FDA says Eli Lilly’s weight loss drug Zepbound is no longer in shortage
The decision that will eventually bar compounding pharmacies from making unbranded versions of the injection. Source link
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BUSINESS
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
The CBOE Volatility Index (.VIX) surged 74% to close at 27.62, up from around 15 earlier in the day. Source
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Stocks making the biggest moves premarket: Micron, Lamb Weston, Darden, Lennar, Carmax and more
These are the stocks posting the largest moves in premarket trading. Source link
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Darden Restaurants’ sales rise 6%, fueled by Olive Garden and LongHorn Steakhouse
Darden Restaurants met Wall Street's expectations for its fiscal second-quarter results. Source link
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Jim Cramer explains why the market melted down after the Fed cut rates
Cramer said weak industries like housing and autos are met with rising inflation in food, insurance, healthcare and rent, which
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Here’s what a blockbuster Nissan-Honda merger could mean for the auto industry
Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on
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From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Retailers are trying to capitalize on customers going big on decorating, especially as discretionary spending is still under pressure. Source
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Merck to develop weight loss pill from Chinese drugmaker in up to $2 billion licensing deal
Merck will pay Hansoh $112 million upfront for rights to the drug, with the potential for an additional $1.9 billion
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Salesforce will hire 2,000 people to sell AI products, CEO Marc Benioff says
Salesforce CEO Marc Benioff said his company is bringing on more salespeople specializing in artificial intelligence. Source link
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