Most doses of Eli Lilly’s Zepbound, Mounjaro in short supply through June, FDA says
The insatiable demand for weight loss and diabetes drugs is still trouncing supply, even as Eli Lilly and Novo Nordisk work to increase production capacity.
Amazon starts selling smart grocery carts to other retailers
The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology.
Biden administration releases formal proposal for new student loan forgiveness plan
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
Amazon cloud unit kills Snowmobile data transfer truck eight years after driving 18-wheeler onstage
Amazon Web Services says it has better and more cost-efficient ways to move data to the cloud than by using the semi truck it introduced in 2016.
A 4-day workweek could be coming as AI proliferates — and these companies could capitalize
Investors believe a four-day workweek could boost leisure-related stocks.
Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials
The pharmaceutical giant plans to present the trial data at an upcoming medical conference and submit it to the Food and Drug Administration mid-year.
United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays
United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
Regional banks will dominate rest of earnings season this week. Here’s what analysts expect
What’s key for investors this earnings season is the impact elevated interest rates may have on regional banks’ net interest income.
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
Watch Fed Chair Powell speak live during a policy forum in Washington
Fed Chair Jerome Powell speaks to the Wilson Center’s Washington Forum on the Canadian Economy.
