Business

Tuesday’s business headlines

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

Alzheimer’s drug

An experimental Alzheimer’s drug from Eli Lilly and Company helped patients in a small trial.

Lilly says the drug slowed the decline in memory and ability to perform activities of daily living by 32% after 18months among people who recieved the therapy compared with those who got a placebo.

Lilly shares soared on the news.

Moderna data

Moderna has already begin a study testing the vaccine in adolescents as young as 12, and CEO Stephanie Bancel expects that study will be done by the time the fall semester starts in September.

It expects to start a study for young children between ages 1 and 11 “soon,” but Bancel said that study will take “much longer.”

Moderna’s vaccine has been authorized by the FDA for use in people who are 18 years old and older.

Chipotle

Chipotle is going an a hiring spree.

It is holding a nationwide hiring event Thursday in an effort to fill 15,000 roles as it expands operations.

During Chipotle’s coast to coast career day, participating restaurants across the country will interview interested applicants while adhering to COVID-19 safety protocols.

CES products

The Consumer Electronics Show is underway.

Samsung is among the giants introducing new products.

It unveiled a custom refrigerator with color changing doors and artificial intelligence controlled ice maker.

MORE STORIES