Today’s digital giants are changing the definition of a diversified portfolio. As industrial giants like GE and Honeywell—once models of diversified portfolios—split up, consider how companies like Amazon, Apple, and Alphabet operate across many unrelated sectors, like e-commerce, cloud computing, entertainment, financial services, smart homes, logistics, and healthcare. As traditional diversification theories based on economies…
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President Trump announced a deal with Eli Lilly and Novo Nordisk to lower prices on hugely popular weight-loss drugs for Medicare, Medicaid and American patients who pay with their own money.
Customs officials were ordered to inspect more than 200,000 packages entering the country at Charles de Gaulle Airport.
U.S. Representative Nancy Pelosi (D-CA) takes the stage on Day 3 of the Democratic National Convention (DNC) at the United Center, in Chicago, Illinois, U.S., August 21, 2024. Kevin Wurm | Reuters Nancy Pelosi, the California Democrat who made history as the first female speaker of the House of Representatives, said Thursday she will not…
Reinsurer Swiss Re streams near-real-time flood maps into its catastrophe-risk services, accelerating its claims processing and disaster response. Cargill, the Minnesota-based agribusiness company, uses a satellite-monitoring platform to track land use and forest loss across its global supply chains, strengthening its pledge to be deforestation-free by 2030. Maersk, the Copenhagen-based shipping and logistics company, has…
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The banking giant’s C.E.O. said he wanted to keep lines of communication open with the mayor-elect of New York.
