Business

Shares of Summit Therapeutics, whose cancer drug candidate turned heads after it outperformed a blockbuster drug from Merck, have been on fire. Now both of its co-CEOs are billionaires.

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Cards Against Humanity has a long history of trolling Donald Trump and Elon Musk.

While generative AI is still a relatively new technology, 2024 is emerging as a defining year as users explore powerful ways to apply it in their workday.

A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500’s biggest gainer Thursday.

The Tesla CEO wrote in a since-deleted post that “no one is even trying to assassinate” Biden or Harris.

Melbourne co-founders Phoebe Simmonds and Kate Casey started The Memo as an e-commerce store in 2019 with a mission to disrupt the parenting category. Three (soon-to-be four) retail locations later, the pair report 45% year-to-date sales growth – with expansion plans on the horizon.

Plenty of rich people have blown fortunes on politics. But no other American has used politics to create as much personal wealth as the 45th president, who left office with a new asset — throngs of people willing to buy almost anything from him, at virtually any price.

The Meta-owned company has faced accusations of failing to protect children on the social media platform.

The conservative slant of Murdoch’s media empire—which includes Fox News and the Wall Street Journal—could be under threat amid a high-stakes succession battle.