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billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

Business News

Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX Creative A team of developers including Related Group is launching a $2 billion development at the largest marina in Fort Lauderdale, Florida, aiming to create a “mini Monaco,” according to executives. The new development at the Bahia […]

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’ Read More »

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction

Business News

A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021. Dado Ruvic | Reuters Biogen on Wednesday reported third-quarter revenue and adjusted earnings that topped expectations while raising its full-year profit guidance, as sales of its breakthrough Alzheimer’s drug, Leqembi, and other new products gain traction. 

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction Read More »

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance

Business News

Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance.

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance Read More »

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

Business News

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.  Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs —

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues Read More »

McDonald’s executives say E. coli outbreak is ‘behind us’

McDonald’s executives say E. coli outbreak is ‘behind us’

Business News

McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters A week after health authorities publicly linked a deadly E. coli outbreak to McDonald’s Quarter Pounder burgers, the company’s CEO, Chris Kempczinski, told investors that the situation is now behind them. “How we’ve handled the

McDonald’s executives say E. coli outbreak is ‘behind us’ Read More »

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Business News

Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales. The pharmaceutical giant also hiked its full-year outlook and now expects to book adjusted earnings per share of $2.75 to $2.95, up

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales Read More »

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines

Business News

A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as its U.S. restaurants reversed last quarter’s same-store sales decline. The earnings report didn’t mention the recent E. coli outbreak across 13 states that’s been

McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines Read More »

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Business News

CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions Read More »

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Business News

The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images JPMorgan Chase has begun suing customers who allegedly stole thousands of Dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’ Read More »

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