Why sales of Eli Lilly’s Zepbound and Mounjaro fell short
Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the third quarter, even as supply of both medicines have largely recovered from widespread shortages in the U.S. The reason, according to the company, is not an issue of demand or supply. Eli Lilly instead blamed disappointing sales on drug […]
‘Am I a monster for keeping this to myself?’ I bought a house with my boyfriend, but didn’t reveal I have $50,000 in investments. Do I come clean?
“I could have cashed out my investments to get us closer to a 20% down payment.”
Starbucks Oleato olive oil drinks leaving U.S. cafes in early November
Starbucks’ new Oleato coffee beverages. Starbucks Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November. The decision to remove the Oleato drinks from domestic menus predates newly installed CEO Brian Niccol, who arrived at Starbucks in early September, a company spokesperson said. However, it aligns with Niccol’s strategy to simplify […]
Eli Lilly (LLY) earnings Q3 2024
Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance. […]
Humana’s earnings boosted as Medicare Advantage membership exceeds expectations
The health insurer still sees full-year adjusted per-share earnings of at least $16.
Lucid has high hopes for new Gravity SUV as customer orders open
Lucid Gravity Grand Touring SUV Lucid Electric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a “significant increase” in sales volumes to narrow the company’s losses, according to CEO Peter Rawlinson. The Gravity is Lucid’s second vehicle following the Air sedan, which the luxury EV manufacturer has […]
Global gold demand tops $100 billion for first time ever in third quarter
Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold Council released Wednesday.
Gatorade signs Duke basketball’s Cooper Flagg to NIL deal
Cooper Flagg, #2 of the Duke Blue Devils, moves the ball against the Arizona State Sun Devils during the game at Cameron Indoor Stadium in Durham, North Carolina, on Oct. 27, 2024. Grant Halverson | Getty Images Gatorade is adding another big-name athlete to its already loaded portfolio. First-year Duke men’s basketball player Cooper Flagg […]
Kaboom! Elon Musk predicts ‘hardship,’ economic turmoil and a stock market crash if Trump wins.
Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.
Chipotle Mexican Grill (CMG) Q3 2024 earnings
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Angus Mordant | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants. Shares of the company fell 3% in extended trading. Here’s what […]
