Eli Lilly plans to complete its application for FDA approval of tirzepatide in the coming weeks and expects regulatory action as early as later this […]
Continue readingCategory Archives: Uncategorized
Gap to lay off 1,800 workers as part of broad push to cut costs
Gap will lay off 1,800 employees in headquarter roles and leadership positions in a cost-cutting initiative that will save the retailer $300 million.
Continue readingComcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations, despite a tough comparison to last year, when NBC aired both the Super Bowl and Beijing Olympics during the first quarter.
Continue readingIl Makiage parent Oddity buys biotech startup Revela to design new molecules for beauty products
The company will use AI-based molecule discovery, a common tool in pharmaceutical drug development, to target cosmetics pain points like hair loss and aging.
Continue readingSouthwest posts wider-than-expected loss as toll of holiday crisis stretches into 2023
Southwest Airlines lost $159 million in the first quarter as the financial impact of its holiday meltdown stretched well into 2023.
Continue readingGM raised guidance, but its stock fell. Why Wall Street isn’t buying in
Analysts say eroding pricing power, labor concerns and challenges in producing EVs will make it harder for GM to perform at the profitability levels it […]
Continue readingTucker Carlson breaks his silence without addressing why Fox News fired him
Tucker Carlson broke his silence in a video on Twitter two days after he was fired from his primetime post on Fox News.
Continue readingIllumina CEO touts Grail’s 100% revenue growth amid proxy fight with Icahn
CEO Francis deSouza said San Diego-based Illumina can significantly expand the market for Grail’s early cancer screening test.
Continue readingBipartisan Senate bill would push ticket sellers to disclose fees upfront
The TICKET Act from Sens. Cantwell and Cruz outlines a comprehensive series of requirements for primary and secondary ticketing vendors to disclose fees.
Continue readingEd Sheeran is being sued for allegedly copying Marvin Gaye — here’s where the trial stands
Musician Ed Sheeran is in court this week to deny claims that his 2014 song “Thinking Out Loud” is a copy of Marvin Gaye’s 1973 […]
Continue reading