Business

The ongoing struggle against respiratory syncytial virus (RSV) has reached a pivotal moment with the FDA’s recent approval of Merck’s groundbreaking monoclonal antibody, Enflonsia. As the virus wreaks havoc particularly on infants and older adults, the urgent need for effective preventative measures could not be more pronounced. Each year, RSV leads to thousands of hospitalizations
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As air travel evolves, so too does the allure of airport lounges—a sanctuary for weary travelers seeking respite from the bustle of terminals. In recent years, these exclusive havens have transformed from hidden gems into must-have amenities granted by premium credit cards. They promise an oasis of comfort, but now, with increasing demand, the privilege
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In a surprising turn of events, the used vehicle market is showing signs of cooling after an unprecedented surge in prices, as reported by Cox Automotive. The Manheim Used Vehicle Value Index, a crucial barometer for tracking pre-owned car prices, saw a decline of 1.5% from April to May. Though this might seem like a
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Procter & Gamble (P&G), a titan in the consumer goods industry, has announced a staggering plan to cut approximately 7,000 jobs, which translates to around 15% of its non-manufacturing workforce. This drastic measure is a direct response to the company’s struggle with sluggish growth, especially in its most significant market, the U.S. This decision doesn’t
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In a savvy maneuver reflective of today’s entrepreneurial spirit, Peloton has introduced its groundbreaking resale platform, Repowered, aiming to breathe life into the countless exercise machines rusting in users’ homes. This marketplace, designed for buyers and sellers within its engaged community, leverages generative AI to assist in pricing, taking a significant step towards re-establishing Peloton’s
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The U.S. office market is undergoing a seismic transformation, turning decades of conventional wisdom on its head and challenging our relationship with workspaces. After nearly three years of pandemic-driven disruption, we are witnessing an unprecedented trend where demolitions and conversions of office spaces are outpacing new constructions—a telling sign of changing occupational dynamics. According to
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In today’s competitive aviation landscape, U.S. airlines are engaged in a high-stakes gamble to redefine luxury in international business class. With each company flaunting its unique upgrades—American Airlines’ new “suites” featuring privacy doors and wireless charging stations, United Airlines’ Polaris Studio with expansive screens and watch-friendly ottomans—passengers are caught in a whirlwind of opulence. However,
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Costco’s recent fiscal achievements paint a fascinating picture of resilience in an increasingly unpredictable economic landscape. As the company reported quarterly earnings that exceeded analysts’ expectations, a closer look at these figures reveals not just the success of a warehouse retail model, but also a strategic navigation through turbulent waters. With earnings per share at
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