INDIANAPOLIS — Here is a look at Tuesday’s business headlines with Jane King, who has the latest on the inflation report expected to be released this morning, potential tariff relief, and a new streaming bundle.
The latest consumer price index report is expected later this morning, but it will not include a comparison with October of last year because of the government shutdown.
Falling gas prices are expected to have offered consumers some relief last month.
Eli Lilly’s weight-loss pill helped reduce sleep apnea in a clinical trial, the drugmaker said.
Lilly plans to file by the end of the year for U.S. approval of the daily pill to treat moderate to severe obstructive sleep apnea in adults with obesity or who are overweight. The results add the pill to several GLP-1 treatments showing promise against the condition.
Wine and spirits prices could fall if imported alcohol gets tariff relief. Election results have raised hopes of a break for American consumers.
Tariffs and declining drinking habits have weighed on beverage companies over the past two years. A change in control of Congress may signal near-term relief, the script says.
Skydance plans to combine HBO Max and Paramount+ in a streaming package next year. The media company said the package would offer “even greater value” to consumers.
Skydance announced the plan in its first earnings report since Paramount bought Warner Bros. Discovery. The price of the bundle has not been announced. Skydance said it would share more details about the package and its streaming plans in the coming months.
A subscription to both services without ads currently costs about $32 a month.
More than half of Americans 21 and older say it is inappropriate to ask, “Why aren’t you drinking?” at a holiday party, according to a survey conducted by Talker Research on behalf of the International Alliance for Responsible Drinking.
The findings suggest holiday celebrations may be placing greater emphasis on respecting personal preferences rather than expecting everyone to drink, the script says.
