Eli Lilly is launching a lower-priced version of its weight loss drug Zepbound to increase access and combat counterfeit versions.
Firm Management
Bluesky Warns of Tech Outage After Usage Traffic Surges in Brazil Following X Ban
Bluesky saw a surge in users in Brazil after the country banned Elon Musk's X platform, leading to performance issues due to high traffic.
Nbcuniversal’s Olympics Strategy Draws 30 Million Viewers and $1.2 Billion in Ad Revenue
NBCUniversal's overhaul of its Olympics coverage led to a record $1.2 billion ad revenue and more than 30 million viewers for the 2024 Paris Games, thanks to a revamped strategy focused on Peacock.
Bob Iger's Search for New Disney CEO Intensifies as Contract Deadline Approaches
Bob Iger is intensely focused on finding his successor before his contract ends in December 2026, with former Morgan Stanley CEO James Gorman leading the search committee amid ongoing challenges for Disney.
Ryanair CEO Proposes Two-Drink Limit to Prevent Aggressive In-Flight Behaviors
Ryanair CEO Michael O'Leary proposes a two-drink limit for passengers at airports to combat increasing in-flight disorder and violent incidents.
Latest News
Telegram CEO Pavel Durov was arrested in France for allegedly failing to moderate criminal activity on his platform.
Nestlé has ousted Mark Schneider as CEO and replaced him with Laurent Freixe amid recent financial struggles and a drop in stock price. At the same time, analysts express optimism about the leadership change.
Brian Niccol, Starbucks' new CEO, faces criticism for his planned 1,000-mile commute from California to Seattle via corporate jet and his $1.6 million base pay with up to $7 million bonus.
A Greek oil tanker, the Sounion, was set on fire and left drifting in the Red Sea after an attack by gunfire from small boats off Yemen, raising environmental and insurance concerns.
Donald Trump's Florida golf resorts are now the primary source of revenue for his business empire, bringing in around $80 million annually.
California Governor Gavin Newsom has signed 10 new laws to combat organized retail crime, focusing on shoplifting, vehicle theft, and the resale of stolen goods online, with increased penalties for middlemen and stricter regulations for online sellers.
The Nevada Gaming Control Board has accused Resorts World Las Vegas of enabling illegal gambling and failing to address violations related to bookmaking and criminal ties.
Walmart's Q2 revenue hit $169.34 billion, exceeding expectations, with a 4.8% increase from last year and a 9.8% rise in adjusted earnings per share.
Foxconn's second-quarter profit rose 6%, driven by strong demand for AI servers and next-generation computing solutions.
