CNBC Business

The CEOs of Merck, Johnson & Johnson and Bristol Myers Squibb will testify at the hearing on drug prices, Sen. Bernie Sanders said.

Boeing did not provide a 2024 outlook, weeks after a fuselage panel blew out midflight on a nearly new 737 Max 9 on Jan. 5.

Walmart already has a massive footprint, with more than 4,600 stores across the country.

The RSV shot, called Arexvy, booked £1.2 billion, or $1.5 billion, in sales after only being on the market for roughly half a year. 

SpaceX signed a deal with Starlab, the private space station joint venture of Voyager and Airbus, to launch on Starship.

Hollywood studios may release more mid-budget films in theaters as Wall Street pushes for profitability not subscriber growth.

Starbucks stock has fallen 13% over the past year as investors worry about U.S. traffic and sales in China.

Walmart's shares hit their all-time high last year.

Carnival expects the rerouting to affect its adjusted earnings per share by 7 cents to 8 cents in 2024.

UPS reported more than a 7% decrease in daily package volume in its fourth quarter earnings report Tuesday morning.

JetBlue said it expects 2024 capacity to be down in the low single digits and that its adjusted margins could approach breakeven.

The trial results bring the biotech company one step closer to developing a drug that can provide strong pain relief without the addictive potential of opioids.

General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday.

FanDuel parent company Flutter listed on the New York Stock Exchange, giving U.S. investors more choice in sports betting.

Pfizer reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government. 

J&J, Merck and Bristol Myers Squibb face a pivotal few weeks ahead. Meanwhile, Apple will reportedly explore health applications for the Vision Pro headset.

The attorney general's office said the alleged failure cost victims millions of dollars.

Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index.

GM's 2023 earnings included several special charges, including $1.1 billion in North American strike costs and $792 million for new commercial agreements.

The deal will include footwear, apparel and nutrition products previously housed under the TB12 and Brady brands.