The Eli Lilly & Co. executive who oversaw development of Mounjaro, its blockbuster diabetes medicine that’s also used for weight loss, will retire at the end of the year.
General Motors Co. is setting up a $6 billion line of credit to shore up liquidity, a move indicating the carmaker is preparing for a strike at US plants that may drag on with costs already reaching $200 million.
Germany will bring several mothballed coal plants back to the market this winter to ensure that Europe’s largest economy can keep the lights on when demand peaks.
After a handful of conservative hardliners ousted Speaker Kevin McCarthy (R-Calif.) Tuesday, Republicans have to decide who to turn to next to try and manage their slim and unruly majority and lead the House.
Astronauts on an upcoming NASA mission will head to the moon in style, decked out in Prada spacesuits.
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