Business

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly’s experimental drug helped patients lose up to 24% of their weight after almost a year, the highest reduction seen in the obesity treatment space to

Republican presidential candidate, Florida Gov. Ron DeSantis speaks during a campaign rally on June 26, 2023 in Eagle Pass, Texas. Brandon Bell | Getty Images Attorneys for Florida Gov. Ron DeSantis on Monday asked a federal court to dismiss Disney’s political retaliation lawsuit, arguing that he and at least one other defendant are “immune” because

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Monday said it would stop developing its experimental obesity and diabetes pill, lotiglipron, due to elevated liver enzymes in patients who took the drug once a day in mid-stage clinical studies.  Those elevated enzymes often indicate

Dove Ice Cream Bars are packaged at Mars’ factory in Burr Ridge, Illinois. Source: Mars Candy giant Mars is trying to make a name for itself in a new category: ice cream. The family-owned company aims for its ice cream business to reach $1 billion in sales worldwide by 2030. In May, Mars tapped executive

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Ezra Miller stars as Barry Allen in Warner Bros.’ “The Flash.” Warner Bros. Discovery “The Flash” is a flop. “Black Adam” was a bust. And does anyone remember “Shazam: Fury of the Gods”? DC Studios needs more than a hero, it needs a new strategy

Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty Images Companies and industries have ups and downs. The legacy media industry is in a valley. The first half of 2023 has been a colossal disappointment

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A worker directs a Southwest Airlines Co. Boeing 737 passenger jet pushing back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Images Southwest Airlines said Friday that it has reached

In this article SG Follow your favorite stocksCREATE FREE ACCOUNT In early May, Sweetgreen opened its first automated location, in the Chicago suburb of Naperville, Illinois. After only a few weeks operating the restaurant, the salad chain is preparing to go all in on the technology to cut labor costs and improve the customer experience.

Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023.  Mandel Ngan | AFP | Getty Images The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in

In this article QSR Follow your favorite stocksCREATE FREE ACCOUNT Burger King’s plan to revive its U.S. business is already showing signs of improved franchisee profitability, on top of stronger sales. “We’ve moved sales back in the right direction, but we’ve already started to move franchise profitability meaningfully higher,” Josh Kobza, CEO of parent company

Oddity Il Makiage Coutesy: Oddity Beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public Friday as the once-frozen IPO market warms up.  The Israel-based company plans to trade on the Nasdaq using the ticker ODD. The company didn’t immediately disclose how the offering would be priced

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles, June 12, 2022. David Mcnew | Getty Images Some organized Starbucks stores will strike across the U.S. starting Friday in Seattle after the coffee giant

In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Cleanup efforts continue on portions of a Norfolk Southern freight train that derailed in East Palestine, Ohio, Feb. 9, 2023. Gene J. Puskar | AP Norfolk Southern supervisors didn’t address an engineer’s safety concerns before a train loaded with toxic chemicals derailed in East Palestine,

In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT Carrier aircraft VMS Eve releases spacecraft VSS Unity before firing its rocket engine during the Unity 25 spaceflight on May 25, 2023. Virgin Galactic Virgin Galactic has successfully raised $300 million via an “at the market” offering of common stock, the company disclosed in a

In this article ABI-BE TGT Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Gene Kim Attacks against businesses for their inclusion of the LGBTQ+ community have forced companies to try to strike a balance between expressing values or risking backlash — and even violence — from a small but vocal part of their customer bases.

Chicken produced in a laboratory from chicken cells. Terry Chea | AP The U.S. Department of Agriculture has approved the sale of cell-cultured chicken in a landmark decision that clears the path for consumers to try it out themselves, the two startups that received the first approvals said Wednesday. Cultured meat, also known as cultivated,

PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images Key lawmakers on Wednesday invited the officials behind the proposed deal between the PGA Tour and Saudi-backed rival LIV Golf to testify at a Senate

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Target has a new way to speed packages to customers who live in the farther-out suburbs and neighborhoods of major cities, as it tries

In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California. Mario Tama | Getty Images Novo Nordisk on Tuesday sued five medical spas and wellness clinics for allegedly selling cheaper, unauthorized versions

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond is working on another last-ditch effort to keep one of its chains alive. The retailer said