Finance

Johnson & Johnson is making headlines with its recent FDA application to expand approval for Spravato, its ketamine-based treatment for those suffering from treatment-resistant depression. What could this mean for the millions affected by this challenging condition? Discover the potential impacts and what’s next for Spravato in the fight against depression.

Could McDonald’s $5 meal deal be a game-changer in attracting budget-conscious customers? While it aims to boost foot traffic, analysts warn that its profitability could be more illusion than reality. Discover the intricacies behind this promotional strategy and what it means for franchise owners.

Spotify’s recent earnings report reveals a remarkable shift from losses to record profits, bolstered by its first price increase in over a decade. With a surge in monthly active users and an impressive stock market response, the company is poised for an exciting future. Discover how these changes are shaping the platform’s trajectory and what…

General Motors is adjusting its financial outlook for 2024 following a stronger-than-expected second quarter. With earnings projected to increase and significant shifts in electric vehicle strategy, the company is poised for transformation. Discover how GM plans to innovate while navigating challenges, including a pivot in its autonomous vehicle project. Don’t miss the latest updates on…

A recent study highlights a surprising trend: the rise in prescriptions of GLP-1 medications among those without diabetes, even as usage among diabetic patients declines. This shift raises alarms about potential shortages of these vital treatments. With weight-loss benefits driving demand, the pharmaceutical landscape is changing rapidly. What does this mean for access to these…

A major twist in the South Korean tech scene has arisen with the arrest of billionaire entrepreneur Kim Beom-su, founder of Kakao, over allegations of stock price manipulation linked to a prominent K-pop agency. As the story unfolds, concerns grow about the implications for both Kakao and the broader K-pop industry. What does this mean…

Amazon’s ambitious plans for its Alexa-enabled devices have taken a surprising turn, with reports revealing staggering financial losses exceeding $25 billion. As the company grapples with its revenue strategy, insiders raise concerns about the future of its voice assistant and its core functionalities. Dive into the complexities behind Amazon’s tech initiatives and what lies ahead…

Wiz’s unexpected decision to turn down Google’s stunning $23 billion acquisition offer sends shockwaves through the tech landscape. As Microsoft braces for potential fallout and a renewed focus on its cybersecurity strategies, the implications of this pivotal moment could reshape the industry. What does this mean for the future of cybersecurity? Discover the details behind…

Apple is hitting the pause button on its aggressive spending for Apple TV+, weighing a new approach after a $20 billion investment in original content that hasn’t paid off. With viewership numbers lagging far behind competitors, major cuts and strategic shifts might be on the horizon. What does this mean for future productions and subscriber…

Coca-Cola’s second-quarter earnings reveal a complex landscape of consumer behavior and corporate strategy. Despite a decline in North American volume sales, the beverage giant is seeing strong global demand and is adjusting its projections. Dive into the strategies Coca-Cola is employing to navigate the changing tastes of consumers and what this means for its future.

A new investigation unveils troubling practices by pharmacy-benefit managers (PBMs) that may be steering patients towards more expensive medications while limiting their choices. As a hearing approaches featuring top PBM executives, questions arise about the impact on patient care and drug costs. Discover the startling findings that could reshape the conversation about healthcare accessibility and…

As major banks brace themselves for a potentially turbulent lending landscape, they’ve ramped up their reserves for credit losses like never before. With soaring interest rates and inflation squeezing consumers, how will this impact your financial future? Dive into the complexities of the banking sector’s cautious strategy and what it means for borrowers amid rising…

Hamet Watt, known for co-founding MoviePass, is launching a fresh venture studio focused on startups in future work and longevity. With nearly $20 million in funding from major investors like Alphabet and Amazon, Watt’s new company, Share Ventures, aims to capitalize on the intersection of AI advancements and modern challenges. Discover how he plans to…

The landscape of WNBA contracts presents both challenges and opportunities for players like Sug Sutton and her teammates. As they navigate the financial pressures of minimum salaries, their resilience shines through. Discover how these athletes are turning hurdles into motivation while striving for recognition in a competitive arena. Click to delve into their stories and…

Delta Air Lines is grappling with a wave of cancellations and delays, continuing to feel the aftereffects of a major software outage. As the airline struggles to recover, how are travelers being affected? Discover the full story behind the disruptions and Delta’s response.

As Kamala Harris steps into the spotlight following President Biden’s exit from the race, analysts suggest her economic policies will closely mirror his. With key endorsements and a promising yet uncertain path ahead, the implications for fiscal policy could have far-reaching effects. What changes might we expect if she becomes the Democratic nominee? Discover the…

In a surprising turn of events, the Bank of Japan’s decision to maintain interest rates has ignited interest in the yen carry-trade. Meanwhile, major U.S. indexes saw significant gains following President Biden’s unexpected announcement regarding the presidential race. Discover how corporate giants like Nvidia and Tesla are navigating their markets amidst evolving strategies, and find…

In a passionate endorsement of President Biden’s reelection campaign, Melinda French Gates highlights his leadership during tumultuous times and his commitment to equality. With the future of the nation at stake, she calls on voters to reflect on the critical choices ahead. Could the upcoming election determine America’s path forward? Discover Gates’ insights and her…

Reddit is diving headfirst into the sports marketing arena with exciting new partnerships across major sports leagues. Get ready for exclusive content, player interactions, and behind-the-scenes glimpses that could change the way you engage with your favorite sports. Discover what this means for fans and the platform’s growing influence in the industry. Curious? Click to…

Abigail Disney, a prominent figure in the legacy of Disney, has made headlines with her decision to resume financial backing for the Democratic Party. Following President Biden’s withdrawal from the 2024 race, her support shifts to Vice President Kamala Harris. What does this mean for the party and its future? Dive in to explore the…

Johnson & Johnson is taking a bold step in the battle against resistant depression by seeking FDA approval for its ketamine-based medication, Spravato, as a standalone treatment. With new clinical trial results hinting at rapid relief, this move could change the landscape for those struggling with treatment-resistant depression. What does this mean for the future…