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Eli Lilly CEO expects new weight loss pill to be approved next year
David Ricks, CEO, Eli LillyScott Mlyn | CNBCEli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV on Monday.The company is set to release key late-stage trial…
J&J says its lung cancer drug combination keeps people alive longer
Niels Wenstedt | Getty ImagesJohnson & Johnson on Tuesday said its lung cancer regimen keeps people alive for at least a year longer than AstraZeneca's Tagrisso, the go-to drug for a certain type of lung cancer.J&J in a statement…
Ford reveals a special edition of its $325,000 Mustang GTD called ‘Spirit of America’
2025 Mustang GTD Spirit of AmericaFordDETROIT — Ford Motor on Thursday revealed a special edition of its $325,000 Mustang GTD called "Spirit of America," a nod to historical jet-propelled cars sharing the same name.The white vehicle…
How Audemars Piguet CEO Ilaria Resta is disrupting the luxury watch business
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Audemars Piguet, the…
Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming
Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday."After careful consideration, we have collectively agreed to discontinue the Venu…
High cost of weight loss drugs drives employers to require nutrition counseling, in boost
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro.Picture Alliance | Getty ImagesA few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company's nutrition-oriented digital…
Nordstrom raises sales outlook after holiday season was better than feared
Shoppers walk into a Nordstrom department store in Austin, Texas, on March 3, 2023.Brandon Bell | Getty ImagesNordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in…
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc's restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023.Scott Olson | Getty ImagesMcDonald's will shutter three locations of its drinks-focused spinoff brand,…
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis North America Chief Operating Officer and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, on Nov. 21,…
BMW to install new ‘panoramic’ display in all vehicles
BMW said it will begin installing a new operating system and "panoramic" display in all its new vehicles by the end of 2025.BMWLAS VEGAS — BMW AG will install a new operating system and "panoramic" display in all of its upcoming…