Business

Eli Lilly raises annual profit forecast as GLP-1 drugs fuel growth

Thursday, April 30 by SRN News

April 30 (Reuters) - Eli Lilly raised its annual profit forecast and posted better-than-expected first quarter on Thursday, on steady demand for its weight-loss and diabetes drugs Zepbound and Mounjaro, in its first results since launching oral GLP-1 pill Foundayo. Investor expectations for Lilly are... Read More.

Inflation hits 3% in Europe as Iran war spreads oil price shock

Thursday, April 30 by SRN News

FRANKFURT, Germany (AP) - Soaring oil prices from the Iran war pushed inflation higher in Europe in April as growth continued to underperform in a worrying combination both for consumers and policymakers at the European Central Bank. Annual inflation in the 21 countries that use... Read More.

AI customer service startup Netomi raises $110 million

Thursday, April 30 by SRN News

NEW YORK, April 30 (Reuters) - Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service for... Read More.

You’re probably paying more for insurance lately. A new study suggests federal action to cut costs

Thursday, April 30 by SRN News

WASHINGTON (AP) - A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses - and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the Vanderbilt Policy... Read More.

Prediction markets say they’re different from sportsbooks. Gambling addicts say it’s all the same

Thursday, April 30 by SRN News

The soccer coach had blocked himself from sportsbooks by the time he found prediction markets. The tax accountant said he "got the same high" on those platforms that he got from gambling. "That was how I relapsed - with Kalshi and Polymarket. I lost a... Read More.

Media organizations call on Israel to allow foreign reporters independent access to Gaza

Thursday, April 30 by SRN News

The leaders of major media companies around the world, including The Associated Press, are calling on Israel's government to lift a ban keeping foreign journalists from being able to independently enter and report from Gaza, a barrier that's been in place since the war's... Read More.

Teens embrace social media and influencers for news but remain skeptical

Thursday, April 30 by SRN News

NEW YORK (AP) - Teenagers are more inclined than their elders to get news from nontraditional sources such as social media and influencers, heralding a generational shift in how people seek out information. A national study by the Media Insight Project finds 36% of U.S.... Read More.

DHL beats profit forecasts aided by cost and capacity management

Thursday, April 30 by SRN News

By Matthias Inverardi and Amir Orusov April 30 (Reuters) - German logistics giant DHL reported a higher-than-expected quarterly operating profit on Thursday, as capacity management and structural cost improvements helped it weather geopolitical uncertainty stemming from the Middle East conflict. Analysts were expecting European logistics... Read More.

Stellantis sinks on weak cash flows as tariff refunds lift profit

Thursday, April 30 by SRN News

By Giulio Piovaccari and Gilles Guillaume MILAN, April 30 (Reuters) - Stellantis reported a near tripling in first-quarter adjusted operating income on Thursday, helped by U.S. tariff refunds, but a disappointing cash flow result sent shares in the Franco-Italian carmaker sharply lower. The results underscore the... Read More.

Bangladesh set to sign Boeing jet deal, shifting from Airbus

Thursday, April 30 by SRN News

DHAKA, April 30 (Reuters) - Bangladesh is set to sign a deal on Thursday to buy 14 aircraft from U.S. planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure from Washington. Officials did not disclose the value... Read More.

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Current Weather

Eli Lilly raises annual profit forecast as GLP-1 drugs fuel growth

Inflation hits 3% in Europe as Iran war spreads oil price shock

AI customer service startup Netomi raises $110 million

You’re probably paying more for insurance lately. A new study suggests federal action to cut costs

Prediction markets say they’re different from sportsbooks. Gambling addicts say it’s all the same

Media organizations call on Israel to allow foreign reporters independent access to Gaza

DHL beats profit forecasts aided by cost and capacity management

Stellantis sinks on weak cash flows as tariff refunds lift profit

Bangladesh set to sign Boeing jet deal, shifting from Airbus

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