Business

Wednesday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Wednesday’s business headlines with Jane King.

Eli Lilly earnings report

Eli Lilly had a strong second quarter and the stock jumped.

It beat earnings and will spin off the animal health unit in its own IPO.

Lilly stock hit the highest level this year on the report.

Walmart Instapot

The Instapot was one of the most popular items for sale during Amazon’s Prime Day last week.

But if you didn’t get one, Walmart has you covered.

It’s offering an even bigger discount than Amazon – the six quart version is on sale for $49.

Walmart’s deal ends Wednesday

Apple apology

Apple apologizes for the Macbook Pro throttling bug and has released a software fix.

Some Macbook Pro users say their computers would slow down when they got too hot.

The company says customers can expect the 15-inch Pro to be up to 70 percent faster.

JetBlue fuel

JetBlue says higher fuel costs are hurting its bottom line.

The airline said it will trim growth in the second half of the year, something other airlines have don as oil prices rise.

JetBlue said its fuel costs, its largest expense, increased more than 50 percent in the the three months ended in June.

Other airlines say they will raise fares to pay for higher fuel costs.

MORE STORIES

LIKE US ON FACEBOOK