A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill. It is the second in […]
Tom Brady. Mike Ehrmann | Getty Images Sport | Getty Images Tom Brady struck a partnership with robotic massage device maker Aescape to provide the company with exclusive rights to his recovery and longevity protocols, Aescape announced on Tuesday. As part of the deal Brady has been given the title of chief innovation officer for
U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups,
Startups and founders could be hardest hit by $100,000 H-1B visas Read More »
In this photo illustration, Tylenol caplets are displayed on Sept. 22, 2025 in San Anselmo, California. Justin Sullivan | Getty Images The Trump administration on Monday drew an unproven link between autism and pregnant women’s use of acetaminophen, the active ingredient in one of the world’s most common over-the-counter pain relievers, Kenvue’s Tylenol. Officials warned
Jimmy Kimmel at the Disney Advertising Upfront on Tuesday, May 13, 2025. Michael Le Brecht | Disney General Entertainment Content | Getty Images Disney said in a statement Monday that “Jimmy Kimmel Live!” will return to its ABC broadcast on Tuesday. The decision came nearly a week after ABC said it was suspending the late
Disney says ‘Jimmy Kimmel Live’ will return to ABC on Tuesday Read More »
Packages of Michelob Ultra are displayed at a BevMo store on December 16, 2024 in Larkspur, California. Justin Sullivan | Getty Images Michelob Ultra has overtaken Constellation Brands‘ Modelo Especial as the best-selling beer in the United States. Michelob Ultra claimed the top spot as the best-selling beer in retail channels in the 52 weeks
Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S. Read More »
NikeSKIMS, a new brand from Nike Inc. and SKIMS. Courtesy: NikeSKIMS Nike‘s highly anticipated activewear line with Kim Kardashian’s intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. The partnership, dubbed NikeSKIMS, is a key part of the sneaker company’s strategy to
Nike’s new activewear line with Skims is set to launch this week. Here’s why it matters Read More »
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its
Spirit Airlines to furlough 1,800 flight attendants to cut costs in bankruptcy Read More »
Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025. Angela Weiss | AFP | Getty Images Apple shares have rallied in the two days since the company released new iPhones, and the stock
Apple’s stock turns positive for year after iPhone 17 launch Read More »
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Pfizer on Monday said it would buy weight loss drugmaker Metsera in an up to $7.3 billion deal, including future payments, as it scrambles to win a slice in the booming obesity drug market. Pfizer said it will pay an initial $47.50 a share in
Pfizer boosts obesity drug prospects with $7.3 billion deal to buy Metsera Read More »
