Wednesday, March 11, 2026
Drugmaker Eli Lilly cuts 3,500 jobs to save $500 million from 2018
Eli Lilly & Co. plans to cut 8.5 percent of its workforce and close some facilities as the drugmaker deals...
Read moreDetailsU.S. jobless claims jump the most in nearly 5 years amid surge in applications
The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week...
Read moreDetailsToronto housing market slump continues with August drop
Housing prices in Toronto continued their summer slump in August as government regulations and fears about a market softening curbed...
Read moreDetailsAnother U.S. economic hub to be hit as Hurricane Irma churns toward Florida
Businesses are bracing for the worst as Hurricane Irma barrels toward South Florida, packing potentially catastrophic winds. According to Bloomberg's...
Read moreDetailsUnited Tech to buy Rockwell Collins for $30 billion
Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc,...
Read moreDetailsEthiopian Airlines plot takeover of Nigeria’s Arik Air
Nigeria’s Arik Air would soon be under a new management as Ethiopian Airlines have submit formal offer to take charge...
Read moreDetailsToshiba misses a self-imposed chip sale deadline, increasing future risks
Toshiba (TOSBF, +0.07%) failed to seal a deal to sell its prized chip business by a self-imposed deadline of Thursday,...
Read moreDetailsNovartis $475,000 gene therapy offers cancer treatment paradigm shift following approval
Novartis AG Wednesday won highly anticipated U.S. approval for the first of a new type of potent gene-modifying immunotherapy for...
Read moreDetailsUber officially welcomes Expedia’s Dara Khosrowshahi as CEO
Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for...
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