Wall Street is wondering what impact weight-loss drugs will have on consumer giants, but it may be too early to tell.

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Delta Air Lines, Pepsi, Philip Morris International and Darden Restaurants are among companies facing questions about the impact of GLP-1 on their bottom lines. In the United States, only a fraction of obese people currently take a GLP-1. That figure could rise to 13% by the end of the decade, creating a $100 billion market, …

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FTC plans to hire child psychologist to guide internet rules

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Monkeybusinessimages | Istock | Getty Images The Federal Trade Commission plans to hire at least one child psychologist who can guide its work on Internet regulation, Democratic Commissioner Alvaro Bedoya told The Record in an interview published Monday. FTC Chair Lina Khan supports the project, Bedoya told the outlet, adding that he hopes it can …

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CVS to Remove Some Cold Medicines Containing Decongestant Phenylephrine From Store Shelves

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CVS is voluntarily removing some of the most common cough and cold medications from its store shelves and will no longer sell them, a company spokesperson told CNBC Thursday. The company’s decision comes a month after a panel of FDA advisers unanimously determined that the main ingredient used in many over-the-counter cold and allergy medications …

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