Apple is expanding its revenue sources by securing highly leveraged deals for its streaming service, Apple TV. On Friday, it officially announced a 5-year contract, valued at $700 million, to broadcast Formula 1 races exclusively on Apple TV, free for its subscribers.

Wall Street’s biggest banks are taking advantage of rising stock underwriting after a powerful equity rally reignited the IPO market, fueling double-digit percentage gains in advisory revenue.

Nio was sued by Singapore’s sovereign wealth fund over claims the Chinese electric-vehicle maker juiced its numbers.

Wall Street has experienced one of its most profitable quarters, according to earnings reports from major banks on Tuesday.

Since then, supply has returned thanks to Lilly's investments in manufacturing and a move to also offer Zepbound, previously only sold in injector pens, in single-dose vials -- these are easier and cheaper to produce than injector pens, helping Lilly bring more of this drug to market faster.

On 1987, Wall Street experienced its sharpest single-day collapse in history as the Dow plunged 22.6 per cent — an event known as ‘Black Monday’. Also on this day, Saddam Hussein’s trial began, streptomycin was discovered,