Eli Lilly to invest another $5.3 billion in Indiana plant to expand Mounjaro, Zepbound supply
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan…
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Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks
An M&M’s advertisement seen on a gas pump.Courtesy: GSTVThe next frontier for the ad market isn’t on TV — it’s…
Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service
Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo,…
Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after…
E.l.f. Beauty shares soar 19% after retailer indicates its torrid growth may not be over
E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer is expecting its…
Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business
In this photo illustration, dried cannabis flowers are displayed on April 30, 2024 in San Anselmo, California. The U.S. Drug…
GM CEO Mary Barra says she has no plans to retire soon as automaker’s transformation continues
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation…
Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
Jalen Brunson #11 of the New York Knicks drives to the basket during the game against the Indiana Pacers during…
Sales of newly built homes tank in April, as prices and interest rates rise
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York,…
Justice Department sues to break up Live Nation, parent of Ticketmaster
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust…
Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially millions of…
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
ESPN college football broadcast camera on display prior to the All State Sugar Bowl playoff game between the Texas Longhorns…
E.l.f. Beauty posts first $1 billion year, but shares fall on weaker-than-expected guidance
E.l.f Beauty products.Courtesy: e.l.f BeautyE.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the…
Target shares slide as consumers buy fewer groceries and home goods
A customer shops at a Target store in Miami, Florida, on May 20, 2024.Joe Raedle | Getty ImagesTarget on Wednesday…
Why Target and McDonald’s are cutting prices and offering deals
A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024.Joe Raedle…
Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts
Exterior view of the Pfizer headquarters building in New York City on Jan. 29, 2023.Kena Betancur | Corbis News |…
Target, McDonald’s and others are offering value as they lose ground with bargain hunters
A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024.Joe Raedle…
Rollback in IRA’s EV incentives would benefit China, says GM board member
Any significant reduction or a rollback of the Inflation Reduction Act’s support for electric vehicles would benefit China, according to…
Home sales slipped unexpectedly in April, despite big gains in supply
Sales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized…
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