The late-stage trial data released by Eli Lilly regarding their weight loss drug, Zepbound, has shown significant benefits for patients suffering from a common type of heart failure and obesity. According to the findings, patients who were treated with Zepbound were 38% less likely to be hospitalized or die due to heart complications compared to
Business
Boeing, one of the leading aerospace manufacturers, has recently named Robert “Kelly” Ortberg as its new CEO. Ortberg, a veteran in the aerospace industry, comes from outside the company with a background leading major supplier Rockwell Collins. His appointment comes at a critical time for Boeing, as it grapples with safety and manufacturing issues that
The recent lawsuit filed by Washington, D.C., Attorney General Brian Schwalb against StubHub sheds light on the online ticket exchange platform’s alleged unfair pricing practices. The lawsuit accuses StubHub of engaging in deceptive advertising by displaying low ticket prices upfront, only to significantly increase the total cost during the checkout process. Schwalb’s statement condemning StubHub’s
Spirit Airlines, known for its budget-friendly approach to air travel in the U.S., made a surprising announcement this week. The Florida-based carrier revealed its plans to introduce new packages for its highest-priced tickets, bundling in perks that were previously available only as add-ons at an extra cost. This strategic move comes as Spirit faces challenges
McDonald’s executives recently discussed their struggle with recapturing consumers with deals after facing a challenging second quarter. U.S. President Joe Erlinger emphasized the importance of affordability, noting that the company had difficulty selling diners on this aspect. He also mentioned that industry and competitive challenges are likely to persist throughout the year. Despite this, he
McDonald’s executives recently admitted that consumers view their prices as too high, especially lower-income consumers who have been hit hard by inflation. This revelation came during the company’s second-quarter earnings call, where executives discussed the need to evaluate their pricing strategy in order to provide better value to customers. Despite being seen as the value
McDonald’s is expected to face some challenges in its second-quarter earnings report. Despite Wall Street analysts expecting earnings per share of $3.07 and revenue of $6.61 billion, the stock has fallen 15% year to date. This decline is a result of investor concerns about the health of consumer spending and the restaurant industry. The company’s
In recent times, the $5 meal deal has become a popular strategy adopted by fast-food chains in an attempt to attract budget-conscious customers. Chains such as McDonald’s, Taco Bell, Burger King, and Wendy’s have all jumped on the bandwagon, hoping to boost their sales and increase foot traffic. While this may seem like a smart
The latest addition to the Marvel Cinematic Universe, “Deadpool & Wolverine,” has hit the ground running with an impressive $38.5 million in Thursday previews. This is just the beginning, as the film is projected to shatter records with a domestic debut expected to exceed $150 million. The excitement surrounding the first R-rated film in the
Southwest Airlines recently announced a potential drop in unit revenue for the third quarter due to an oversupplied U.S. market. This oversupply has led to airlines discounting tickets during what is typically the most lucrative period of the year. Southwest indicated that unit revenue for the current quarter could decrease by as much as 2%