Business

Uber and Rivian announce a $1.25 billion deal to buy 50,000 automated taxis

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✨ Read this insightful post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The Rivian R2 is displayed during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty ImagesUber technologies It plans to invest up to $1.25 billion in the electric car maker Rivian Cars As part of a deal to deploy up to 50,000 robotaxis in several countries through 2031, the companies announced on Thursday.The link includes forecasts for Uberor its fleet partners, to purchase 10,000 self-driving versions of the upcoming Rivian…

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Eli Lilly’s obesity drug retaretide eliminates late-stage diabetes trial

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💥 Discover this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Eli Lilly US pharmaceutical company Retatrotide said its next-generation obesity drug, Retatrotide, has cleared the first late-stage trial in patients with type 2 diabetes, helping them manage blood sugar levels and lose weight. The drug reduced hemoglobin A1c — a key measure of blood sugar levels — by an average of 1.7% to 2% across different doses over 40 weeks compared to placebo, meeting the study's main goal. Patients started the trial with an A1c level between 7% and 9.5%, and were not taking other…

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JPMorgan names Dwyane Wade and Tom Brady in athlete wealth management campaign

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🚀 Discover this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Tom Brady looks on before the NFL game between the Baltimore Ravens and the Dallas Cowboys at AT&T Stadium in Arlington, Texas, September 22, 2024.cooper neil | Getty Images Sport | Getty ImagesJPMorgan Chase She has enlisted some of the biggest names in American sports to help address an ongoing problem: the bankruptcy of professional athletes.The bank on Wednesday announced an initiative called the JPMorgan Chase Sports Council, led by two-time NBA Hall of Famer Dwyane Wade and featuring other notable athletes, including Tom Brady,…

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J&J’s Icotyde psoriasis pills to rival Tremfya Skyrizi IL-23 shots

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💥 Explore this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Signs outside the Johnson & Johnson offices in Irvine, California, US, on Friday, October 10, 2025.Kyle Grillot | Bloomberg | Getty ImagesJohnson & Johnson The U.S. Food and Drug Administration has approved a once-daily psoriasis pill, the first oral option to rival the best-selling doses, the U.S. Food and Drug Administration said on Wednesday. The U.S. Food and Drug Administration has approved Icotyde pills to treat moderate to severe plaque psoriasis, an autoimmune condition that causes rough patches of skin. Patients usually start treatment with…

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Messi (M) earnings for the fourth quarter of 2025

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🚀 Check out this insightful post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Messi On Wednesday, it beat Wall Street's quarterly sales and profit forecasts as its namesake brand showed signs of progress, but still gave a cautious outlook for next year. For the fiscal year, the company — whose namesake chain includes luxury department store Bloomingdale's and cosmetics retailer Bluemercury — said it expects sales of between $21.4 billion and $21.65 billion and adjusted earnings per share of $1.90 to $2.10.Both of these declines would represent a decline from the last fiscal year, when revenue totaled…

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Disney’s Josh D’Amaro has become CEO as the company begins a new chapter

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✨ Read this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Larissa Manuela and Josh D'Amaro, presidents of Walt Disney Parks and Resorts, wave to the crowd after the Disney Pad experience during day two of D23 Brazil: The Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty ImagesDisney Turns the page on a new chapter as Josh D'Amaro takes over as CEO of the Media and Theme Parks Corporation. D'Amaro most recently served as president of Disney Experiences, which includes the company's theme parks, cruise lines,…

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Lululemon (LULU) Q4 2025 earnings

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🚀 Discover this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Lululemon offered a weak outlook for 2026 on Tuesday, as tariffs, higher expenses and a dramatic proxy battle with its founder weighed on its bottom line. Athleisure's guidance for both the current quarter and fiscal year was lower than expected on the top and bottom lines. Lululemon expects first-quarter sales to range between $2.40 billion and $2.43 billion, weaker than estimates of $2.47 billion, according to LSEG. It expects earnings per share to range between $1.63 and $1.68, also weaker than estimates of $2.07. For…

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Arizona charges Calci with misdemeanor criminal charges for allegedly illegal gambling

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💥 Explore this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Kalshi Market “Will Iran effectively close the Strait of Hormuz for more than 7 days?” It appears on a smartphone screen, with the Calci logo displayed on a laptop screen in the background, in this illustration taken in Chania, Greece, March 9, 2026.Nicola Kocovelis | norphoto | Getty ImagesThe Arizona Attorney General filed misdemeanor criminal charges against Calci, accusing the prediction platform of running an illegal gambling and election betting operation in the state. These are the first criminal charges brought against Calci, although the…

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Nissan joins Toyota and Honda in its plans to export American cars to Japan

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✨ Read this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The Nissan Murano appears at the New York International Auto Show on April 16, 2025. Danielle Defries | CNBCDETROIT — Nissan Motor It plans to join its colleagues in the Japanese auto industry toyota motor and Honda Motor in exporting vehicles produced in the United States to Japan following changes in the country's vehicle import rules reached through a trade deal last year by the Trump administration.The company said Tuesday that it will import the mid-size Nissan Murano, made in Smyrna, Tennessee, to Japan starting…

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Delta raises revenue guidance as CEO says travel demand has been great

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💥 Explore this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Delta Airlines The company is maintaining its first-quarter earnings guidance and raising revenue forecasts, despite airlines dealing with rising jet fuel prices since the start of the war in Iran, the company said on Tuesday.CEO Ed Bastian told CNBC's Phil LeBeau that Delta has generated $400 million in profit so far in the fourth quarter, but that demand has been "really impressive," resulting in higher revenue growth than the airline had originally guided for. “The higher revenues offset not only the cost of fuel, but…

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