Join Us Tuesday, September 16
Eli Lilly to invest B on Virginia plant

Eli Lilly on Tuesday announced a $5 billion investment in a manufacturing facility in Virginia as the pharmaceutical giant looks to expand its domestic production capacity amid the threat of tariffs. The manufacturing facility is expected to generate 650 high-wage jobs and 1,800 construction jobs at the West Creek Business…

Costco recalls Prosecco bottles in 12 states for risk of shattering

Costco is recalling bottles of Prosecco over concerns that the bottles may spontaneously shatter even if they are left alone.  Costco, in a warning letter, told consumers across a dozen states that the Kirkland Signature Prosecco Valdobbiadene is being recalled due to the risk of unopened bottles shattering. The letter was sent to customers who purchased the product between April 25 and Aug. 26 in Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio,…

Finance news

View More
Jeni’s Splendid Ice Creams to Open Franchised Locations

If you’ve ever wanted to run an ice cream shop, Jeni’s Splendid Ice Creams has a proposition for you.The ice cream brand plans to recruit franchisees for the first time, the company told Business Insider.Jeni’s will be looking for franchisees starting this fall to open stores in Southeastern and Midwestern…

Business

View More
Senate confirms Trump’s nominee to join Federal Reserve Board of Governors

The Senate confirmed Stephen Miran, one of the White House’s top economic advisors, on Monday to the Federal Reserve Board of Governors, the body that steers the U.S. economy. Senators voted 48-47, largely party-line vote in the Republican-controlled Senate.Miran is set to report to the Fed’s Washington, D.C., headquarters on…

Markets

View More
Scale AI Lost Its Focus on Product, Says Mercor CEO

One AI training incumbent missed the mark on key aspects of the business, according to a rival CEO.On an episode of the “20VC” podcast released on Monday, Mercor CEO Brendan Foody said that Scale AI’s former CEO, Alexandr Wang, was “phenomenal” at aspects like distribution and sales, but the startup…

Investing

View More