Eli Lilly has seen a surge in demand for its weight loss and diabetes treatments, catapulting the company to new heights in the pharmaceutical industry. However, the outgoing Chief Financial Officer, Anat Ashkenazi, acknowledges that there is still more work to be done despite the recent success. She has played a crucial role in handling
Business
Over the weekend, Disney and Pixar’s “Inside Out 2” made a grand entrance at the box office, raking in an estimated $155 million domestically. This spectacular debut marks the second-highest opening weekend for an animated film, only falling short of Warner Bros.’ “Barbie.” Furthermore, the film is anticipated to reach a global box office total
Boeing’s Starliner capsule “Calypso” has encountered unexpected challenges during its mission at the International Space Station (ISS). Originally planned for a nine-day mission, the Starliner crew flight test has been extended to at least 17 days. This extension is attributed to the need for further spacecraft testing while docked with the ISS. The crew, consisting
The recent announcement of Sony Pictures acquiring Alamo Drafthouse marks a significant shift in the movie theater industry. This decision comes after the Department of Justice’s antitrust division lifted a decree that prevented certain film distributors from owning exhibition companies in 2020. The Paramount Consent Decrees, enacted in 1948, mandated major studios to divest their
The Nathan’s Famous Fourth of July hot dog eating contest will see a significant change this year as Major League Eating (MLE) announced its decision to part ways with 16-time champion Joey “Jaws” Chestnut. This move comes following Chestnut’s decision to represent a rival brand that sells plant-based hot dogs. The organization revealed that he
National Amusements, which is the controlling shareholder of Paramount Global, has abruptly stopped talks with Skydance regarding a proposed merger deal. CNBC’s David Faber reported this unexpected development on Tuesday, revealing that National Amusements, owned by Shari Redstone, had reached terms on a merger with a consortium including Skydance, RedBird Capital, and KKR. The deal,
The United Auto Workers President Shawn Fain is currently under investigation by a federal court-appointed watchdog named Neil Barofsky. The investigation revolves around allegations of Fain abusing his power as the union president. It is also claimed that Fain, along with other union leaders, obstructed the investigation and interfered with the watchdog’s access to information.
Who do we envision ourselves becoming? The big framing question, “Who do we envision ourselves becoming?” was written in wide black marker on a large flip chart and placed at the front of the room for easy viewing. I introduced the question and gave some context. The ten local leaders stared blankly at it. The
The Covid-19 pandemic has exposed the vulnerabilities of the American economy, particularly in the child care sector. As day cares closed and schools shifted to remote learning, parents found themselves struggling to balance work and caregiving responsibilities. While employment in the child care sector has gradually returned to pre-pandemic levels, there persists a shortage of
The recent bankruptcy of fintech middleman Synapse has left a gaping $85 million shortfall between the deposits owed to customers and what partner banks are actually holding. The fallout has resulted in more than 100,000 customers being unable to access their savings accounts for nearly a month. The situation has been described as the worst
