Spanish beauty group Puig buys remaining ISDIN stake in €1.20 billion deal

Space Exploration Technologies (SPCX +2.15%) is perhaps the most ambitious company in history. The rocket launch company that just went public in the largest initial public offering (IPO) ever, raising $85.7 billion in the process, is also trying to tackle artificial intelligence (AI) infrastructure, satellite internet, and even semiconductor fabrication. SpaceX just reported second-quarter earnings,…

Are Biotech Stocks The 'Comeback Kid' Of 2026? I Say Yes

Citigroup Inc has entered into an arrangement with Axis Bank Ltd to finance non-resident Indians investing in foreign-currency deposits with the Indian lender, according to Bloomberg, citing people familiar with the development. Under the arrangement, Axis Bank will issue standby letters of credit to support financing provided by Citigroup through its offshore operations, Bloomberg reported….

The shares of Dr Reddy’s Laboratories tumbled another 4% on Friday, extending their decline to more than 9% over two days after the company said commercial supplies of its semaglutide product would be delayed due to a quality-related issue involving the active pharmaceutical ingredient (API) used in certain batches. The pharma company’s shares fell to…

A $1.2 billion deal meant to launch a global beauty empire has shrunk to an attempt to revive one struggling makeup brand whose sales are plunging. In early 2021, Michel Brousset, the former group president of L’Oréal’s Consumer Products Division in North America, and fellow beauty executive Hind Sebti launched Waldencast Acquisition Corp. It was…

401(k) hardship withdrawals hit a record high last year. Six percent of workers in Vanguard-managed retirement plans pulled money out early. That’s up from five percent the year before, marking the sixth straight annual increase. Most of these withdrawals cover real problems: a looming eviction, a medical bill, a repair that can’t wait. Here’s what’s…