Investors bet on obesity drugs before without much success. Why this next wave could be different

Investors bet on obesity drugs before without much success. Why this next wave could be different



New obesity treatments are helping patients lose 15% or more of their body weight, and changing attitudes could expand access to treatments.



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Nike posts surprise sales growth but turnaround work is far from over
Business

Nike posts surprise sales growth but turnaround work is far from over

Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s […]

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Spirit Airlines on track for a 5 million bankruptcy lifeline
Business

Spirit Airlines on track for a $475 million bankruptcy lifeline

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a […]

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Versant adds WNBA media deal to its growing sports portfolio
Business

Versant adds WNBA media deal to its growing sports portfolio

Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals at Target Center in Minneapolis, Minnesota, on Oct. 16, 2024. David Berding | Getty Images Versant has signed a new 11-year media deal with the […]

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