"We developed this antibody and got to proof of concept in six months. Usually, that's more than six years," Eli Lilly CEO Dave Ricks said on CNBC's "Mad Money."
Americans will hold four of the five seats on TikTok Global's board, with ByteDance's CEO holding the fifth seat. ByteDance investors will hold a majority of shares in the company.
With aid for beleaguered carriers running out, two key Republican senators introduce legislation for more than $28 billion in additional aid for the airline industry.
The beverage giant's foray into the hard seltzer category represents the company's consumer-centric approach to growing business, CEO James Quincey told CNBC.
Elon Musk's electric car company is likely to disclose specifications for at least one new type of battery cell that the company has been developing, and may give an aspiring start-date for manufacturing its own cells at scale, too.
As part of his $4 trillion tax plan, Biden has proposed increasing the top tax rate for capital gains for the highest earners to 39.6% from 23.8%, the largest real increase in capital gains rates in history.
Industry watchers say the big-box retailer's ties to TikTok could help it sharpen its approach to targeted ads, turn user data into business strategies and establish a relationship with the many teens and twenty-somethings.
Mitch McConnell said the Senate has more than enough time to confirm President Donald Trump's Supreme Court pick before the end of the year, or even before Election Day.