Pharmaceutical company Eli Lilly is partnering with Amazon to offer its weight loss drug Zepbound directly to consumers' homes, as part of their efforts to address a shortage of glucagon-like peptide 1s (GLP-1s) weight loss drugs.
An American Airlines flight made an emergency landing at Los Angeles International Airport due to a possible mechanical issue, adding to the recent string of safety problems faced by Boeing aircraft.
Federal Reserve Chair Jerome Powell is facing pressure from both Democrats and Republicans to influence his decision on interest rate cuts, with Democrats pushing for immediate cuts to benefit President Joe Biden and Republicans urging caution; however, Powell has tried to maintain his independence and has set out clear guideposts for his decision-making.
Math enthusiasts around the world celebrate Pi Day on March 14th, marking the infinite and mathematically irrational number that has practical uses in various fields, while also commemorating Albert Einstein's birthday.
The recent Dencun upgrade on Ethereum has significantly reduced data fees, enabling developers to post the Bee Movie script on the blockchain at a much lower cost using the new "blobs" feature.
Dollar Tree, the discount retailer, plans to close nearly 1,000 stores after reporting a surprise fourth-quarter loss and devaluing a rival chain it acquired in 2015.
The Dallas-Fort Worth area experienced the highest population growth in 2023 among all metro areas in the US, adding over 152,000 new residents, driven by job opportunities and educational prospects.
A Boeing 777 made an emergency landing at Los Angeles International Airport due to a possible mechanical problem, but all passengers and crew members were safely evacuated.
The Powerball jackpot has reached $600 million after no winners in the Wednesday night drawing, with the next drawing scheduled for Saturday, March 16.
Car insurance prices in Nevada are rising, with hundreds of thousands of drivers facing an almost 20% increase in their rates, due to factors such as the rising cost of vehicles and repairs.
Gerald Levin, the former CEO of Time Warner who orchestrated the ill-fated merger with AOL, has passed away at the age of 84.
A ransomware group known as Rhysida claims to have sold data stolen from Lurie Children's Hospital, with the hospital now actively investigating the situation.
The Biden administration is planning to provide over $2 billion in loans to Lithium Americas Corp. for the development of the largest lithium deposit in Nevada, aiding in the production of electric-vehicle batteries, solar panels, and wind turbines.
Bank of America believes that even at a $2 trillion valuation, Nvidia stock is still not expensive, increasing its price target and suggesting a potential 24% upside.
Environmental advocacy group the Sierra Club is suing the Securities and Exchange Commission (SEC) over a new rule that it claims does not provide investors with full information regarding a company's climate risks.
Under Armour CEO, Stephanie Linnartz, is leaving her position after just over a year on the job, with founder Kevin Plank returning as CEO, making him the fourth CEO in four years, as the company struggles to grow revenue and profits.
Family Dollar and Dollar Tree are closing approximately 1,000 stores in the United States due to operational struggles, resulting in a significant drop in Dollar Tree's stock price, as inflation and declining consumer spending affect profits and competitiveness against rivals like Dollar General and Walmart.
A guest at the Venetian Resort in Las Vegas won a $1.6 million jackpot with a $10 bet playing Wheel of Fortune Gold Spin Triple Gold.
Electric vehicle manufacturer Fisker has reportedly hired restructuring advisers to explore a possible bankruptcy filing, following a decline in its stock prices and doubts about its ability to continue operating, despite a 300% increase in deliveries in Q4. The company has also been in talks with Nissan for a partnership on electric trucks, and has recently announced the development of two new vehicle designs.
Most semi-automated vehicle systems are deemed unsafe as they fail to ensure driver focus on the road, according to a test conducted by the Insurance Institute for Highway Safety.
Kevin Plank is returning as CEO of Under Armour, causing the company's shares to rise 6%.
Ikea is reducing prices on hundreds of products globally and plans to continue lowering prices on more items in the future as part of an effort to appeal to price-sensitive shoppers and combat inflation.
California homeowners and drivers are being dropped by insurance companies amid a crisis, leading to increased costs and difficulty finding coverage.
Paramount Global has sold its 13% stake in Viacom18 to Reliance Industries for $517 million, as part of its efforts to strengthen its balance sheet and reduce debt.
Altria Group plans to sell a portion of its stake in Anheuser-Busch InBev for up to $2.2 billion in order to fund its own share repurchases and accelerate its diversification efforts into non-combustible products such as vape and oral nicotine pouches.
Manufacturers' use of "shrinkflation" techniques, which involves reducing the size or quantity of products while maintaining the same price, is receiving increased scrutiny from politicians and public alike due to inflation and higher food prices.
MicroStrategy Inc. plans to sell $500 million of convertible notes to buy more Bitcoin as the cryptocurrency reaches record highs.
