Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected
1970-01-01 08:00
Harris says new rule means 'thousands of extra dollars' for workers on federal construction projects
Vice President Kamala Harris has announced changes to labor rules that could raise wages for construction workers on federal projects
1970-01-01 08:00
Campbell Soup will buy maker of Rao's sauces for $2.7 billion
Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces
1970-01-01 08:00
Italy proposes bank tax to help people with interest rate hikes, sending stocks plunging
Italian bank stocks have plunged after the Cabinet approved a proposal to apply a temporary tax on some 2023 bank profits
1970-01-01 08:00
FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing
U.S. regulators are warning airlines about a new risk on Boeing 737 Max jets
1970-01-01 08:00
Nonprofits are lobbying a lot less than two decades ago, according to new research
A generation ago nonprofit organizations regularly lobbied for legislation and served as advocates on issues
1970-01-01 08:00
UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers
1970-01-01 08:00
Japan's tech investor SoftBank trims losses and promises offensive turnaround
Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn
1970-01-01 08:00
Stock market today: Global markets lower ahead of US inflation update
Global stock markets and Wall Street futures are lower ahead of this week's U.S. inflation update
1970-01-01 08:00
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years
1970-01-01 08:00
Biden to announce historic Grand Canyon monument designation during Arizona visit
President Joe Biden will use his visit to Arizona to formally announce a national monument designation for the greater Grand Canyon
1970-01-01 08:00
China's July exports tumble by double digits, adding to pressure to shore up flagging economy
China's exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump
1970-01-01 08:00