Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s
As Novo works to turn itself around, some analysts say Lilly has advantages that could help it maintain its position at the top of the obesity drug market.
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Cat owners are spending more and boosting pet retailers
Spending on cats remains strong despite softening dog sector and tightening consumer discretionary spending.
Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids
Cox analysts said Ford and General Motors are seeing sales lag because they don't have many hybrid vehicles.
MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer
Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.
Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden's same-store sales growth has slowed in recent quarters.
Lowe's is launching a drone delivery service in partnership with DoorDash, Alphabet
Lowe's is launching a drone delivery service in a partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively.
Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.
Why McDonald's is following Walmart and Amazon into the advertising business
McDonald's is following the lead of Amazon and Walmart as it starts its own media network.
As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry
Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufacturers.
McDonald's CEO expects high inflation, flat traffic are not going away for restaurant industry
McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.
McDonald's will spend big on restaurant upgrades, training to drive growth
The plans are part of the fast-food giant's new growth strategy, called McDonald's > NEXT.
Qantas to start selling tickets next year for its New York to Sydney nonstop flight
Qantas plans to start selling tickets for its first New York to Sydney nonstop flight.