Eli Lilly sues Strive and Empower over compounded tirzepatide
The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, on Sept. 17, 2020. Mike Blake | Reuters Eli Lilly is suing two pharmacies for compounding Zepbound and Mounjaro, claiming the companies are skirting the Food and Drug Administration’s ban on the practice and luring people away from Lilly’s […]
GM reports robust first quarter sales as industry braces for tariffs
SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs that are set to take effect this week. GM on Tuesday […]
Newsmax stock rises after IPO
Shares of conservative cable channel Newsmax soared more than 100% in afternoon trading Tuesday, a day after the stock’s dizzying debut on the New York Stock Exchange. Newsmax shares spiked more than 700% in their first trading day Monday, closing at $83.51 per share. The stock opened the day at $14 per share. Traditional media […]
Airline stocks slide more as concerns grow over consumer travel
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down roughly 5% in morning trading […]
Federal funding cuts raise questions about university endowments
Columbia University Education Images | Getty Images In early March, the Trump administration canceled $400 million in grants and contracts to Columbia University over its handling of pro-Palestinian protests last year. The federal government sent the university a list of demands, such as suspending or expelling students who participated in the demonstrations. Columbia agreed to […]
Newsmax stock starts trading on NYSE
Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention begins, in Milwaukee, Wisconsin, July 14, 2024. Joe Raedle | Getty Images News | Getty Images Newsmax went public on the New York Stock Exchange on Monday, as the conservative cable news network audience has […]
Vaccine stocks fall after FDA’s Peter Marks resigns over RFK Jr.
Rafael Henrique | Lightrocket | Getty Images Shares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of Health and Human Services Secretary Robert F. Kennedy Jr.’s views on immunization. The departure of Peter Marks, the Food and Drug Administration’s top vaccine regulator, has raised fresh fears about […]
AMC bets on premium screens as Hollywood slate boasts blockbusters
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | Reuters Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC […]
Novo Nordisk’s diabetes pill Rybelsus slashes cardiovascular risk
Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new treatment option for people living with diabetes and heart disease. The pill lowered the risk of cardiovascular-related death, heart attack and stroke by 14% compared to a placebo after four […]
Foley artists bring a human touch to moviemaking even with rise of AI
Foley artist Gary Hecker recreates sounds (in this case, galloping horses) on the Foley sound stage at Todd-AO Studios in Santa Monica, California, July 3, 2012. Don Kelsen | Los Angeles Times | Getty Images In a small studio tucked within the Sony Pictures lot, Gary Hecker makes art with sound. His canvases are some […]
