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Business news, M&A, corporate strategy, and industry analysis
The GLP-1 drug wars just entered a new chapter. CVS Health announced it will restore coverage of Eli Lilly’s weight-loss injection Zepbound across its commercial formularies…
Costco posted a record Q3 with net sales up 11.6% to $69.15B, comps up…
American Eagle stock fell 12% after Q1 comparable sales at its namesake brand turned…
Starbucks Korea's 'Tank Day' boycott is cratering sales, but Starbucks sold out in 2021.…
Dropbox named Ashraf Alkarmi co-CEO as founder Drew Houston steps back after 19 years.…
Uber's 33-euro bid for Delivery Hero, built on a 19.5% stake, sets up a…
AutoZone beat with $38.07 EPS on $4.84B sales, but a buyback-driven number and defensive…
Star Wars returns to theaters Friday after a seven-year absence. Tracking sits at $80…
Home Depot beat the top and bottom line, posted its first positive US comp…
Anthropic is in advanced talks for a $30 billion round at a $900 billion…
Ramp's April AI Index says Anthropic now sits at 34.4% of businesses to OpenAI's…
Bill Ackman quietly built a $2.1 billion Microsoft stake since February and waited until…
Toyota filed Friday for a $2 billion hybrid assembly plant adjacent to its existing…
