Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next

President Trump has said the government could buy Spirit....

FDA fast-tracks psychedelic drug research following Trump executive order

It's a big shift toward supporting psychedelic-based medicines for treatment-resistant depression, PTSD and substance use disorders, the FDA said....

Procter & Gamble earnings beat estimates as sales grow 7%

The company reiterated its full-year forecast for earnings and sales....

New York's pied-a-terre tax sets up legal fight over values

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes....

Nike cuts 1,400 roles in second round of layoffs this year

Nike announced 1,400 layoffs, primarily in its technology department, on Thursday after cutting 775 jobs in January....

Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for free

Regeneron is the latest in a string of major drugmakers to make pricing concessions for new and existing medicines under agreements with Trump. ...

Spirit Airlines' cash won't 'last for very much longer,' but Trump says government could buy carrier

President Trump confirmed the government could provide a rescue package for Spirit Airlines or buy the carrier outright....

Starbucks' loyalty program changes are drawing value-conscious customers

Starbucks made some major changes to its long-standing loyalty program last month....

Warner Bros. Discovery shareholders approve Paramount acquisition

Warner Bros. Discovery held a special meeting on Thursday for shareholders to vote on Paramount's proposed acquisition of the company....

American Airlines CEO says merger with United would be 'bad for customers'

United CEO Scott Kirby floated the idea of a merger with American to a Trump administration official earlier this year, according to sources....