Eli Lilly says it will invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer's drugs

Eli Lilly's Zepbound and Mounjaro are no longer in shortage. Here's where their sales still disappointed

Eli Lilly blamed the misses on drug wholesalers cutting inventory of Zepbound and Mounjaro.

Business - CNBC - October 30

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - Yesterday

Australia to invest $12bn in missile manufacturing amid China’s rise

Canberra has prioritised domestic capabilities in defence strategy overhaul to meet ‘missile age’

World - Financial Times - October 30

Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain

Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico

Tech - ABC News - October 15

Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.

Business - CNBC - October 30

Alzheimer's researchers say brain stimulation device may slow symptoms

Alzheimer's disease researchers found that when they aimed a TMS device at the right spot in the brain, it could slow the progression of memory loss.

Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.

Business - The Wall Street Journal - October 31

Unemployed could get weight loss jabs to return to work

The health secretary announces trials to explore the effect of weight loss drugs on worklessness.

NHS needs better plan around weight loss jabs, warn experts

Experts call for an urgent review of obesity treatment services amid booming demand for weight loss jabs.

Weight loss jabs not ‘quick fix’ for UK worklessness, health experts warn

Scientists say using the drugs to get people back into work could carry logistical and ethical problems. Weight loss jabs are not a “quick fix” and the health secretary’s plan to use them to help ...

World - The Guardian - October 18

Hoping for a weight-loss pill? It could get closer to reality next week.

Viking Therapeutics Inc.’s stock rose 2% Friday as excitement continued to build about data on its oral weight-loss drug the company will present at the upcoming Obesity Week event.

Business - MarketWatch - November 2

The Novo Nordisk scientist behind Ozempic, Wegovy weight loss research

Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide — while adding great heft to the economy of Novo Nordisk’s home country, Denmark.

Senegal Plans to Invest About $30.5 Billion In Development

World - Yahoo News - October 14

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

Business - CNBC - November 1

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Biden to unveil $3 billion investment in U.S. ports in Baltimore

President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.

LOOK: Former NFL OT Jake Long shows off dramatic weight loss at Michigan Sports Hall of Fame induction

Long has become another in a growing list of offensive linemen to shed weight in retirement

Sports - CBS Sports - October 18

Pitt coach Pat Narduzzi says QB Eli Holstein is medically cleared, expected to start against SMU Saturday

Holstein exited last week's game against Syracuse with an undisclosed injury

Sports - CBS Sports - October 30

Dan Loeb’s Third Point says a Trump win would boost markets, drive up infrastructure spending

Third Point said it believes the Republicans will take control of both the White House and the Senate, leading to deregulation, an increase in U.S. manufacturing, and higher infrastructure spending

Business - MarketWatch - October 18

Helene, Milton losses expected to surpass "truly historic" $50 billion each

Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Boeing reports $6 billion loss ahead of pivotal union vote

Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...

Politics - The Hill - October 23

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