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David Ricks, chief executive officer of Eli Lilly & Co., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Friday, April 17, 2026.Aaron Schwartz | Bloomberg | Getty ImagesEli Lilly on Thursday reported first-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook by $2 billion, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro spiked again.The pharmaceutical giant now expects 2026 revenue to come in between $82 billion and $85 billion, up from a previous guidance of $80…

Charlie Javice is trying to ditch her GPS ankle bracelet again. Loading audio narration… Javice has been free on $2 million bail since March 2025, when a federal jury in Manhattan found she used wildly inflated data to trick JPMorgan Chase into buying her student financial aid platform, Frank, for $175 million.The Miami resident has worn an ankle monitor since then as an appeal delays her seven-year fraud sentence.Defense lawyers have argued since 2024 that the ankle bracelet impacts her health and makes it difficult for Javice to work as a Pilates instructor. Her judge approved the bracelet’s removal later…

Tech companies are slashing jobs left and right, leaving many workers wondering if their role is next. Loading audio narration… In an episode of Steve Huynh’s, “A Life Engineered” podcast released Monday, Kun Chen, a former engineer at Microsoft, Meta, and Atlassian, said that only about 2% of engineers are getting outsized results from AI — and that gap could make a difference in terms of who gets left behind.”Mastering agentic engineering has proven to lead to a massive boost in productivity, but this is only achieved by a small number of developers,” Chen told Business Insider.Based on conversations with…

Rob Fisher, global head of advisory and vice chair of KPMG US, had one of the more unique responses to how he uses AI.Fisher’s background is in banking, but he now oversees tens of thousands of employees across different industries and works with clients in 11 sectors. He said that AI has been “incredible as a turbocharger” for helping him quickly get up to speed in sectors he’s less familiar with, and cutting through jargon and acronyms in documents.”I feel like I can be a better leader to people who are in parts of our business further away from where…

Private student-loan lenders have big things in store for federal borrowers. Loading audio narration… During earnings calls in late April, the leaders of major private lenders, including Sallie Mae and Navient, said that they’re ready to compete for federal borrowers once President Donald Trump’s sweeping repayment changes take effect in July.One major change is new caps on borrowing. Trump’s “big beautiful” spending legislation eliminated the Grad PLUS program, which let students borrow the full cost of attendance, and put new borrowing limits on advanced degrees. Private lenders anticipate that federal borrowers will turn to them for additional financing.”There is certainly…

Your Taco Bell drive-thru experience is getting tailored to you thanks to artificial intelligence. Loading audio narration… The fast-food chain is testing an AI-powered drive-thru menu in the US and plans to roll it out nationwide this year, parent company Yum Brands Inc. said Wednesday. The dynamic menu can change its layout, content, and visuals from car to car.CEO Chris Turner told analysts on the first-quarter earnings call that the new technology is all about “driving growth and getting a better consumer experience out there faster.”It’s part of the company’s wider plan to integrate AI across its business. For example, Kentucky…

Starbucks is planting a corporate flag in Nashville. In-N-Out is building an Eastern hub in nearby Franklin, Tennessee. And across the South, a long list of fast-food names — like Whataburger, Cava, and Jersey Mike’s — are expanding. Loading audio narration… From Texas to Florida, burgeoning and legacy fast-food companies are clustering their offices and growth bets in the region, chasing lower operating costs, easier hiring, and a customer base that’s clamoring for more options.Recruiters and consultants who work across the restaurant industry say the move has been building for years, but is now accelerating.”It’s the old adage of follow…

Paloma Partners is cutting nearly a dozen personnel, including its strategy and marketing execs, according to people familiar with the matter. Loading audio narration… The staff reductions follow a broad revamp of the multistrategy hedge fund, founded decades ago by Donald Sussman, which included a leadership overhaul, a technology and operations rebuild, and outsourcing processes to streamline the firm. Paloma, whose assets have declined in recent years amid redemption requests, completed the project in the first quarter this year, a source close to the firm said.The firm now manages about $1.1 billion, according to a March filing with the Securities…

This as-told-to essay is based on a conversation with Renee O’Drobinak, director of marketing and communications at PMKConsult, a construction and project management consulting firm based in Dubai. Her words have been edited for length and clarity. Loading audio narration… I’ve been in Dubai for about a month, and my husband and I are really enjoying the city — but the move from London couldn’t have been more dramatic.We flew Emirates and landed in a thunderstorm with heavy turbulence. I even saw lightning strike one wing. Within two hours of landing, we got our first missile alert on our phones…

Big Four firm KPMG laid off about 400 consultants in its US advisory division on Wednesday. Loading audio narration… The cuts focused on consultants in regulatory risk advisory, customer operations, and financial services, a person familiar told Business Insider. These divisions have seen slowing demand in recent months, the person said.Employees were informed of the layoffs during a call at noon on Wednesday. On Reddit, posters who said they were employees reported that they received calendar invites for the call as early as Tuesday.Russ Grote, a spokesperson for KPMG, said in a statement to Business Insider that the firm’s actions…