Trump vows to revoke Harvard's tax-exempt status: 'It's what they deserve!'
Trump has sought to extract concessions and changes from Harvard and other schools by threatening to withhold federal research grants.
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U.S. payroll growth totals 177,000 in April, defying expectations
Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.
American Airlines to debut new suites with sliding doors after delays
American Airlines unveiled the suites' design in September 2022 but was hit with delays from suppliers.
Amazon’s ad business grew 19% in first quarter, topping estimates
Revenue in Amazon's online ad business, which has emerged as a force in digital advertising, increased 19% in the first quarter.
Trump signs executive order to stop federal funding for NPR and PBS
The president said public funding of the media networks was "outdated and unnecessary but corrosive to the appearance of journalistic independence."
McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald's narrowly beat on earnings per share for the first quarter, but fell short on revenue.
CVS tops estimates, hikes guidance as insurance business shows some improvement
The company now expects full-year adjusted earnings of $6 to $6.20 per share, up from a previous guidance of $5.75 to $6 per share.
CVS to boost access to Novo Nordisk's weight loss treatment Wegovy for patients on its drug plans
Starting July 1, Caremark will prioritize Wegovy on its formulary, making the weekly injection more accessible to its members.
Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal
Eli Lilly said sales of weight loss drug Zepbound and diabetes treatment Mounjaro surged in the first quarter.
GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
GM on Thursday lowered its 2025 earnings guidance to include a possible $4 billion to $5 billion impact as a result of President Donald Trump's auto tariffs.
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