Business

McKinsey & Co. will pay $650 million to settle criminal and civil investigations into its role in advising Purdue Pharma on how to increase sales of OxyContin.

Warner Bros. Discovery is undergoing a major restructuring, splitting into two divisions: Global Linear Networks and Streaming & Studios, effective by mid-2025.

A federal judge blocked Kroger 's $25 billion merger with Albertsons, siding with the FTC over concerns about diminished competition and price increases.

Donald Trump plans to block the $15 billion acquisition of US Steel by Japan's Nippon Steel, citing a need to preserve American ownership of the company.

Black Friday 2024 broke online shopping records, with Americans spending $10.8 billion, marking a 10.2% increase from last year, according to Adobe Analytics.

Walmart, the world's largest retailer, announced cutbacks on its diversity, equity, and inclusion (DEI) policies, citing pressure from anti-woke consumers.