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Paramount’s $110 billion merger with Warner Bros. Discovery will proceed after settling antitrust lawsuits with state attorneys general and the Writers Guild of America, with conditions including increased domestic production and theatrical film releases.
Eli Lilly’s CEO reports 700,000 seniors started GLP-1 obesity drugs through Medicare coverage launched in July, with 70% choosing Lilly medications over competitors.
Peloton unveiled three new treadmills and expanded AI features targeting a wider customer base from budget-conscious buyers to experienced athletes seeking personalized coaching.
Airtel Money, a mobile payments firm operating across African countries and controlled by an Indian billionaire, plans to list on the London Stock Exchange, targeting an $800 million IPO and $8-9 billion valuation.
Legal & General will eliminate approximately 1,000 jobs by mid-2027, representing about 10% of its workforce, as part of CEO António Simões’ restructuring efforts.
McDonald’s announced plans to create its own media network, following retailers like Amazon and Walmart. The company aims for the venture to eventually become a $1 billion business.
