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Axsome Therapeutics launches antidepressant in crowded market, route to success shaded by lack of communication

by Randi Love | Nov 28, 2022

Antidepressant drugs have been on the market since the 1950s, but Axsome Therapeutics is betting its new treatment will have a major impact on patients and doctors. In late October, the company launched Auvelity, a prescription-only, fast-acting, oral medication aimed...

Meta’s Social Media Business is Hurting — Can Reels Fix Falling Revenue?

by David Westenhaver | Nov 22, 2022

By David Westenhaver Nathan Friehofer has a half-million followers on Instagram, where he shares comedy and weightlifting videos. His page includes sponsored posts for protein powders and McDonald’s. He regularly racks up hundreds of thousands of views on...

Ahead of Kellogg’s Split, the Outlook for Its Cereal Business Doesn’t Look Gr-r-reat

by Brianna Monsanto | Nov 22, 2022

For the past seven years, Dan Goubert has spent his free time writing over 600 reviews on cereals from various companies for his blog, Cerealously. As a self-professed cereal addict, Goubert feels as though legacy brand Kellogg has not been performing as well as it...

Dr. CVS is Coming, But the Company Will Face Crowded Competition to Build It

by James O'Donnell | Nov 21, 2022

By James O’Donnell For JP Weiss, a pharmacy technician at a CVS store in California, he’s seen first hand that business has been booming for the healthcare giant. What he’s less confident about is whether CVS is setting up its stores and employees to...

Meta Bids on Virtual Reality for Daily Life—Customers Don’t Think So

by Ana Teresa Solá | Nov 21, 2022

Andrew Litt, a video game enthusiast based in New Jersey, is drawn to virtual reality. When he saw the Meta Quest 2 headset available on Facebook Marketplace for $150, he could not resist the deal. But after two weeks, using the headset for hours each day, it was...

New to the ad game, Netflix banks on international edge to help it cash in

by Vita Dadoo | Nov 21, 2022

By: Vita Dadoo During Netflix’s third quarter earnings call this October, analysts had their sights set on the future of streaming – with ads. Following the announcement of its ad-supported tier, analysts were eager to learn about its impact in The United States....