Why sales of Eli Lilly’s Zepbound and Mounjaro fell short

Why sales of Eli Lilly’s Zepbound and Mounjaro fell short

Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the third quarter, even as supply of both medicines have largely recovered from widespread shortages in the U.S.  The reason, according to the company, is not an issue of demand or supply.  Eli Lilly instead blamed disappointing sales on drug … Read more

Where is the growth in this Budget?

Where is the growth in this Budget?

Getty Images Chancellor Rachel Reeves repeatedly called this a “Budget for growth”. Is it? Over the next two years, yes. But the UK’s official independent forecaster’s verdict is that all the measures in the Budget do not boost the economy in the next three to five years. The National Insurance rise for employers rise weighs … Read more

New Jersey Star-Ledger will end print edition in 2025

New Jersey Star-Ledger will end print edition in 2025

New Jersey’s biggest newspaper, the Star-Ledger, said Wednesday that it will stop publishing its print edition in February amid rising costs and slumping demand for print. The 85-year-old publication’s owner Advance Local said it is also closing the Montville, NJ production facility and ending the print publication of dallies The Times of Trenton and the … Read more

Massachusetts ratepayers to pay extra $512M for transmission line for Canadian hydropower

Massachusetts ratepayers to pay extra 2M for transmission line for Canadian hydropower

PORTLAND, Maine — Three Massachusetts utilities and Central Maine Power’s parent company have agreed that Massachusetts ratepayers must shoulder $512 million in additional costs caused by delays in construction of a power transmission project in Maine that will allow Canadian hydropower to reach the New England power grid. Proponents said Wednesday that the project aimed … Read more

HS2 Euston link funding announced in Budget

HS2 Euston link funding announced in Budget

PA Media HS2 construction at Euston was paused after funding for the link was put in doubt The government is “committing the funding required” to begin tunnelling work to bring HS2 to London Euston station, Chancellor Rachel Reeves has announced. Ms Reeves said in her Budget speech this would encourage private investment in the area. … Read more

Dynarex Baby powder recall expanded to 42K bottles over asbestos link

Dynarex Baby powder recall expanded to 42K bottles over asbestos link

The maker of a popular baby powder brand expanded a nationwide recall of the product to nearly 42,000 bottles due to the risk they are contaminated with cancer-causing asbestos, according to the US Food and Drug Administration. Dynarex Corporation, which sells medical supplies and personal care products, was expanding the recall had initially recalled about … Read more