Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair loss, launched a weight loss program in December. But GLP-1 medications — such as Ozempic and […]Read More

Nestle is launching a new frozen-food brand, Vital Pursuit, aimed at the growing market of consumers who are using GLP-1 drugs like Ozempic and Wegovy. Over the last year, the buzzy weight loss and diabetes drugs have taken off as more options hit the market and celebrities like Oprah Winfrey and Elon Musk endorse them. Roughly 1 in […]Read More

Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday with the Securities and Exchange Commission. The report is one of the first measures of company’s true financial health since it […]Read More

Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media influencer. On the same day Alito sold Anheuser-Busch, he then bought the same amount of stock in Molson Coors, a company with a history of facing political boycotts of its own, the filing shows. The transactions […]Read More

Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier’s similar announcement, part of an overhaul of the country’s biggest discount carriers’ longtime strategy. Prior to the new rule, Spirit used to charge anywhere between $69 and $119 for ticket changes and cancellations, depending on how close to departure the customer […]Read More

Long-expected layoffs are hitting Pixar Animation Studios today. Pixar will lay off about 175 employees, or around 14% of the studio’s workforce, a spokesperson for parent company Walt Disney told CNBC. The cuts come as CEO Bob Iger works toward his overarching mandate to focus on quality content, not quantity. Layoffs hit other Disney businesses last year, […]Read More

Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic. Now different drivers are pushing some rents higher — and throwing cold water on others. Multifamily rents in April were 0.8% lower than they were in the same […]Read More