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Novartis’s generics unit Sandoz forecast product pipeline net sales of $3 billion over the next five years and a core earnings margin of 18%-19% this year, lower than previously forecast due to inflation and costs.
The search giant, which asks most workers to be in an office three days a week, will consider attendance as part of performance.
Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.
A bankruptcy judge upholds the bedding maker’s disputed 2020 debt deal, handing control to majority lenders.
The U.S. arm of Binance, the world’s largest crypto exchange, lost $181 million last year, filings by the Securities and Exchange Commission showed.
CNN parted ways with its chief executive, ending a tenure of a little over a year that was marked by a series of missteps.
The vehicle companies have offered free software as a fix to the problem.
Investors have been piling into Tesla Inc.’s stock as it rallies toward its longest winning streak since January 2021.
Campbell Soup reported a decline in U.S. soup sales, but said consumers are starting to shift purchasing back to shelf-stable products and away from pricier items on the supermarket perimeter.
Amazon is planning to launch an advertising-supported tier of its Prime Video streaming service as it looks to generate more revenue from entertainment.
Source: Dow Jones Newswires
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