Reported about 1 year ago
Eli Lilly has revealed its latest manufacturing plant in Concord, North Carolina, to address manufacturing bottlenecks for GLP-1 drugs, Mounjaro for diabetes and Zepbound for weight loss, with the new facility set to produce injectable pens starting in 2025. The company plans to expand manufacturing to meet high demand, with the new facility, costing $2 billion, being completed in two years rather than the typical five, thanks to North Carolina's support and streamlined FDA collaboration. The company aims to build 10 to 15 new facilities to keep up with current demand, with Wall Street predicting $13.5 billion in revenue from GLP-1 drugs in 2024, prompting a $2 billion increase in 2024 guidance.
Source: YAHOO
Reported about 1 year ago
This week's Latin music releases include new tracks from artists like Paulo Londra, Ángela Aguilar, and Mario Bautista, along with a nostalgic comeback from Mexican boy band Magneto. Other releases featured are Cimafunk's 'Pretty', Chino Pacas’ 'Mami Chula', and more. Last week's top vote went to Feid's 'Sorry 4 That Much', with this week's contenders including ROBI and Magneto. Fans can vote for their favorite new release on Billboard's Latin roundup.
Source: YAHOO
Reported about 1 year ago
US stocks ended the week higher after a cool May inflation report and Apple's announcement of its AI ambitions. The Nasdaq 100 closed at record highs due to excitement over AI and strong earnings from Broadcom and Adobe. The Federal Reserve hinted at potential interest rate cuts if inflation continues to decrease. The S&P 500 and Nasdaq 100 hit record highs, while the Dow Jones finished slightly down. The market anticipates a 61% chance of a rate cut at the September FOMC meeting. In other news, Elon Musk's $50 billion pay package was approved, Tesla could reach a $30 trillion valuation, and other stocks like Broadcom are seen as potential trillion-dollar companies.
Source: YAHOO
Reported about 1 year ago
Brazil is taking advantage of the US biofuels boom by increasing exports of Brazilian cattle tallow, a form of waste fat used in renewable fuels, leading to a 377% surge in US purchases in the first four months of 2024. US fuel producers like Diamond Green Diesel LLC and Marathon Petroleum Corp. are opting for cheaper raw materials from abroad to improve their margins. This influx of Brazilian imports is challenging American farmers and agriculture companies relying on crop-based green diesel feedstocks, risking profit decline and expansion setbacks.
Source: YAHOO
Reported about 1 year ago
During the NBA Finals, Celtics players have expressed admiration for their coach Joe Mazzulla's unorthodox coaching style, particularly his use of video clips from various sources like soccer teams, killer whales, and UFC fights to convey strategic lessons. Players appreciate Mazzulla's innovative approach to the game and acknowledge the impact it has had on their performance leading up to Game 4.
Source: YAHOO
Reported about 1 year ago
Two men, Thomas Pavey and Raheim Hamilton, have been charged by US prosecutors for running a dark web market called 'Empire Market' where over $430 million worth of drugs, stolen information, counterfeit currency, and malicious programs were anonymously bought and sold. Pavey and Hamilton allegedly engaged in drug trafficking, computer fraud, money laundering, and other crimes through the platform between 2018 and 2020, using cryptocurrency for transactions. They are held in federal custody, facing charges for their involvement in 'AlphaBay' as well. Investigators seized cash, precious metals, and over $75 million in cryptocurrencies from the accused individuals.
Source: YAHOO
Reported about 1 year ago
自2008年起，電視學院一直用艾美獎最佳真人秀/競賽節目主持人獎來表揚真人秀和競賽節目的主持人工作。在今年的第一輪提名投票期間，八個分部的學院成員必須從48名參賽者中選擇，比2023年的67名參賽者減少，並保持了五個提名名額。2024提名登記表中有現任冠軍RuPaul Charles，他已連續八次獲得“RuPaul's Drag Race”提名。也在尋求另一次勝利的是Jeff Probst（“Survivor”），他在2008年至2011年主宰該項目，但自那時以來沒有被提名。
Source: YAHOO
Reported about 1 year ago
The Chicago White Sox brought back Tommy Pham from his rehab assignment and made three other roster moves, including selecting Chad Kuhl from Triple-A Charlotte and optioning Zach DeLoach and Jordan Leasure. Pham had been on the injured list due to an ankle sprain since June 4 and has been performing well with a batting average of .280, three home runs, and 12 RBIs since joining the club.
