Today in News History

On June 23, several notable moments in the history of News stand out. In 1907, James Meade, English economist and academic, Nobel Prize laureate (died 1995) was born. In 1925, Art Modell, American businessman (died 2012) was born. In 1929, Mario Ghella, Italian racing cyclist (died 2020) was born. In 1930, Francis Newall, 2nd Baron Newall, English businessman and politician was born. In 1961, LaSalle Thompson, American basketball player, coach, and manager was born. In 1965, Sylvia Mathews Burwell, American government and non-profit executive was born. In 1969, IBM announces that effective January 1970 it will price its software and services separately from hardware thus creating the modern software industry. In 1995, Jonas Salk, American biologist and physician (born 1914) passed away. In 2012, James Durbin, English economist and statistician (born 1923) passed away. In 2014, The last of Syria's declared chemical weapons are shipped out for destruction. Together, these milestones provide historical context for today's news news and ongoing narratives.

How Eli Lilly’s CEO Plans to Defeat Pharma’s Boom-Bust Cycle

Bloomberg

June 23, 2026

lean left

How Eli Lilly’s CEO Plans to Defeat Pharma’s Boom-Bust Cycle

When Dave Ricks became chief executive officer of Eli Lilly Co. in 2017, he was facing an industry under siege. Americans held drug companies in lower esteem than airlines, law firms and even the federal government. President Donald Trump, then starting his first term, was excoriating them for their high prices. A mounting number of reports showed that soaring costs were even forcing some diabetics to ration insulin. Ricks, the 11th CEO in Lilly’s 150-year history, concedes that one was a public-relations nightmare. Almost a decade later, the mood at Lilly has shifted dramatically. The company’s hit diabetes shot, Mounjaro, and obesity shot, Zepbound, have transformed its fortunes and, in many ways, its public image. We speak with Madison Muller, Bloomberg News Healthcare Reporter, for a closer look. (Source: Bloomberg)

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