacific markets were set to trade higher Friday as investors parse China's inflation data coming out later in the day.

CNBCLee Ying Shan
GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters - Bloomberg.com
business

GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters - Bloomberg.com

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for EVs.

BloombergDavid Welch
ChatGPT unveils new health tool for doctors - Axios
business

ChatGPT unveils new health tool for doctors - Axios

Physicians can use the new product to access medical research and patient data securely.

AxiosJosephine Walker
Stocks face their first real test of 2026 with Friday’s pivotal jobs report and possible tariff ruling - MarketWatch
business

Stocks face their first real test of 2026 with Friday’s pivotal jobs report and possible tariff ruling - MarketWatch

High valuations raise the stakes for U.S. jobs data to come in just right, according to Sevens Report Research

MarketWatchJoseph Adinolfi, Joy Wiltermuth
Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - CNBC
business

Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - CNBC

President Donald Trump said he is "instructing my Representatives" to buy $200 billion in mortgage bonds.

CNBCKevin Breuninger, John Melloy
Silver Extends Drop as Traders Brace for Wider Index Rebalancing - Yahoo Finance
business

Silver Extends Drop as Traders Brace for Wider Index Rebalancing - Yahoo Finance

Passive tracking funds are selling precious metals futures from Thursday to match new weightings required by the indexes — a usually routine process that has...

Yahoo EntertainmentYihui Xie and Jack Ryan
Illumina Appoints Dr. Eric Green as Chief Medical Officer - Illumina
business

Illumina Appoints Dr. Eric Green as Chief Medical Officer - Illumina

Illumina.com
GM reports $6 billion hit from now-unused EV investments - The Detroit News
business

GM reports $6 billion hit from now-unused EV investments - The Detroit News

GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on greenhouse gas emissions.

The Detroit NewsSummer Ballentine