Business

Small Business Administration Set to Remove 628 Companies From Development Program

Business The Epoch Times -
SBA is removing 628 companies from its 8(a) Business Development Program after they refused to produce, for review, three years of financial documents.

Netflix Abandons Warner Bros. Bid; Paramount Set to Take Over

Business The Epoch Times -
Netflix Inc. will walk away from its proposal to buy Warner Bros Discovery after declining to match Paramount Skydance’s latest offer.
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Novo Nordisk to Cut Ozempic, Wegovy Prices Up to 50 Percent in US

Business The Epoch Times -
Novo Nordisk will cut Ozempic and Wegovy list prices by up to 50% starting Jan. 1, 2027, aiming to improve access to weight-loss drugs.

Why Netflix and Paramount Are Trying to Buy the Warner Bros. Empire

Business The Epoch Times -
Warner Bros. Discovery said on Feb. 17 that it will resume negotiations with Paramount Skydance after securing a seven-day waiver from Netflix.

Kraft Heinz Pauses Split as New CEO Says Packaged Foods Giant Is ‘Fixable’

Business The Epoch Times -
Kraft Heinz is pausing plans to split into two companies as new CEO Steve Cahillane says its problems are “fixable and within our control.”

Crypto Winter Pushes Bitcoin Into Bear Market

Business The Epoch Times -
‘It’s unclear what the future [of Bitcoin] will look like,’ said David Miller, senior portfolio manager at Catalyst Funds.

Dow Hits 50,000 for First Time Ever

Business The Epoch Times -
Equity markets rallied Friday as the Dow Jones Industrial Average crossed the 50,000 threshold at 2:30 p.m. ET for the first time ever.

US Consumer Sentiment at Highest Level Since August 2025: UMich

Business The Epoch Times -
American consumers grew more upbeat for the third consecutive month as inflation expectations continued to ease.
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