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Amazon to stock Lilly's novel weight-loss pill at U.S. kiosks, offer same-day delivery
Stocks News

Amazon to stock Lilly's novel weight-loss pill at U.S. kiosks, offer same-day delivery

Amazon.com remarked on Thursday its pharmacy unit will stock Eli Lilly’s fresh weight-loss pill at kiosks located at some of the company’s primary care clinics and offer same-day delivery of the drug. Amazon Pharmacy began delivering GLP-1 medications in 2021, but does not stock injectable versions of the drugs in kiosks because they need to […]

Tesla is developing a fresh smaller, cheaper EV, Reuters sources say
Stocks News

Tesla is developing a fresh smaller, cheaper EV, Reuters sources say

The automaker has contacted suppliers in recent weeks to discuss details of the plan for the compact SUV – which would be a latest vehicle and not a variant of Tesla’s current Model 3 or Y, the individuals commented. The conversations involved the manufacturing process and specifications for various components, they mentioned. Three of the […]

As millions lose weight on GLP-1s, they're starting to turn to retailers to refresh their wardrobes
Stocks News

As millions lose weight on GLP-1s, they're starting to turn to retailers to refresh their wardrobes

As GLP-1 drugs become more accessible, more U.S. consumers are dropping sizes and may acquire recent clothes. Apparel retailers could see an up to $13 billion annual boost in spending because of GLP-1 drugs, according to an estimate by equity research firm Bernstein. Some of the biggest beneficiaries could be off-price retailers like T.J. Maxx, […]

The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
Stocks News

The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says

Iran is requiring ships to obtain its permission to pass through the Strait of Hormuz, the CEO of the United Arab Emirates’ state-owned oil firm stated. “The Strait of Hormuz is not open,” Sultan Ahmed Al Jaber noted. The oil shock will only deepen the longer the strait is not fully open to ships, Al […]

Florida AG opens probe into OpenAI ahead of potential IPO
Stocks News

Florida AG opens probe into OpenAI ahead of potential IPO

Florida Attorney General James Uthmeier on Thursday launched an investigation into OpenAI and its chatbot ChatGPT, as the artificial intelligence firm prepares for an IPO that could value it at up to $1 trillion. In a video posted to X, Uthmeier commented there were concerns about whether OpenAI’s data and AI technologies could fall “into […]

DOJ launches probe into NFL over media rights packages and antitrust concerns
Stocks News

DOJ launches probe into NFL over media rights packages and antitrust concerns

The Department of Justice has opened an investigation into the NFL regarding potential anticompetitive tactics. The investigation stems from concerns about the affordability of watching games for consumers now that the NFL is offered across various broadcast, cable TV and streaming platforms. The league called its media distribution the “most fan and broadcaster-friendly” across the […]

American Airlines makes bag fees even more expensive for basic economy tickets
Stocks News

American Airlines makes bag fees even more expensive for basic economy tickets

American Airlines is joining Delta, United, Southwest and JetBlue in raising its checked bag fees as the industry deals with high jet fuel prices. American is hiking the fee more for basic economy tickets. Furthermore, experts in investors note the continued relevance. American Airlines joined other airlines in raising its bag fees Thursday, but the […]

Maine set to become first state with data center ban
Stocks News

Maine set to become first state with data center ban

Maine is poised to become the first state to pass a temporary ban on data center construction after a measure was approved by both chambers of the state legislature. Similar bills have been introduced in more than a dozen other states, as well numerous localities. Maine’s bill could face a veto from the governor, who […]

Disney plans layoffs of as many as 1,000 employees
Stocks News

Disney plans layoffs of as many as 1,000 employees

Disney expects to lay off as many as 1,000 employees, much of which will come from its marketing department, according to a person familiar with the matter. The layoffs occur as part of Disney’s latest phase of cost cutting, which comes shortly after Josh D’Amaro took the helm as CEO. Disney most recently reorganized the […]

OpenAI looks to take on Anthropic with $100 per month ChatGPT Pro subscriptions
Stocks News

OpenAI looks to take on Anthropic with $100 per month ChatGPT Pro subscriptions

OpenAI launched ChatGPT Pro, a novel subscription tier that boosts usage limits for Codex, its AI-powered coding assistant. The announcement comes as OpenAI looks to compete with Anthropic’s Claude Code, which has soared in popularity. This also touches on aspects of earnings report. Anthropic has four subscription tiers, with the priciest offering the most leverage […]

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