Eli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV on Monday. The company is set to release key late-stage trial data on the drug, orforglipron, by the middle of this year. Eli Lilly is pushing to get the pill to market […]
Eli Lilly CEO expects new weight loss pill to be approved next year Read More »
Contractors ended 2024 on a cautiously optimistic note, as the latest construction data revealed resilience alongside lingering challenges. Backlog held steady at 8.4 months as contractors expressed some optimism about private construction prospects. The possibility of lower borrowing costs and clearer policy direction following the presidential election buoyed confidence. Groundbreakings also gained momentum to close
December 2024 economic roundup Read More »
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. A new law in New York will directly affect the bidding process for contractors and subcontractors. As of Dec. 30, 2024, contractors and subcontractors on public projects and private projects under Article 8 will be required to register
NY mandates contractor registration for publicly funded projects Read More »
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: A federal judge dismissed Thursday a New Mexico trucking company’s motion to preliminarily enjoin the U.S. Department of Labor’s 2024 independent contractor final rule, delivering a regulatory victory to the Biden administration in its final
DOL’s independent contractor rule evades trucking company’s injunction bid Read More »
Health-care payments company Waystar on Monday announced a new generative artificial intelligence tool that can help hospitals quickly tackle one of their most costly and tedious responsibilities: fighting insurance denials. Hospitals and health systems spend nearly $20 billion a year trying to overturn denied claims, according to a March report from the group purchasing organization
Across vehicle age groups, auction sales rose nearly 8% year-over-year in 2024 for 0–to-2-year-old vehicles, which includes a heavy mix of rental fleet units. Total full-year AuctionNet wholesale sales reached 6.74 million vehicles, up 9.6% versus 2023’s full-year total, according to AuctionNet data released Jan. 10. Auction sales have now increased for
Auction Vehicle Sales Mark Another Rebound Year Read More »
Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second
Moderna stock plunges 18% after company lowers 2025 sales forecast by $1 billion Read More »
Amazon Web Services and venture capital firm General Catalyst on Monday announced a new multi-year partnership in their latest push to carve out a piece of health-care’s growing artificial intelligence market. Through the collaboration, General Catalyst portfolio companies will use AWS’ services to build and roll out AI tools for health systems more quickly. Aidoc,
AWS and General Catalyst partner to speed up development of health-care AI tools Read More »
NVIDIA CEO Jensen Huang unveiled Cosmos, a foundational AI model platform. As STEER Tech’s Anuja Sonalker describes Cosmos, “It has the potential to become what Chatgpt is for the non-physical world!” Consumer Technology Association (CTA)/CES Vehicles are computers on wheels. While the phrase has existed for three decades, the annual January pilgrimage
Hot Takes from CES 2025: The Fleet Perspective [Part 1] Read More »
The number of mega water infrastructure projects – those ranging from $350 million to over $1 billion – is growing across the U.S. Their success depends on teams with a specialized skill set and experience managing complexity. The United States loses an estimated 2.1 trillion gallons of water annually due to aging and deteriorating infrastructure,
The blueprint for success in mega water projects Read More »