Source: YAHOO
Reported about 1 year ago
Tempus AI（TEM）通過首次公開募股（IPO）在納斯達克交易市場上市。這支股票自開盤價格37美元後在周五交易中大漲。市場主導安克 Julie Hyman和Josh Lipton在更廣泛的AI敘事中研究了Tempus。
Source: YAHOO
Reported about 1 year ago
Skaiwater是23岁的说唱歌手、歌手和制作人Tyler Brooks。去年初，他宣布自己身份为非二进制，并开始以性别流动的方式呈现，受到了大量粉丝的支持。周五（6月14日）推出了专辑gigi，这是一张充满各种风味和风格的专辑，甜美、原始、开放、有趣且富有灵魂。该专辑探索了不同类型的黑人舞曲，展示了从流行到灵魂的将来之声，并特别强调Lil Nas X在“light!”中的合作。Skaiwater还分享了他对音乐的影响、转变以及作为非二进制个体在音乐行业中的挑战和看法。
Source: YAHOO
Reported about 1 year ago
智利BHP集團的銅礦工人接受了公司最新的工資提議，結束了在占全球供應量約1％的礦山進行緊張的集體談判過程。Spence礦山的工人通過了本週經管理層和工會領導人進行調解談判reached的初步協議，這些達成的協議使智利在高銅價背景下生產商利潤增加並且工人通過薪酬期望也加大的紛擾生產商的忙碌的集體談判進程得以緩和。目前關注轉向BHP在智利其他的Escondida運營，該礦山比Spence要大四倍多，並且在過去也曾發生漫長的罷工。
Source: YAHOO
Reported about 1 year ago
In a turnaround from his previous actions, former President Donald Trump, who defied the NRA to ban bump stocks after a mass shooting in 2018, now claims he 'did nothing' to restrict guns as he campaigns for the 2024 election. The Supreme Court recently overturned Trump's own ban on bump stocks, drawing attention to his complex record on gun control issues and showing his conservative base's reluctance towards gun restrictions despite public support for tighter regulations. Trump, endorsed by the NRA, now presents himself as a strong supporter of Second Amendment rights amid criticism from President Joe Biden's campaign over the ban reversal.
Source: YAHOO
Reported about 1 year ago
Flows into spot bitcoin ETFs have turned negative recently as the price of the cryptocurrency dropped, leading to over $300 million in outflows for the week. Notably, Grayscale Bitcoin Trust (GBTC) and Fidelity Wise Origin Bitcoin Fund (FBTC) saw significant outflows, while BlackRock Bitcoin Trust (IBIT) received only mild interest with $38 million in inflows. The price drop is attributed to miners selling holdings to improve balance sheets and profit-taking among large investors. Despite recent outflows, spot bitcoin ETFs recorded high inflows of $886 million on June 4, indicating fluctuating investor interest in the cryptocurrency market.
Source: YAHOO
Reported about 1 year ago
The Houston Astros have released José Abreu, the former AL MVP, with $30.8 million remaining on his contract. Abreu, who was batting .124 this season, spent time in the minors to improve his performance. The Astros owe him $30.8 million from the $58.5 million contract signed last year. Any team can now sign the three-time All-Star and former MVP for a prorated share of the major league minimum salary.
Source: YAHOO
Reported about 1 year ago
MicroStrategy（MSTR）正在出售可轉債券，現已將其預期銷售額提高至7億美元，用於購買更多比特幣（BTC-USD）。Market Domination團隊分析了MicroStrategy的股價與其比特幣持有價值之間的關係。詳細了解專家見解和最新市場行動，請點擊這裡收看Market Domination完整事件。
Source: YAHOO
Reported about 1 year ago
The Federal Reserve Bank of New York released data indicating that the neutral interest rate, known as R-Star, remained at a low level of 0.7% in the first quarter of 2024, unchanged from the last quarter of 2023. This suggests a continuing environment of low interest rates, contrasting with Fed officials' expectations of a shift away from the era of extremely low borrowing costs prior to the pandemic. The latest Fed forecasts also show an increase in the longer-run federal funds rate target, indicating a possible rise in R-Star. Fed Chair Jerome Powell mentioned that R-Star is a theoretical concept and that the Fed's long-term rate forecast reflects an evolving view on interest rates. The article discusses the challenges faced by Fed officials in understanding the effects of monetary policy on the economy amidst the current economic conditions.
