Business news

• Eli Lilly's campaign seeks to resolve weight-loss drug misconceptions

  09-03-2024 20:56 via foxbusiness.com
  
  Pharmaceutical giant Eli Lilly and Company is trying to clear up misconceptions about obesity care as it increases investment in its highly popular weight-loss drugs. With the latest phase of Lilly's "Get Better" campaign, the company aims to focus the importance of obesity treatment as a disease, and the appropriate use of anti-obesity medications. These drugs have surged in popularity in recent years, due in part to social media and countless celebrities, such as Elon Musk having touted t
  
  Read more

• Mexico-bound United Airlines plane makes emergency landing at Los Angeles airport

  09-03-2024 20:24 via foxbusiness.com
  
  A United Airlines flight en route to Mexico City made an emergency landing at Los Angeles International Airport (LAX) Friday after a reported hydraulics issue, becoming the latest in a rash of harrowing incidents involving a United plane this week. United flight 821 departed from San Francisco International Airport (SFO) and was en route to Mexico City International Airport when it was diverted to LAX. The plane landed safely around 4:30 p.m., according to a statement released by the Federa
  
  Read more

• Logan Paul's 'Prime' becomes WWE's largest sponsor in company history, will be first in-ring ad

  09-03-2024 20:00 via foxbusiness.com
  
  The Paul brothers are continuing to build on their empires, both in business and combat sports.Jake has become a successful boxer and promoter, recently announcing a bout with Mike Tyson slated for July 20 - his older brother, Logan, is a WWE superstar and current holder of the United States Championship.Both Paul brothers are heavily invested in the energy drink business, as well - Logan is a co-founder of Prime, while Jake is a partner with CELSIUS.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEW
  
  Read more

• Nvidia's CEO has an extensive, rich real estate portfolio

  09-03-2024 17:06 via foxbusiness.com
  
  Jensen Huang has seen major success with Nvidia and, according to the Wall Street Journal, invested some of it in properties for him and his family over the years.The CEO of Nvidia has reportedly accumulated a reported net worth of $77.2 billion thanks to the AI chipmaker he created with Chris Malachowsky and Curtis Priem. The real estate footprint that Huang has created with his 11-figure net worth spans two states, The Journal reported earlier this week. Nvidia declined to comment.On the
  
  Read more

• Advertisement

• Levi Strauss & Co. lays off over 140 employees at San Francisco headquarters

  09-03-2024 13:11 via foxbusiness.com
  
  Levi Strauss & Co., one of the world's most famous fashion brands, is laying off over one hundred employees at their California office.The company, known for its iconic blue jeans, announced 146 employees would be cut from their San Francisco headquarters.California staff cuts are unlikely to be the last — the company previously announced more widespread terminations are on the horizon.LEVI STRAUSS CEO SAYS HE REGRETS 'NOT EXITING PEOPLE SOON ENOUGH'Levi has previously speculated that
  
  Read more

• Wegovy, the weight-loss medication, gets FDA approval for use as heart disease prevention drug

  09-03-2024 13:05 via foxbusiness.com
  
  Wegovy has been approved for use as a heart disease prevention medication, the FDA announced on Friday.The injectable semaglutide — originally approved for weight loss for certain patients — is now also indicated to reduce the risk of cardiovascular death, heart attack and stroke in adults who have cardiovascular disease and are either overweight or obese, the announcement stated. "Wegovy is now the first weight-loss medication to also be approved to help prevent life-threatenin
  
  Read more

Follow @Business_Newsl on Twitter!