Wall Street Breakfast

Volkswagen readies $4.3B cost-cutting plan

Oct 28, 2024
Volkswagen is gearing up for a significant $4.3 billion cost-cutting initiative, potentially affecting pay and plant operations. McDonald's reassures customers that its beef patties are not linked to the recent E. coli outbreak. Meanwhile, Eli Lilly is set to introduce a new weight-loss drug in Hong Kong, creating waves in the market. The launch of Manjaro focuses on tackling diabetes and weight management, while pharmaceutical companies face challenges with supply issues and competition.
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