Nissan Motor unveiled sweeping new cost cuts, saying it would eliminate 11,000 more jobs and close 7 plants, capping a ...

President Donald Trump is attempting to slash drug prices for Americans by more closely aligning their costs to lower prices paid abroad, renewing and expanding upon a failed push from his first term.

U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their ...

The order is a blow to the pharmaceutical industry, which is already bracing for Trump’s planned tariffs on prescription ...

Pfizer (NYSE:PFE) is one of the world’s largest pharmaceutical companies, but at $22.59 per share as of this writing, the ...

Amid the ongoing uncertainty about tariffs, muted earnings season, and recession concerns, the stock market has remained ...

The Social Security Administration estimated its recent staff cuts and reorganization have added up to savings of more than $1 billion, but several Democratic U.S. senators have asked for ...

On a Thursday conference call with investors, Moderna CFO Jamey Mock outlined a roadmap for the mRNA specialist to lower its ...

Jefferies analyst Brent Thill believes that Meta could make further cuts in its money-losing Reality Labs business, where it has reportedly [already cut 100 jobs](https://www.b ...

The company expects to save an additional $1.2 billion from automation, AI and other digital tools.

Pfizer’s Irish staff face an anxious wait after the company said it was seeking another €1.5bn in annual cost savings globally on top of €5.3 billion previously announced over the past two ...

After years of falling Covid treatment sales, lukewarm drug launches and a fizzled out weight-loss play, Pfizer is focusing on cost-cutting and reinvesting in new drug research in hopes that it ...