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Kamala Harris should distance herself from Bidenomics
The US president’s high-spending protectionism is bad policy and worse politics
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Edgar Bronfman Submits $4.3 Billion Bid for Redstone’s National Amusements, Paramount Stake
Bronfman is looking to scuttle a previous agreement to merge Paramount with David Ellison’s Skydance Media.
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Food Industry Pushes Back Against Harris’s ‘Price Gouging’ Plan
Companies reject claims that consumers are being bilked on prices. Still, says one executive, “We understand why there is this sticker shock.”
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Eli Lilly Says Weight-Loss Drug Sharply Reduces Diabetes Progression
Eli Lilly said preliminary data from a late-stage study showed its weight-loss drug significantly reduced the risk of progression to type 2 diabetes among adults with prediabetes and obesity or overweight.
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Mike Lynch: The ‘British Bill Gates’ Who Loathed Silicon Valley
The software company founder who was recently cleared of fraud accusations is missing after a storm capsized the yacht he was on.
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XPeng Loss Narrows on Higher Sales
XPeng’s second-quarter net loss narrowed on stronger sales, higher revenue from its collaboration with Volkswagen and improved margins.