London’s Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, disrupting travel for tens of thousands of passengers planning to fly in or out of Europe’s busiest airport. The airport was ready to resume flights as of Friday afternoon local time, the airport posted on X, and […]
This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly‘s weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn’t look like much has changed. Popular websites like Amble, EllieMD, Willow and Mochi Health are all still advertising versions of tirzepatide, the active ingredient in Zepbound. Some,
Zepbound copycats remain online despite FDA ban Read More »
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on
Tariff fears are raising construction costs by up to 20%, says Related Group CEO Read More »
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. Elizabeth Lilly started her own asset management firm in 2017, fulfilling a dream three decades in the making. Since
More women are leading investments for the likes of Lukas Walton and Len Blavatnik Read More »
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Industry analysts had expected a drop of 3%. Sales were 1.2% lower compared with February of last year. This count is based on closings, so contracts signed
February home resales jump much more than expected, despite higher mortgage rates Read More »
Ahmad Rashad and Willow Bay look on during an Inside Stuff Episode taping circa 1993 in Secaucus, New Jersey. Nathaniel S. Butler | National Basketball Association | Getty Images The NBA is quietly preparing to bring back its iconic show “NBA Inside Stuff.” On Monday, the league filed two trademark applications for “NBA Inside Stuff,”
NBA may bring back iconic highlight show ‘NBA Inside Stuff’ Read More »
Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. Cheng Xin | Getty Images Nike will report fiscal third-quarter earnings after the bell on Thursday and provide updates on its turnaround plan as it navigates new tariffs and soft consumer
Nike will report earnings after the bell. Here’s what Wall Street expects Read More »
The Boston Celtics hang the 2024 NBA championship banner at TD Garden. Danielle Parhizkaran | Boston Globe | Getty Images A group led by private equity executive Bill Chisholm is buying the NBA’s Boston Celtics at a valuation of $6.1 billion, the team’s ownership announced Thursday. Private equity firm Sixth Street is part of the
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. The restaurant company blamed weather for the sales slowdown and maintained its full-year forecast, lifting investors’ confidence that the rough quarter was a blip. Darden shares rose 6% in morning trading. Here’s what the company reported compared with what
The homepage for Edibles.com, the hemp marketplace from the parent company of Edible Arrangements Source: Edible Brands The parent company of Edible Arrangements is moving into a different kind of edible. Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp products, like Cann drinks and Wana gummies. The 2018 Farm Bill legalized hemp, which