Bitcoin development company MicroStrategy is planning to offer $500 million worth of convertible senior notes to institutional buyers in order to purchase more cryptocurrency, adding to its current holdings of 205,000 Bitcoin valued at over $15 billion.
UiPath Inc achieved GAAP profitability in Q4 2024 with a 31% increase in revenue, demonstrating strong financial performance and growth in its automation platform.
Volkswagen has unveiled the new ID.3 GTX and ID.7 GTX Tourer, expanding its range of sporty EVs with features such as enhanced power, sporty designs, and added features, with the ID.3 GTX Performance model boasting the most powerful electric drive motor to date.
UiPath reported quarterly earnings of $0.22 per share, surpassing expectations and marking an earnings surprise of 46.67%, while also posting revenues of $405.25 million for the quarter ended January 2024, exceeding estimates by 5.72%.
Shares of UiPath surged in after-hours trading after the company reported better-than-expected earnings for its fourth quarter of Fiscal Year 2024, with sales increasing by 31.4% year-over-year and revenue beating analysts' expectations; analysts have a Moderate Buy consensus rating on the stock with a price target implying 5.24% upside potential.
Activist investment firm Trian Fund Management is disappointed with Disney's campaign, accusing them of deflecting attention from the board's failures and stating that the personality clashes between CEO Bob Iger and former Marvel Chairman Ike Perlmutter are irrelevant to the proxy fight. Trian has been angling to elect its co-founder Nelson Peltz and ex-Disney CFO Jay Rasulo to the board of directors.
US Treasury Secretary Janet Yellen believes it is unlikely that market interest rates will return to pre-pandemic levels, citing current market realities and private sector forecasts, as well as the higher expectations for interest rates reflected in the new White House projections.
Paramount Global has agreed to sell its 13 percent stake in Indian media company Viacom18 to Reliance Industries for approximately $517 million, as Reliance is already the majority shareholder in Viacom18 and the deal is subject to regulatory conditions.
Pharmaceutical giant Eli Lilly is partnering with Amazon to deliver its weight loss drug Zepbound, formerly known as Mounjaro, directly to customers' doorsteps, offering fast, free delivery and access to clinical pharmacists.
MicroStrategy, a Bitcoin Development Company, has filed to raise $500 million in a convertible debt offering to purchase more bitcoin, following their recent acquisition of 12,000 bitcoins for $821.7 million, bringing their total stack to 205,000 bitcoins valued at almost $15 billion.
Car insurance rates in the US have risen almost 21% in the past year, contributing to overall inflation and posing challenges to the Federal Reserve's goal, due to factors including rising car repair costs and more severe car accidents.
Car insurance rates in the US have risen by almost 21% in the past year, contributing to the overall inflation rate and posing a challenge for the Federal Reserve's inflation goal, as factors such as increased repair costs and more severe car accidents drive up insurance expenses.
President Biden is reportedly planning to release a statement expressing opposition to Nippon Steel's proposed acquisition of U.S. Steel, in response to concerns from labor unions and lawmakers, as he seeks to maintain political support in key swing states.
Newly surfaced videos show thieves stealing cash from a bubble tea shop at Fulton Transit Center, prompting the retail giant that manages the hub to threaten to leave due to rising crime.
Keurig is planning to release a line of 100% compostable pressed coffee pods called K-Rounds for their new Keurig Alta brewer, aiming to reduce plastic waste and provide more sustainable single-serve coffee options.
Waymo is set to offer fully autonomous ride-hailing services to the general public in Los Angeles, starting tomorrow, March 14th, with plans to expand to Austin later this year.
JPMorgan Chase CEO Jamie Dimon expressed his support for Disney CEO Bob Iger in the proxy fight against Trian Fund Management, stating that Iger is a "first-class executive and outstanding leader."
Wall Street analysts are becoming increasingly cautious about Tesla's sales and growth prospects, as the company's strategy of reducing prices to stimulate demand loses its effectiveness, causing Tesla's stock to decline and its bullish ratings to reach the lowest level since April 2021.
Nearly half of all U.S. homes, totaling $22 trillion in residential properties, are at risk of "severe or extreme damage" from climate change-related extreme weather conditions, which can impact home prices, insurance costs, and the broader housing market.
Altria Group announces its intention to sell a portion of its investment in Anheuser-Busch InBev through a global secondary offering, with proceeds expected to be used for additional share repurchases.
Shares of McDonald's (MCD) are trading lower as the company's CFO reveals that lower-income consumers are choosing to eat at home rather than dining out.
Rivian's newly-unveiled R2 electric vehicle will feature a heat pump, making it more efficient in cold weather and potentially increasing its winter range.
Dozens of major US companies paid their top executives more money than they paid in federal taxes between 2018 and 2022, according to a report by the Institute for Policy Studies and Americans for Tax Fairness.
