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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

WSJ.com: US Business

Disney to Name Bob Iger's Successor in Early 2026

Mon, Oct 21, 2024

The company also said Mark Parker resigned as the chairman and named James Gorman as his replacement, effective Jan. 2....

SSAB Gets $139 Million in Swedish State Aid to Help Decarbonize

Mon, Oct 21, 2024

The EU approved Swedish state aid worth $139.1 million to help steelmaker SSAB decarbonize its production....

Novo Nordisk New Pill Reduces Heart Attacks, Strokes in Diabetic Patients

Mon, Oct 21, 2024

The Wegovy maker’s once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial....

Behind Many Powerful Women on Wall Street: A Doting 'Househusband'

Mon, Oct 21, 2024

More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers....

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Mon, Oct 21, 2024

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort....

J&J's Ketamine-Derived Drug Is Taking Off

Mon, Oct 21, 2024

Spravato, a depression treatment derived from club drug ketamine, was looking like a dud. Its recent success now shows a path forward for psychedelic-based medicines....

Empty Tables and Rising Costs Push More Restaurants Into Bankruptcy

Mon, Oct 21, 2024

Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow....

Basic Materials Roundup: Market Talk

Mon, Oct 21, 2024

Read about BHP, South32 and more in the latest Market Talks covering Basic Materials....

Neuberger Berman Forms Consortium With EQT to Buy Nord Anglia Education

Mon, Oct 21, 2024

Neuberger Berman Private Markets formed a consortium with Swedish buyout group EQT, Canada Pension Plan Investment Board and other institutional investors to buy Nord Anglia Education in a deal that values the international schools operator at $14.5 billion....

Financial Services Roundup: Market Talk

Mon, Oct 21, 2024

Find insight on Munich Re, Bank CIMB Niaga, National Australia Bank and more in the latest Market Talks covering Financial Services....