Eli Lilly Says It Will Invest 18 Billion to Expand Manufacturing for Weight Loss Diabetes and Alzheimers Drugs
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Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - 6h -
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.MarketWatch - 8h -
Los Angeles Is Being Crushed Under the Weight of Inaction
At this point, we’d take concepts of a plan.The New York Times - 23h -
Eli Lilly CEO expects new weight loss pill to be approved next year
Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.CNBC - 1d -
Eli Lilly strikes deal for cancer treatment, gives timeline for weight loss pill
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 1d -
Johnson & Johnson makes $15 billion bet on mental-health drugs
Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.MarketWatch - 1d -
U.S. stocks are falling. Here’s why Goldman says to stay invested in 2025.
Here’s why it worth staying invested in the U.S. stock market despite the recent rout and higher bond yields, according to Goldman Sachs Group’s wealth-management businessMarketWatch - 1d -
'I feel blessed to get weight-loss jab' - but can the NHS afford it for all?
We meet some of the first NHS patients, as expert says funding everyone eligible would "bankrupt" the service.BBC News - 1d -
Honoring a beloved mentor with Alzheimer's
When Clay Morton was a student at the University of Arkansas, he was greatly inspired by his geology professor, Dr. Walt Manger, who became a mentor and a guiding light as Morton pursued a career ...CBS News - 2d -
Malaysia expects surge of Chinese investment, economy minister says
Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffsFinancial Times - 3d -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - 4d -
What's next for Penn State after Orange Bowl loss? It starts with James Franklin, who's 1-18 vs. top-5 teams
Franklin clearly has some block against elite foes, and his roster has all sorts of questions to iron out in 2025CBS Sports - 4d -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - 5d -
Medicare can now cover Eli Lilly's Zepbound for sleep apnea, Health Department agency says
It opens the door for broader coverage and access to Zepbound, which is not currently covered by Medicare and many other insurance plans for weight loss.CNBC - 5d -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - 5d -
Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly
Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.MarketWatch - 5d -
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’Financial Times - 5d -
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.CNBC - 5d -
Eli Lilly's lead in the obesity race has grown. Its recent stock performance says otherwise
Eli Lilly has been one of the worst-performing Club stocks over the past six months.CNBC - 6d -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - 6d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
J&J says its lung cancer drug combination keeps people alive longer
Johnson & Johnson said its lung cancer regimen – Rybrevant plus Lazcluze – keeps people alive for at least a year longer than AstraZeneca's Tagrisso.CNBC - Jan. 7 -
Toyota is 'exploring rockets' with nearly $45 million investment in Japanese launch startup, chairman says
Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.CNBC - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Sugary Drinks Linked to Global Rise in Diabetes, Heart Disease
A new study assesses the effects of sugar-laden beverages on global health, with higher rates of consumption found in Latin America and parts of Africa.The New York Times - Jan. 7 -
Don't make this investing mistake going into the Trump years, says strategist: 'A lot of investors who think this is easy' are wrong
You may have an idea which stocks will do well under the upcoming Trump administration. But a look at the data shows that the market often bucks expectations.CNBC - Jan. 6 -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake.NBC News - Jan. 6 -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning told CNBC he's interested in becoming a minority owner of his former team, if the Mara family is willing to sell.CNBC - Jan. 6 -
Packers' WR Christian Watson out for season after tearing ACL during Week 18 loss to Bears
Watson recorded 620 receiving yards on 29 receptions with two touchdowns in 15 games this season with the Packers.Yahoo Sports - Jan. 6 -
How the Cowboys cost Cooper Rush $250,000 by starting Trey Lance in Week 18 loss to Commanders
Lance's gain is Rush's financial lossCBS Sports - Jan. 6 -
Sugary drinks linked to millions of new diabetes and heart disease cases – study
Tufts University analysis highlights rise in global health inequalities, with fastest growth in linked diseases in Africa. Sugary drinks are responsible for more than 2.2m new cases of diabetes and ...The Guardian - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Titans clinch No. 1 overall pick in 2025 NFL Draft with Week 18 loss to Texans, Patriots' win over Bills
Tennessee is now on the clockCBS Sports - Jan. 5 -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - Jan. 3 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
Saudi Arabia says it executes 6 Iranians for drug smuggling
Saudi Arabia says it has executed six Iranian men over drug smuggling, sparking strong objections from Iran at a time when the two countries are trying to mend relationsABC News - Jan. 1
