BUSINESS

The lawsuit, filed Tuesday, alleges that Eli Lilly violated federal and state false advertising laws by promoting "knowingly outdated clinical trial" results that compare both companies' drugs.

When the conflict intensified at the end of February, many analysts warned that Brent crude could surge to between $150 and $200 per barrel if Iran succeeded in disrupting traffic through the Strait of Hormuz.

Almost half of Americans believe that it's a bad idea for the U.S. government to take partial ownership of U.S.-based companies, according to a new poll.

TSMC Chief Financial Officer Wendell Huang said TSMC sees no signs of slowing demand from customers investing in AI infrastructure, prompting them to ramp up production capacity in the United States.

Administration officials have reportedly explored multiple strategies that would make it more difficult for U.S. companies to use Chinese AI technology without necessarily imposing an outright ban.

The U.S. Food and Drug Administration acknowledged that a laboratory test that appeared to detect the Cyclospora parasite in shredded iceberg lettuce was actually a false positive.

Discover Dada Pey's insights on building long-term wealth through property investment, cash flow, leverage, smart financing, and risk management.

Remote work has removed many of the geographical barriers that once limited hiring, allowing companies to access larger talent pools than ever before.

Archer Aviation shares surged more than 20% on Monday after the electric air taxi developer unveiled a new autonomous military aircraft developed with defense technology company Anduril.

Artificial intelligence is rapidly transforming the pharmaceutical industry, dramatically reducing the time and cost required to develop new medicines before they ever reach human testing, according to a new survey.

Ryanair warned that rising fuel costs and geopolitical uncertainty are putting additional pressure on weaker European carriers ahead of the winter season.

China's artificial intelligence race has produced another breakout moment. Moonshot AI's new product launch brought too much demand for them to handle.

The proposed project would restore the pipeline connecting the oil-rich city of Kirkuk in northern Iraq with Syria's Mediterranean coast.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225.64.

According to sports business advisor Jefferson Dafydd, the next wave of value in sports won't come from buying at the top. It will come from building earlier. Before the valuations peak. Before the structure is fully formed. Before the market agrees on what the asset is worth.

As FPSOs become an increasingly important solution for offshore resource development, Wison has built the integrated EPCIC capabilities and in-house fabrication capacity needed to participate in this evolving sector.