Novo Nordisk CEO sees 15 million patient opportunity in Medicare coverage for obesity drugs
[ad_1] Novo Nordisk CEO Mike Doustdar on Wednesday said the company is aiming to capture around 15 million new patients, at least initially, when Medicare starts covering obesity treatments for the first time later this year. Around 67 million Americans are covered by Medicare, but “when you take a look at specifically our products and […]
Heineken to slash up to 6,000 jobs in AI ‘productivity savings’ amid slump in beer sales
[ad_1] An employee checks a Heineken beer bottle on a packaging conveyor at the Heineken NV brewery in Zoeterwoude, Netherlands. Jasper Juinen | Bloomberg | Getty Images Dutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it looks to boost efficiency through productivity savings from AI, following […]
CNBC’s UK Exchange newsletter: Compass shifts its trading to dollars — and it might not be the last
[ad_1] This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Compass is that rare beast — a British company that is a genuine world leader in its field. The world’s biggest contract caterer, which annually serves 5.5 billion meals in schools, colleges, workplaces, hospitals and sporting venues in more than […]
DC grand jury declines to indict Sens. Kelly, Slotkin for seditious conspiracy: MS Now
[ad_1] A federal grand jury in Washington, D.C., declined a request by prosecutors to indict two Democratic U.S. senators, Mark Kelly of Arizona and Michigan’s Elissa Slotkin, on charges of seditious conspiracy, MS Now reported Tuesday night. The attempted indictment of Kelly, a former U.S. Navy captain and the former CIA analyst Slotkin related to […]
Jeffrey Epstein has sparked a political crisis threatening the UK government. Here’s what’s happening
[ad_1] British Prime Minister Keir Starmer (R) talks with then-ambassador to the United States Peter Mandelson during a welcome reception at the ambassador’s residence on February 26, 2025 in Washington, DC. Carl Court | Getty Images News | Getty Images The release of further Epstein files last week triggered a series of events that left […]
UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why
[ad_1] Key Points UBS downgraded its outlook on U.S. IT stocks on Tuesday, citing lingering “software uncertainty” and increased capital expenditure. The Swiss investment bank’s move comes after a sell-off in software stocks over the past week as investors turn cautious towards the sector. UBS recommended investors diversify exposure to other sectors, including healthcare and […]
BP shares fall 5% after oil major suspends share buyback plan
[ad_1] Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying […]
‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
[ad_1] Sebastian Lai, son of Jimmy Lai speaks during a press conference outside Downing street in London on Sept. 15, 2025. Henry Nicholls | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for Hong Kong residents, calling the move an interference in its internal affairs […]
FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims
[ad_1] Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images The Food and Drug Administration said Novo Nordisk‘s TV advertisement for its newly launched Wegovy pill for obesity included […]
Cuba says international airlines can no longer refuel there as Trump turns up the pressure
[ad_1] Aerial view of Jose Marti International Airport in Havana, taken from an airplane on April 3, 2025. Yamil Lage | Afp | Getty Images The Cuban government said international airlines can no longer refuel there due to fuel shortages after U.S. President Donald Trump threatened tariffs on any country that supplies the communist country […]