Colin Kellaher

Netflix’s board has added $25 billion to the streaming giant’s stock-buyback program.

After dropping its $72 billion bid for Warner Bros. Discovery's studios and HBO Max, Netflix is investing more on itself. The streamer just boosted its stock-buyback program by a whopping **$25 billion

Thermo Fisher Scientific has struck a deal to sell its microbiology business to European private-equity firm Astorg for about $1.075 billion.

GE HealthCare Technologies cut its profit outlook for the year after prices for memory chips, oil and freight jumped during the recent quarter.

Colin Kellaher MSA Safety has struck a deal to buy Autronica Fire & Security, a provider of fire and gas detection and alarm systems, from

Six Flags reported higher first-quarter revenue as attendance and customer spending each increased. The company also said Brian Witherow is stepping down as chief financial officer.

Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.

The stock fell sharply after the drugmaker said a late-stage clinical trial of a skin cancer medication fell short of its target.

Philip Morris International said it is booking a roughly $500 million impairment charge in the second quarter to reduce the carrying value of its investment in Canadian affiliate Rothmans Benson & Hedges, or RBH.

Incyte has agreed to buy Vega Therapeutics for up to $2 billion in a deal that expands the biopharmaceutical company’s hematology portfolio into bleeding disorders.