Eli Lilly the Drugmaker’s incoming CEO believes his science background will help generate blockbusters
The drugmaker’s incoming chief believes his science background will help generate some much-needed blockbusters.
Eli Lilly & Co.’s incoming chief executive believes his background in the laboratory provides the formula needed to fill the drugmaker’s dwindling pipeline.
“The sweet spot for me, in terms [...]

Department store lower consumer confidence lowers forecast
Department store retailer says lower consumer confidence has hurt first-quarter results.
Department store operator J.C. Penney said Friday its first-quarter earnings will be well below its previous forecast because of waning consumer demand. Its shares tumbled almost 12% and prices of other retailers also headed lower.
The disclosure punctuates worries that [...]

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