Industry

Wegovy Maker Novo Nordisk Dismisses Fears of Falling Behind Eli

Wegovy Maker Novo Nordisk Dismisses Fears of Falling Behind Eli Lilly, Sees Strong Growth Ahead

Novo Nordisk reassures investors with strong growth forecasts, rising GLP-1 drug demand, and promising new treatments despite market challenges.


Elon Musk's X Debt Gets Trimmed as Banks Sell $5.5 Billion to Investors

Banks have sold $5.5 billion of debt linked to Elon Musk's X, reducing financial strain as investor confidence grows despite challenges.

Fox Announces Upcoming Subscription Streaming Service

Fox announces plans to launch a subscription streaming service by the end of 2025, featuring sports and news content.

Walmart to Cut Hundreds of Jobs and Close North Carolina Office in Major Restructure

Walmart Restructures, Cuts Jobs, Closes North Carolina Office, and Offers Relocation Options


Latest News

US-OIL-MARKETS-WORLD
Oil prices remain high, supported by colder weather and geopolitical factors, with Brent at $76.73 and WTI at $74.19, as demand rises and sanctions tighten supply.
US-LOGISTICS-TRADE-STRIKE-PORT
The International Longshoremen's Association is threatening a strike on January 15 over automation and pay disparity, seeking fair compensation despite a proposed wage hike.
40 Million Expected To Travel Through U.S. Airports Over Holidays
Delta Air Lines led North America in punctuality for 2024 with 83.46% on-time arrivals, marking its fourth consecutive year of operational excellence.
BRITAIN-AVIATION-AIRSHOW
Following recent crashes, the FAA urges Boeing to prioritize safety and quality over profits, demanding a cultural shift for improvement.
Nike To Layoff 2 Percent Of Workforce, About 1,700 Positions
Nike CEO Elliott Hill outlined a recovery plan to address declining revenue and profit by refocusing on sports, repairing wholesale relationships, and reducing heavy promotions.
BELGIUM-ECONOMY-MARKETS-BITCOIN
Bitcoin's rise to $107,000 has led luxury brands like Printemps and S.T. Dupont to adopt cryptocurrency payments to attract younger, tech-savvy consumers.
Donald Trump And J.D. Vance Hold Campaign Rally In Atlanta
Global M&A deal values hit $3.1 trillion in 2024, driven by low interest rates and post-pandemic recovery, with Trump's potential policies sparking both hope and uncertainty.
TURKEY-ECONOMY-MARKETS-CURRENCY-BITCOIN
Bitcoin reached a new high above $106,000 as investors anticipate a Federal Reserve interest rate cut, with Ethereum and the broader crypto market also seeing gains.
US-DIPLOMACY-TECHNOLOGY-AI-CLIMATE-ENVIRONMENT
OpenAI revealed Elon Musk's 2017 push for a for-profit model, highlighting disagreements over control that led to his exit and ongoing legal battles.
President-Elect Donald Trump Attends FOX Nation's Patriot Awards
Despite the disruptive effects of Trump's upcoming tariffs on many industries, sectors like technology, financial services, healthcare, energy, and entertainment will remain largely unaffected.
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