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Business

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Eli Lilly’s Zepbound outperforms Wegovy in obesity drug study
Zepbound beats Wegovy for weight loss in trial of blockbuster drugs

INDIANAPOLIS, Indiana: Eli Lilly's obesity drug Zepbound led to nearly 50 percent more weight loss than Novo Nordisk's Wegovy in the...

China's passenger car sales rise for third straight month in April
Chinese passenger car sales rise for a third month in April

SHENZHEN, China: China's passenger car sales climbed for the third consecutive month in April, increasing 14.8 percent from a year...

Dow disappoints but broader U.S. markets advance
Mixed day on Wall Street but Nasdaq Composite surges 137 points

NEW YORK, New York - U.S. stocks were bought up on the Nasdaq Composite and Standard and Poor's 500 while the Dow Jones industrial...

US worker productivity falls, pushing labor costs higher
U.S. worker productivity declines in first quarter

WASHINGTON, D.C.: U.S. worker productivity fell in the first quarter of the year for the first time in nearly three years, leading...

Taiwan’s China Airlines orders 14 Boeing 777X jets
Taiwan's China Airlines orders 14 Boeing 777X planes

TAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...

Citgo posts $82 million Q1 Loss, reversing last year’s $410M profit
Citgo posts $82 million loss in Q1 amid weak margins

HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...

California

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Google to pay $1.4 billion in Texas data privacy settlement
Google will pay Texas $1.4 billion for collecting data illegally

MOUNTAIN VIEW, California: Google will pay US$1.4 billion to settle allegations that it unlawfully collected user data in Texas without...

Redefinition of 'prison riots' to help younger detainees
Incarcerated kids get relief from new bill

Advocates for juvenile justice reform in Washington are celebrating the passage of House Bill 1815. The law redefines prison riot and...

Apple’s AI Safari push threatens Google’s iPhone search dominance
Apple offers AI search options on Safari, hits Google dominance

CUPERTINO, California: Apple's plan to introduce AI-powered search options on its Safari browser poses a major challenge to Google,...

Trump signs order to speed up US drug plant approvals
Trump signs executive order to encourage US drug manufacturing

WASHINGTON, D.C.: This week, U.S. President Donald Trump signed an executive order to speed up the approval of drug manufacturing plants...

Disney surpasses earnings forecasts on streaming and parks strength
Disney earnings soar on resilient streaming, US parks revenue

LOS ANGELES, California: Walt Disney Co. posted stronger-than-expected quarterly earnings, buoyed by solid gains in its Disney+ streaming...

Skechers to go private in $9.42 billion deal
Skechers to go private for $9.42 billion in biggest sneaker deal

MANHATTAN BEACH, California: After more than two decades as a public company, Skechers is set to go private in a US$9.42 billion deal...