Abercrombie and Lululemon report early holiday results

Combination showing store signage from Aberdrombie & Fitch and Lululemon stores.Getty ImagesAbercrombie and Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December.Yet Wall Street greeted the news with varying...

Read more...

Boeing stock slides after FAA grounds 737 Max 9s

An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Saturday, Jan. 6, 2024. David Ryder | Bloomberg | Getty ImagesShares of Boeing tumbled roughly 8% in premarket trading Monday, as investors digested the news that the Federal Aviation Administration had ordered...

Read more...

Eli Lilly weight loss drug site may not upend industry

Sopa Images | Lightrocket | Getty ImagesEli Lilly is shaking up the pharmaceutical industry with a new website offering telehealth prescriptions and direct home delivery of certain drugs, including its red-hot weight loss treatment Zepbound, to expand patient access. The company's direct-to-consumer push announced Thursday, the first of its kind...

Read more...