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Lilly’s obesity pill hits nearly 6,000 prescriptions in third week after launch

By Christy Santhosh May 1 (Reuters) - Eli Lilly's newly launched oral weight-loss drug, Foundayo, was prescribed 5,612 times in the U.S. in the third week after its launch, according to analysts citing IQVIA data. The pill, launched in April, has ...
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Morning Bid: So much news, so little time

By Anna Szymanski May 1 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! This week promised to be one of the year's ...
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HF Sinclair posts surprise quarterly profit on higher refining margins

May 1 (Reuters) - HF Sinclair posted a surprise first-quarter adjusted profit on Friday, helped by higher refining margins and increased refined product sales volumes. Refiners in the U.S. are reaping their strongest margins in years, as disruptions to Middle ...
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New CAR-T cell method may allow some cancer patients to skip chemotherapy

By Nancy Lapid May 1 (Reuters) - We also report on a new use for artificial intelligence that could help eliminate some racial inequities in heart disease diagnoses. MODIFIED T-CELL THERAPY MAY AVOID NEED FOR CHEMOTHERAPY A modified type of CAR-T cell ...
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Archimed to take Esperion Therapeutics private in $1.1 billion deal

May 1 (Reuters) - Investment firm Archimed will take Esperion Therapeutics private for up to $1.1 billion, the companies said on Friday, sending the drugmaker's shares up over 55% in premarket trading. Under the terms of the agreement, Esperion shareholders ...
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Exxon beats first-quarter earnings estimate despite hit from Iran conflict 

By Sheila Dang HOUSTON, May 1 (Reuters) - Exxon Mobil beat estimates for first-quarter adjusted earnings on Friday, though unadjusted profit dropped to its lowest level in five years due to disrupted shipments from the U.S.-Israeli war on Iran and ...
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Bessent wants Americans to avoid easy-money traps and invest in financial literacy

WASHINGTON (AP) - Treasury Secretary Scott Bessent winces at the allure of easy money - whether it's lottery tickets, buy now, pay later loans or the promise of a crypto windfall - warning that the get-rich-quick mindset often leads ...
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Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount

By Daniel Leussink TOKYO, May 1 (Reuters) - Toyota is expected to report a fourth successive year-on-year decline in quarterly operating profit next week, as rising material and labour costs and the impact of U.S. tariffs offset strong demand, particularly ...
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Take Five: Sell in May? Let’s find out

LONDON, May 1(Reuters) - From high oil prices and the conflict in the Middle East to Japan's yen, the latest U.S. jobs data, an Australian rate decision, and a UK local election: there's plenty for traders to mull over ...
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Japanese yen jumps against dollar hours after intervention

LONDON, May 1 (Reuters) - The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency. The dollar fell by as much as 0.66% to ...
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Ford recalls about 180,000 vehicles over loose bolt in front seat frame, NHTSA says

May 1 (Reuters) - Ford is recalling 179,698 vehicles in the U.S. due to a loose bolt in the front seat frame, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall includes certain 2024-2026 Ranger and ...
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AstraZeneca shares drop after US regulatory panel votes against breast cancer drug

May 1 (Reuters) - AstraZeneca shares fell nearly 2% on Friday after a U.S. Food and Drug Administration advisory panel voted overnight against recommending an experimental cancer treatment the drugmaker sees as key to its long-term growth ambitions. The FDA's ...
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