E.l.f. Beauty's growth story is still going.The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The eyes, lip, face beauty giant's sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full year guidance. That increase follows a staggering...
Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida. Joe Raedle | Getty ImagesRepublican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its decisions on...
A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesDelta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and...
David Zaslav attends the world premiere of "The Flash", in Hollywood, Los Angeles, California, U.S., June 12, 2023.Mike Blake | ReutersWarner Bros. Discovery CEO David Zaslav needs a win. Soon.Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that...
Eli Lilly on Thursday reported a home-run quarter fueled by sales of its blockbuster obesity and diabetes drugs, quieting any lingering investor concerns in the stock. Revenue in the second quarter jumped 36% year over year to $11.3 billion, easily topping expectations of $9.92 billion, according to estimates compiled...
Eli Lilly shares are surging after it posted impressive second-quarter results, helped by a combination of more supply and better pricing for its blockbuster weight loss drugs, Mounjaro and Zepbound, suggesting it might be gaining ground against Novo Nordisk . "Investors were nervous going in and this print would...
Eli Lilly — The drug maker's stock surged 8% after the firm reported second-quarter earnings and revenue that blew past expectations. Eli Lilly also hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and weight loss injection Zepbound spike. Under Armour —...
JPMorgan upped the likelihood it sees for the U.S. economy entering a recession this year, the latest sign of concern around the country's financial health following the market turbulence this week. The bank raised its probability for a U.S. or global recession to 35% by year end, chief global...
Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.First-time filings for jobless benefits came to a seasonally adjusted 233,000 for the week, a decline of 17,000 from the previous week's upwardly revised level and lower than the Dow...
Robert K. "Kelly" Ortberg is the Boeing's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors.Courtesy: BoeingAerospace veteran Robert "Kelly" Ortberg becomes Boeing's new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon.That...