Business

Wendy Maeda | The Boston Globe | Getty Images The new Primark store at Downtown Crossing in Boston on Sept. 8, 2015. Associated British Foods on Tuesday reported a 1 percent fall in first-half profit, with a resilient performance at its Primark fashion business offset by a previously flagged reduction …

Dhiraj Singh | Bloomberg | Getty Images A pedestrian walks past an advertisement for Nike in Mumbai, India. Nike’s head of diversity and inclusion has left the company, the sportswear retailer told CNBC on Monday, marking the latest executive departure at the company. Antoine Andrews joined Nike in 2015, according …

George Frey | Reuters Bottles of prescription painkiller OxyContin made by Purdue Pharma LP sit on a shelf at a local pharmacy in Provo, Utah, April 25, 2017. Kineta Chronic Pain LLC has inked a drug collaboration deal with pharmaceutical giant Genentech to develop non-opioid chronic pain treatment. The Seattle-based …

NASA TESS, the Transiting Exoplanet Survey Satellite, is the next step in the search for planets outside of our solar system. SpaceX is getting set to launch a satellite for NASA that aims to discover thousands of planets over two years. NASA’s Transiting Exoplanet Survey Satellite (TESS) is slated to …

Getty Images Exterior view of the Siemens Forum, part of the Siemens Headquarters, in Munich, Germany. German multinational Siemens is expanding its already sizeable Middle East presence by investing in the digital sphere, to the tune of $500 million over the next three years. The engineering and software giant announced …

Alwyn Scott | Reuters General Electric Chief Executive Officer John Flannery presents the company’s new strategy and financial targets to investors at a meeting in New York, November 13, 2017. General Electric restated its 2016 and 2017 earnings results Friday. The industrial conglomerate reduced its 2016 earnings by 13 cents …

David Ryder | Bloomberg | Getty Images A Boeing Co. 737 MAX 9 jetliner sits on the production floor at the company’s manufacturing facility in Renton, Washington, U.S., on Monday, Feb. 13, 2017. The aircraft industry is increasingly reliant on titanium as a strong but lightweight material for use in …

Nathaniel S. Butler | NBAE via Getty Images Majority Owner Mikhail Prokhorov of the Brooklyn Nets addresses the media during a press conference prior to a game between the Atlanta Hawks and the Brooklyn Nets on April 8, 2015 at Barclays Center in Brooklyn, NY. Russian billionaire Mikhail Prokhorov has …

Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., on Tuesday, April 10, 2018. Facebook’s Chief Executive Mark Zuckerberg spent two days this week facing scrutiny …

General Electric’s finance business has “zero equity value,” Bank of America Merrill Lynch analysts wrote in a note Thursday. The GE Capital portfolio is under scrutiny after ending last year with $95 billion in debt outstanding, combined with two investigations into the business. The firm’s analysis comes as the Wall …