Business News

Business

CEO Salaries Soar 50% in Six Years, Leaving Workers Behind with Mere 0.9% Wage Growth

A recent Oxfam report reveals a 50% surge in CEO salaries over six years, contrasting sharply with a mere 0.9% wage growth for workers. The report also highlights the persistent ge...

Business

India Sets New Export Record with $825 Billion in 2024-25 Amid Global Trade Challenges

India's exports reached a record $825 billion in 2024-25, driven by a significant rise in service exports. Despite global trade challenges, sectors like telecommunications and fina...

Business

Linde plc Reports Steady Q1 Sales at $8.1 Billion Amid Mixed Regional Performance

Linde plc reports Q1 2025 sales of $8.1 billion, with net income rising to $1.67 billion and a 5% increase in EPS. Regional results vary, with growth in the Americas but declines i...

Business

CVS Health Surpasses Expectations with a 7% Revenue Jump to $94.6B in Q1 2025

CVS Health Corporation announced a 7% revenue increase to $94.6 billion in Q1 2025, with net income rising to $1.78 billion. The company adjusted its 2025 financial outlook, showca...

Business

General Motors Faces $5B Tariff Impact, Slashes 2025 Profit Outlook Amid Trade Uncertainties

General Motors lowers its 2025 earnings forecast due to a $5 billion exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 billion. CEO Ma...

Business

Eli Lilly Surges with a 45% Revenue Jump to $12.7 Billion in Q1, Fueled by Weight-Loss and Diabetes Drugs

Eli Lilly's Q1 revenue soared by 45% to $12.73 billion, thanks to strong sales of Mounjaro and Zepbound. The company also reported a net income of $2.76 billion, up 23% YoY, and an...

Business

McDonald's Q1 Revenue Dips 3% to $5.9 Billion Amid Market Challenges

McDonald's reports a 3% drop in Q1 revenue to $5.9 billion, missing market estimates. Net income and earnings per share also declined, as shares fell 3.02% premarket.

Business

Biogen Surges with a 6% Revenue Increase to $2.4 Billion in Q1 2025

Biogen Inc. reports a 6% revenue increase to $2.4 billion in Q1 2025, despite a dip in earnings per share. CEO Christopher Viehbacher emphasizes the strategic shift towards diversi...