Eli Lilly LLY cuts 2024 revenue outlook on weight loss drugs
The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly cut its revenue guidance on Tuesday as it said demand for its weight loss and diabetes drugs would not meet its lofty expectations. The drugmaker’s […]
Tax breaks are becoming more generous for natural disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around Los Angeles.
The stock market’s ‘Trump bump’ will be back. Just be patient.
The stock market’s rough 2025 start should smooth out after the presidential inauguration.
Eli Lilly CEO expects new weight loss pill to be approved next year
David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV on Monday. The company is set to release key late-stage trial data on the drug, orforglipron, by the middle of this year. Eli […]
‘I’m rich beyond my wildest dreams’: I’m 66 and inherited $500,000. How do I make sure this money lasts?
“Should I buy an investment property? Stocks? CDs?”
Moderna lowers 2025 sales forecast by $1 billion
The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now […]
The risk of dementia is even worse than we thought, new research says
The lifetime risk of dementia after age 55 is double previous estimates.
Netflix and Comcast among companies donating to LA wildfire relief
Evacuees from the Eaton Fire dwell among heaps of clothes displayed on the ground at a donation center in Santa Anita Park, Arcadia, California, on Jan. 13, 2025. Etienne Laurent | AFP | Getty Images As Los Angeles continues to battle wildfires that have destroyed parts of the city and killed at least 24 people, […]
Unhappy with your Medicare Advantage? You have one more chance to change your mind.
It’s open enrollment for Medicare Advantage. You can switch or drop your plan — but make sure you check your Medigap coverage
Comcast, Harris Blitzer to build NBA, NHL stadium in South Philadelphia
Joe Daniel Price | Moment | Getty Images Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal represents a reversal from previous plans to build an arena in the Center City district […]
