Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar
Eli Lilly’s fourth-quarter earnings come as it tries to maintain its advantage over Novo Nordisk in the GLP-1 market....
Author : Douglas L. Grider
Disney names parks boss Josh D’Amaro as its next CEO to succeed Bob Iger, effective March 18
Disney has named Josh D’Amaro, chairman of Disney Experiences, as its next CEO, succeeding Bob Iger and clinching a closely watched succession race....
PepsiCo’s drink sales are improving, and it’s planning to cut snack prices
PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street’s estimates....
New York AG issues warning around prediction markets ahead of Super Bowl
New York Attorney General Letitia James is cautioning all New Yorkers about placing trades on prediction markets ahead of the Super Bowl....
Disney beats Wall Street expectations propelled by theme parks and streaming
In the background of Disney’s earnings report on Monday is the question of who will be named the successor to CEO Bob Iger. ...
Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks
Big Food has been selling off underperforming brands or even splitting up, as the industry faces weaker demand....
Eli Lilly CEO says Medicare coverage of obesity drugs could ‘change the game’ for upcoming pill launch
Lilly CEO Dave Ricks is confident in the ability of the company’s pill to compete and is preparing for a “full launch” in the second...
New cars are increasingly becoming a luxury amid K-shaped economy concerns
The market has increasingly been pricing millions of Americans out of the new-vehicle market, including by cutting entry-level vehicle lines such as small cars....
Trump’s ICE tactics force CEOs to choose between staying silent and risking White House backlash
Minneapolis has become the testing ground for when and how far corporate leaders will wade into escalating political tensions....
Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning
Starbucks is expected to release a long-term forecast and share more details about how it plans to hit those financial targets at an investor presentation....