Eli Lilly Sues Sellers of Black Market Weight-Loss Drugs
Eli Lilly has filed six new lawsuits against U.S. entities that it alleges are selling a version of the company's investigational weight-loss drug on the black market.
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Brinker International Revenue Climbs as Chili's Growth Continues
Brinker International logged higher profit and revenue in its fiscal fourth quarter, fueled by continued momentum across its Chili's brand.
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Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.
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Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally
The investment portfolio of the world's largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.
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Performance Food Sales, Profit Rise on Higher Prices
Performance Food logged higher sales and profit in the fiscal fourth quarter, as both costs and prices increased.
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AI Spending Snuffs Out Tencent's Profit-Growth Run
Tencent has reported promising progress on the AI front in recent months, including the release of its Hy3 model.
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Tata Sons Chairman to Exit After a Decade at the Helm
Natarajan Chandrasekaran has resigned as chairman of Tata Sons, putting an end to a decade at the helm and casting a spotlight on leadership at one of India's oldest and most prominent business groups.
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New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The probe targets the marketing practices of four prediction markets with operations in the city.
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Foxconn Ramping Up Global AI Server Production to Ride Booming Cloud Investment
The Taiwanese company reported another strong quarter as it boosted production of servers and other tech hardware for the global artificial-intelligence build-out.
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Cracker Barrel's CEO Was Plotting a Turnaround-but Opened the Door to Her Own Exit
Julie Masino quietly blessed efforts to find her successor as she publicly charted a path out of a controversial rebranding.
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Will Paramount Leave California? Executives Say It's on the Table
CEO David Ellison has suggested a possible move as the antitrust battle drags on over the company's Warner Bros. deal.
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Energy Startup Raises $750 Million for Rust-Powered Batteries
Form Energy's fundraising has surpassed $2 billion for batteries that can continuously run for 100 hours.
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ABN AMRO Bank Boosts Guidance as Profit Jumps
The bank's operating income climbed 13% in the second quarter while its net interest income rose 11%.
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Vestas Wind Systems Shares Jump on Earnings Growth, Margin Upgrade
The wind-turbine maker posted higher second-quarter earnings and improving profitability, enabling the company to increase its full-year margin guidance.