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Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short

Eli Lilly on Thursday reported mixed results for the fourth quarter, even as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soared. The company’s quarterly earnings topped Wall Street estimates, but sales fell just short as Mounjaro saw lower realized prices. Zepbound and Mounjaro have now underperformed expectations for two straight […]

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After calling off merger, Coach parent Tapestry’s holiday sales soar

Business News

The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024. Charly Triballeau | AFP | Getty Images Shares of Coach parent Tapestry shot up about 15% in premarket trading after the company beat holiday-quarter sales expectations and boosted its full-year forecast. The fashion and accessories company said it now

After calling off merger, Coach parent Tapestry’s holiday sales soar Read More »

Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales

Business News

Peloton told investors Thursday it still has a “steep hill to climb” to achieve profitable growth under its new CEO, but the connected fitness company beat holiday sales expectations, thanks in part to its partnership with Costco. The bike maker posted mixed fiscal second-quarter results, as it topped Wall Street’s sales estimates but lost more

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How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

Business News

People shop for clothes at a Calvin Klein store at a mall in Beijing on Feb. 5, 2025. Adek Berry | AFP | Getty Images China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s

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Strong Taco Bell sales fuel Yum Brands earnings beat

Business News

A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC’s international restaurants and Taco Bell. Shares of the company rose more than 2% in

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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Business News

Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said

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Cosm considers international expansion of immersive sports-viewing venues

Business News

Cosm may be coming to a city near you — both in the U.S. and abroad. The immersive sports-viewing technology company has built two dome venues in Los Angeles and Dallas that emulate the experience of being live at a sports stadium. The startup plans to build two more venues in Atlanta and Detroit in 2026.

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NFL’s chief media officer predicts Super Bowl has ‘a chance’ to be the most watched ever

Business News

Last year’s Kansas City Chiefs victory over the San Francisco 49ers was the most watched Super Bowl of all time, and this year’s game has “a chance” to top it, said NFL Chief Media and Business Officer Brian Rolapp. “It’s got a chance, considering the last time they met two years ago, it was the

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Ford beats earnings expectations but forecasts tougher year ahead

Business News

The Ford exhibit area is shown at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, on Jan. 10, 2025. Bill Pugliano | Getty Images DETROIT — Ford Motor beat Wall Street’s top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for the company, as CEO Jim Farley

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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

Business News

2024 Lincoln Nautilus Ford DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion

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Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short

After calling off merger, Coach parent Tapestry’s holiday sales soar

Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales

How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

Strong Taco Bell sales fuel Yum Brands earnings beat

Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Cosm considers international expansion of immersive sports-viewing venues

NFL’s chief media officer predicts Super Bowl has ‘a chance’ to be the most watched ever

Ford beats earnings expectations but forecasts tougher year ahead

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

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