Business

New York-based Jones just raised $10 million to expand its nicotine lozenge company in the stodgy, $3 billion smoking cessation market.

The Italian city said speculations about the event are “completely unfounded.”

Seeing a gap in the market for a female-focused wine, TWE and Reese Witherspoon’s Hello Sunshine teamed up to introduce a new wine brand to US and Australian audiences. The red, white, and sparkling results are just as sunny as you might imagine.

The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.

Manna has raised $30 million to fund an ambitious expansion, taking on well-funded competitors like Amazon, Alphabet and unicorn Zipline. It could be first to scale a mass drone delivery operation.

The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.

With a looming federal election and a decade of deficits forecast, Treasurer Jim Chalmers has framed this year’s budget as a “platform for prosperity” – balancing modest cost-of-living relief with broader ambitions to build economic resilience.

Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.

Australia’s visionary eye-health company Opthea, which raised almost $1 billion to bring its eye injection to market, is fighting for survival today after the failure of its first Phase-3 trial.

The streaming giant has been unable to disrupt the video game market, but armed with massive resources and time, its new push to level up could leave its competitors in the dust.