Katherine Hamilton

2 weeks ago | tradingview.com | Helena Smolak |Katherine Hamilton

By Helena Smolak and Katherine HamiltonPharmaceutical stocks sank lower Wednesday after President Trump doubled down on his promise to slap tariffs on a long-exempt industry, causing market turmoil globally. The Dow Jones U.S. Pharmaceuticals Index slipped 3.7% to 768.75 Wednesday morning, at one point hitting a 52-week low of 766.61. AbbVie shares fell 5.9% to $165.34, while Eli Lilly, Merck and Pfizer all declined about 3%.

2 weeks ago | tradingview.com | Katherine Hamilton |Alison Sider

Republic Airways, Mesa Air to MergeUpdateMESABy Katherine Hamilton and Alison SiderRepublic Airways and Mesa Air Group agreed to merge, creating a publicly traded regional-airline giant. The deal is the latest move in a long-running shake-out among regional airlines that fly on behalf of larger carriers. The Carmel, Ind., and Phoenix companies said Monday they plan to name the merged company Republic Airways and list it under the symbol RJET.