GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
In a significant move that underscores the challenges facing the automotive industry, General Motors (GM) has confirmed the layoff of…
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Eli Lilly, Walmart to offer first retail pickup option for discounted vials of weight loss drug Zepbound
Beginning in mid-November, cash-paying patients will have the opportunity to purchase Zepbound vials at significant discounts, potentially saving 50% or…
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FDA to speed up approvals of generic biologic medicines as Trump targets high drug costs
In a significant effort to address the soaring costs of prescription drugs in the United States, the Trump administration has…
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How a lapse in SNAP benefits could affect consumers and retailers
As the prospect of a government shutdown looms, concerns are mounting over the potential impact on crucial social safety nets,…
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Chipotle stock plunges 13% as chain lowers sales forecast, says younger diners are cutting back
Chipotle Mexican Grill has faced a significant downturn in its stock performance this year, with shares plummeting by 33%, leading…
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This doctor raised $130 million from Michael Dell, Jim Breyer and others to try to fix health care
In a groundbreaking move to revolutionize healthcare delivery, Dr. Clay Johnston has launched Harbor, a new healthcare platform designed to…
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Merck tops estimates on Keytruda strength and narrows profit outlook, as it lowers estimated tariff hit
In a recent update, pharmaceutical giant Merck & Co. announced a revision to its profit guidance, attributing the change to…
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Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar
Eli Lilly is making significant strides in the competitive landscape of obesity and diabetes treatments, particularly within the rapidly expanding…
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Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid
In a striking display of financial influence and political engagement, prominent figures such as Bill Ackman, Ronald Lauder, William Lauder,…
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Analysts think Trump would block a Comcast-WBD deal. Comcast says M&A is ‘viable’
In a recent address to investors, Comcast's President Mike Cavanagh expressed a bullish outlook on mergers and acquisitions (M&A) within…
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