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Biogen CEO Michel Vounatsos to Step Aside After Alzheimer’s Drug Struggles

Company says it will eliminate the sales infrastructure for Aduhelm, saving $500 million annually

Latest Business

Twitter and Elon Musk Strike Deal for Takeover

The $44 billion deal marks the close of a dramatic courtship and a sharp change of heart at the social-media network

Twitter Re-Examines Elon Musk’s Bid, May Be More Receptive to a Deal

Two sides are meeting Sunday to discuss takeover bid, people familiar with the matter say

Netflix loses $40 billion after Russia exit

Company's stock crashed 37% Wednesday on shocking subscriber loss

Streaming TV platform Netflix loses subscribers for first time in decade

For the second time this year, Netflix shares fell sharply after the company disappointed investors

Elon Musk Offers to Buy Rest of Twitter for $54.20 a Share

Musk calls bid ‘his best and final offer’

Elon Musk Is Sued for Delayed Disclosure of Twitter Stake

Lawsuit alleges billionaire saved $143 million by delaying the filing, while hurting shareholders who sold stock before his position was publicized

AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit

With handoff of Warner Bros. and HBO, the company returns to focusing on core wireless and broadband services

Russia bans Google ads

The measure comes in response to misinformation and discrimination on its platforms

Elon Musk to Join Twitter’s Board of Directors After Becoming Largest Shareholder

Tesla chief executive has built 9.2% holding in social-media company

EU signs US gas deal to curb reliance on Russia

The US and the EU have announced a major deal on liquified natural gas, in an attempt to reduce Europe's reliance on Russian energy.

Assurance potentially removes obstacle that had complicated attempts to revive nuclear accord

Assurance potentially removes obstacle that had complicated attempts to revive nuclear accord

Discovery CEO Received $246 Million in Compensation in 2021, Including Big Options Grant

David Zaslav’s compensation is the largest CEO pay package reported by an S&P 500 company so far this year

Wall Street bank announces withdrawal from Russia

Goldman Sachs says it’s quitting the Russian market amid the Ukraine crisis, becoming the first major US bank to do so

USA Today Owner Gannett Co. Gave Advertisers Inaccurate Information for Nine Months

Publisher misrepresented where billions of ads were placed, researchers say, and Gannett corrected the issue in recent days

Coca-Cola and PepsiCo suspend businesses in Russia

The beverage giants‘ announcements come shortly after a similar decision by McDonald’s

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