Business

Eli Lilly’s obesity drug amylin shows up to 20% weight loss in study

0 CommentsBusiness

✨ Discover this must-read post from Business News 📖 📂 Category: ✅ Key idea: Eli Lilly Biotechnology Center in San Diego, California, March 1, 2023.Mike Blake | ReutersEli Lilly The US drugmaker said on Thursday it will begin late-stage trials of experimental obesity drug amylin next month after it showed encouraging results in a mid-stage study.The highest dose of the weekly injection, called loralintide, helped obese or overweight patients lose an average of 20.1% of their body weight over 48 weeks. The results support the pharmaceutical giant's efforts to bring next-generation therapies to the blockbuster weight-loss drug market, and consolidate…

Read More

DraftKings has signed with the Disney unit to replace Penn

0 CommentsBusiness

🔥 Explore this awesome post from Business News 📖 📂 Category: 💡 Key idea: The ESPN Bet logo is placed on a computer in New York, US, on Thursday, February 22, 2024. Gabe Jones | Bloomberg | Getty ImagesDisney ESPN is replacing its sports betting partner.In separate releases on Thursday, the company said it had terminated its agreement with... Pennsylvania Entertainment Years ahead of schedule and signed an agreement with Kings Project To make it the exclusive official sportsbook and odds provider for ESPN.Both changes take effect in December.“Our betting approach has been focused on providing an integrated experience within…

Read More

Build Technologies AI Draw Agent handles billions in CRE lending

0 CommentsBusiness

🚀 Check out this must-read post from Business News 📖 📂 Category: ✅ Key idea: Zoom iconArrows point outwardCourtesy of Built TechnologiesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.If you rent an apartment, you've probably "talked" to an AI agent to help fix a leaky toilet. But what if you are a builder applying for…

Read More

McDonald’s US boss focuses on ‘value and affordability’

0 CommentsBusiness

🚀 Read this awesome post from Business News 📖 📂 Category: ✅ Key idea: McDonald's restaurant in Richmond, Virginia, USA, Monday, November 3, 2025. cyclists | Bloomberg | Getty ImagesMcDonald's Leadership urges operators to continue providing value propositions as competition for consumers across the restaurant space. In a memo to US operators following the company's third-quarter earnings, McDonald's US President Joe Erlinger said the brand was "moving in the right direction" as it continues to drive value for more than a year.“Amid industry pressures, dynamic change, and fierce competition, winning the battle to reduce traffic means remaining customer-obsessed,” Erlinger wrote…

Read More

Omada Health begins prescribing GLP-1s and other obesity drugs

0 CommentsBusiness

🚀 Check out this trending post from Business News 📖 📂 Category: 📌 Main takeaway: The Omada Health logo is displayed on the smartphone screen.soba pictures | Rocket Lite | Getty ImagesVirtual Care Company Umada health On Thursday, it said it would begin prescribing GLP-1s and other obesity medications and help patients manage those medications.Omada plans to expand the offerings under its weight management program as its membership grows to more than 800,000.The announcement comes as digital health companies increase their presence in the hot market for GLP-1s to treat obesity, diabetes and other chronic conditions — a space that…

Read More

Peloton (PTON) Q1 2026 earnings

0 CommentsBusiness

🚀 Read this must-read post from Business News 📖 📂 Category: 💡 Key idea: A Peloton stationary bike inside a store in Palo Alto, California, US, Monday, August 5, 2024. David Paul Morris | Bloomberg | Getty ImagesPeloton On Thursday, it posted its second straight profitable quarter as it issued strong guidance for the crucial holiday shopping season, leveraging its relaunched product portfolio to drive growth. The connected fitness company reported a surprising net income of $13.9 million in the three months ended Sept. 30, compared to a loss of $900,000 a year earlier. For the current quarter, Peloton's strongest…

Read More

NRF says retail holiday employment is at its lowest level in at least 15 years

0 CommentsBusiness

💥 Read this awesome post from Business News 📖 📂 Category: 💡 Main takeaway: Shoppers carry their bags at Broadway Plaza in Walnut Creek, California, U.S., Monday, December 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending numbers on December 20. David Paul Morris | Bloomberg | Getty ImagesTotal holiday hiring by retailers is expected to reach between 265,000 and 365,000 jobs this year, the lowest number of seasonal workers in at least 15 years, the National Retail Federation said Thursday.NRF CEO Matthew Shay said on the retail trade group's conference call that the employment outlook…

Read More

Trump makes a deal with Eli Lilly and Novo Nordisk

0 CommentsBusiness

🔥 Discover this awesome post from Business News 📖 📂 Category: 📌 Main takeaway: Wegovy injection pens are arranged in Waterbury, Vermont, United States, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesPresident Donald Trump on Thursday concluded historic agreements with... Eli Lilly and Novo Nordisk To reduce the prices of popular weight loss drugs. Under the agreements, the monthly cost of the upcoming common injections and pills could range from $50 to $350 starting next year, depending on the dose and the insurance coverage the patient has, Trump administration officials said. Existing GLP-1 products, including Eli…

Read More

Peloton is recalling an additional 833,000 bikes due to a seat post issue

0 CommentsBusiness

✨ Explore this trending post from Business News 📖 📂 Category: ✅ Key idea: Peloton stationary bikes are for sale at the company's showroom in Dedham, Massachusetts, US, on Wednesday, February 3, 2021. Adam Glanzman | Bloomberg | Getty ImagesPeloton Bike+ is recalling the Original Bike+ after receiving reports that the seat post broke and separated from the equipment during use, resulting in two injuries, the Consumer Product Safety Commission said in a press release Thursday. The recall affects 833,000 units, and affects every original + bike sold by the company that was manufactured between 2019 and 2022. The bikes…

Read More

Trump, Eli Lilly, and Novo Nordisk unveil deals to reduce prices of obesity drugs

0 CommentsBusiness

✨ Discover this insightful post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: US President Donald Trump attends an announcement event from the Oval Office of the White House in Washington, DC, US, November 6, 2025. Jonathan Ernst | ReutersPresident Donald Trump on Thursday announced deals with... Eli Lilly and Novo Nordisk To lower prices on some obesity drugs, including upcoming pills, in a historic effort to expand access to expensive blockbuster treatments.The agreements will lower prices for so-called GLP-1 drugs for Medicare and Medicaid beneficiaries in 2026 and will offer the treatments directly to consumers at…

Read More