Source: YAHOO
Reported about 1 year ago
Houghton University, a 140-year-old liberal arts school in Western New York, had its credit rating lowered to junk status by S&P Global Ratings due to financial challenges including deficits and projected operating shortfalls in fiscal 2024. Despite facing financial pressure common among small liberal arts colleges, Houghton's stable outlook is supported by successful fundraising efforts, enrollment growth, and an improved endowment, with the university taking steps to strengthen its financial position by consolidating debt and implementing strategic plans.
Source: YAHOO
Reported about 1 year ago
A flight in Colombia was delayed as a ten-year-old child refused to buckle his seat belt, leading to passengers demanding his removal from the plane. Despite crew and parent's pleas, the child threw a tantrum and had to be escorted off the plane, causing a one-hour delay. Passengers criticized the child's behavior and his father for not managing him properly. Security eventually intervened, removing the child and his father from the aircraft to resolve the situation.
Source: YAHOO
Reported about 1 year ago
Boeing has informed suppliers that it is pushing back its goal for 737 jet family production by three months, aiming now to reach 42 aircraft per month in September instead of June. The decision comes as Boeing faces challenges following a safety incident earlier in the year, with production slowing due to regulatory scrutiny and supply constraints. Despite delays, Boeing remains cautious about supply pressures easing, while rival Airbus is also bracing for disruptions. Boeing's shares dropped 2.2% following the announcement.
Source: YAHOO
Reported about 1 year ago
The repercussions of Hollywood strikes are still affecting the Emmys despite voting beginning, with last year's contenders missing due to delays caused by strikes. The drama and comedy series categories have notably decreased in entries, and only a few past nominees are back in the running this year. The industry overall, including unscripted shows, has been impacted, with a 21% decline in premieres and reduced entries for reality categories. The effects are expected to linger, with the industry taking time to rebuild post-strikes and pandemic uncertainties.
Source: YAHOO
Reported about 1 year ago
The Princess of Wales, Kate Middleton, was photographed by Matt Porteous in Windsor, marking her first appearance since revealing her cancer diagnosis. In a personal letter accompanying the photo, Kate expressed that her treatment journey has its ups and downs, emphasizing that her battle against cancer is ongoing.
Source: YAHOO
Reported about 1 year ago
Bank of America raised its target price for Broadcom shares to $2,000 and projected $59.9 billion in sales for the 2025 fiscal year, anticipating a potential market cap surpassing $1 trillion. Meanwhile, Nvidia, with a value near $3.25 trillion, remains the dominant chipmaker and the only one with a 13-figure market cap, surpassing firms like Amazon and Alphabet. Despite Broadcom's growth potential in custom chips and networking, Nvidia's stronghold in the market is attributed to its widespread adoption of CUDA architecture over the past 15 years, making it challenging for competitors to disrupt its position.
Source: YAHOO
Reported about 1 year ago
Apple's stock had a remarkable week, gaining $230 billion in market value due to optimism surrounding its AI strategy for iPhones. Investors responded to Apple's plans to integrate ChatGPT and other AI features, anticipating a significant upgrade cycle among users with older devices. This push saw Apple's shares rise nearly 8%, surpassing Microsoft as the largest company by market capitalization and reaching a record high. The positive outlook on AI innovation potentially driving a new iPhone sales cycle boosted not only Apple's stock but also its suppliers like Skyworks Solutions and Cirrus Logic. The incorporation of AI features is seen as a catalyst for iPhone revenue growth and broader adoption of AI technology, making Apple a key player in this space.
Source: YAHOO
Reported about 1 year ago
在愛民頓油人星期四晚上的逆轉嘗試未能成功之後，迪士尼高管們現在發現自己正面臨著財務困境的雙重威脅。佛羅里達豹在斯坦利盃決賽中取得3-0領先，有效地反映了波士頓塞爾蒂克在NBA總決賽中所做的事情，從而設定了一種可能使ABC損失數億美元廣告收入的罕見雙冠掃除情景。
Source: YAHOO
Reported about 1 year ago
The Kansas City Chiefs spent $40,000 on each Super Bowl ring with a typo in the playoff game scores engraved on the inside, listing the Miami Dolphins as the No. 7 seed instead of No. 6. Despite an elegant ceremony for the ring presentation, the error went unnoticed by many. The Chiefs had defeated the San Francisco 49ers to win their second consecutive Super Bowl.
Source: YAHOO