Business

In a significant advancement for sleep medicine, the Food and Drug Administration (FDA) has granted approval for Eli Lilly’s popular weight loss medication, Zepbound, to be used in treating moderate-to-severe obstructive sleep apnea (OSA). This decision, announced on a recent Friday, broadens the therapeutic landscape for this prevalent condition. OSA, characterized by interrupted breathing during
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Nike, the emblematic sportswear powerhouse, recently reported its fiscal second-quarter results for 2025, revealing a performance that exceeded the cautious expectations of analysts. Under the helm of newly appointed CEO Elliott Hill, Nike showcased resilience despite the tumultuous landscape of the retail sector. Analysts surveyed by LSEG anticipated earnings per share of 63 cents, but
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The world of college athletics has emerged as a powerful economic engine, with schools unmatched in revenue generation that rivals some professional sports teams. This burgeoning financial framework has attracted the attention of private investors eager to tap into what seems like an ever-expanding market. However, a pressing question remains: What precisely is the value
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The current real estate landscape presents a fascinating paradox: while fewer homes are available for sale, a staggering number of bedrooms remain unoccupied. The recent findings from Realtor.com indicate that the number of extra bedrooms—defined as those beyond the occupancy needs of the household and often including rooms earmarked for offices—has skyrocketed. In 2023, the
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In a significant display of dissatisfaction, Starbucks Workers United announced on Tuesday that an overwhelming 98% of unionized baristas have voted to authorize a strike as they negotiate a contract with one of the world’s largest coffee companies. This development indicates escalating tensions between the union and Starbucks, reflecting the challenges both parties face in
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Family offices, which manage the wealth of high-net-worth families, have evolved into significant players in the investment world, especially in the realm of private companies. These entities traditionally invested through private equity firms but are increasingly opting for direct investments, believing that they can achieve higher returns while avoiding hefty management fees. The Wharton Family
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In recent years, the landscape of air travel has shifted dramatically. Passengers have reevaluated their preferences, seeking more comfort and better experiences than ever before. The aftermath of the pandemic has prompted a notable surge in demand for premium seating options, resulting in a significant evolution of airline marketing and offerings. This phenomenon reflects broader
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The recent passing of Brian Thompson, the CEO of UnitedHealthcare, has not only left a void in leadership within one of the largest private insurance firms in the United States but also ignited a pressing conversation regarding the systemic flaws within the U.S. healthcare system. Andrew Witty, the CEO of UnitedHealth Group, publicly expressed his
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In a bold move aimed at streamlining operations and addressing the evolving landscape of the entertainment industry, Warner Bros. Discovery recently unveiled a comprehensive restructuring plan. This initiative is designed to create distinct segments within its business by separating linear television operations from its streaming units. As consumer preferences increasingly shift towards digital consumption, this
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