Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States.Shares of Kenvue were up 18% in premarket trading, while Kimberly-Clark‘s shares were down 12.5%.Kenvue has been…
Why is it so hard to buy a home? Prices have far outpaced middle-class incomes. Mortgage rates are still…
The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks…
Paramount began a sweeping round of layoffs Wednesday, according to a memo from CEO David Ellison, just months after…
Some of the largest companies in America have begun capping or reducing their head counts, blaming the promise of…
The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth…
Apple on Tuesday became only the third company to break through the $4 trillion market value milestone.Apple shares rose…
General Motors said Wednesday that it plans to lay off about 1,200 workers at its Detroit-area all-electric factory and…