Business

Friday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.

Eli Lilly & Co.

Eli Lilly & Company has received the FDA’s Breakthrough Therapy designation for Donanemab, an investigational antibody therapy for Alzheimer’s disease.

The announcement follows a Phase 2 trial that studied the safety and effectiveness of the drug in patients with early, symptomatic Alzheimer’s disease.

The drug targets a beta-amyloid protein in the brain but still needs additional FDA approval before it is prescribed.

Carnival Cruise lines

Carnival said its booking volumes on future cruises were up by 45% on a quarter-over-quarter basis.

Carnival also said its cumulative advanced bookings for 2022 are ahead of its 2019 bookings.

Due to several outbreaks aboard cruise ships in 2020, the cruise industry was one of the last sectors allowed to resume operations.

Amazon

The Teamsters voted in favor of a resolution to make “building worker power at Amazon and helping those workers achieve a union contract,” a main priority. Under the resolution, called “the Amazon Project,” Teamsters would fully fund the effort, which would include eventually creating a special Amazon division to aid workers.

Teamsters said that 1,562 delegates out of 1,632 representing more than 500 local unions voted in favor of the resolution.

Amazon declined to comment on the matter.

Air conditioners

The proliferation of air conditioning units is outpacing supply, shipping delays are rippling down the supply chain, resulting in a lack of inventory for components.

On distributor says waits for air conditioners are six to eight weeks.

Meanwhile, as more office buildings reopen following coronavirus shutdowns, the need to replace units that have been dormant for the past year – or to upgrade cleaner air alternatives in a post-COVID world – is putting more strain on supplies.

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