Pfizer has made significant strides in the development of a once-daily version of its weight loss pill, danuglipron, based on promising data from early-stage studies. The company’s decision to move forward with this formulation comes after evaluating various options to determine the most effective and safe profile for the drug. Pfizer plans to conduct additional
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As the Summer Olympics in Paris approach, sportsbooks and daily fantasy operators are gearing up for what could be a significant increase in betting activity. This year’s games will be the first to take place since legal gambling has become widespread in the U.S. With sports like basketball, soccer, and tennis expected to draw a
With NASA astronauts currently aboard the International Space Station longer than anticipated, uncertainty looms about their return to Earth. The primary option for returning the crew to Earth remains Boeing’s Starliner capsule, despite acknowledgment of potential alternatives by NASA’s leadership. The Starliner capsule, named “Calypso,” has already spent 36 days in space with NASA astronauts
The Federal Trade Commission (FTC) is taking legal action against three major U.S. health companies for their role as middlemen in negotiating prices for medications, particularly insulin. The lawsuits are aimed at UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts, all of which are connected to health insurers and play a significant
Costco, the popular membership-based warehouse club, recently announced that it will be raising its membership fees in both the U.S. and Canada effective September 1. This increase will see annual memberships go from $60 to $65, while its higher-tier “Executive Membership” will increase from $120 to $130. The fee hike will impact approximately 52 million
Walmart recently announced plans to open five automated distribution centers for fresh food in an effort to enhance efficiency and improve its online grocery business, as reported by CNBC. The retail giant’s decision to invest in these new facilities highlights its commitment to keeping up with the evolving needs of consumers who are increasingly opting
Athletic Brewing Company, a leading nonalcoholic brewer, recently announced a significant milestone in its journey. The company has secured an additional $50 million in equity financing in a round led by General Atlantic. This new capital injection will fuel the company’s ambitions to increase production capacity and expand its offerings in global retailers to cater
The recent agreement between Paramount Global and Skydance signifies a significant shift in ownership for the storied movie studio and media company. The Redstone family, who has long been in control of Paramount, has agreed to step away from their leadership role in the company. The merger, which involves a buying consortium led by RedBird
The summer of 2023 has brought record air travel demand to the United States, but unfortunately, this surge in demand has not translated to record profits for U.S. airlines. Even though some carriers have anticipated record demand and revenue, various factors have been playing against them, resulting in a lack of significant growth in their
Boeing has recently come to an agreement in which it will plead guilty to criminal fraud related to the tragic 737 Max crashes. This decision has significant implications for the U.S. aerospace giant, as it will now be considered a felon. However, by accepting this plea deal, Boeing will be able to avoid a trial