Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on...
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Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
China’s Economy Barely Grows as Recovery Fades
China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June,...
Eli Lilly to Acquire Obesity-Treatment Maker Versanis
Versanis shareholders could receive as much as $1.925 billion in cash, in an upfront payment and additional payments if certain...
In Battle With Microsoft, Google Bets on Medical AI Program to Crack Healthcare Industry
The search giant is fine-tuning chatbot technology via medical licensing exams. Source link
FDA Approves Leqembi, Extending Alzheimer’s Treatment to More Patients
Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Source link
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
No More Shots: Pill Versions of Ozempic-Like Drugs Are Coming
Tablets could appeal to people who want to lose weight but despise needles, which injections like Ozempic require. Source link
Well-Funded Chains Muscle Into the Once-Niche World of Climbing Gyms
Smaller businesses are struggling to recover from the Covid-19 pandemic, while large rivals are expanding to new markets. Source link
At 3M, Lawsuits Threaten to Transform the Company
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Ozempic Maker Sues Spas and Clinics Selling Custom-Made Versions
Novo Nordisk accused the firms of false advertising, trademark infringement and unfair competition. Source link
Are You a Late Bloomer in Work or Love? Maybe You’re Right on Time.
Why you should challenge that secret timeline of milestones in your head. Source link
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
China’s Trade Slowdown Points to Global Woes
Chinese exports fell at a steeper-than-expected pace in May, fueling concerns that global trade activity is cooling rapidly. Source link
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
Why the U.S. Remains Far From Recession
The pandemic’s aftereffects are fueling economic resilience despite rising interest rates. Source link
Blood-Test Customers Mistakenly Told They May Have Cancer
Grail said its telemedicine vendor sent the inaccurate forms to 400 people because of a software glitch. Source link
FDA Allows Imports of China-Made Chemotherapy to Ease U.S. Shortage
HealthIn temporary move, Chinese drugmaker will be able to ship its cisplatin chemotherapy even though it hasn’t been FDA approved...
Shareholder Activists Drag Companies Into U.S. Culture Wars
Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard...
Jenny Craig, the Once-Highflying Weight-Loss Brand, Is Going Out of Business After 40 Years
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