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Senate Begins Inquiry Into Why Ozempic and Wegovy Are So Expensive in the US

Novo Nordisk's Ozempic and Wegovy, two popular diabetes and weight-loss drugs, are pricey in the US, sparking a Senate probe.


Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann

German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.

Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling

A Tesla shareholder who successfully challenged CEO Elon Musk's massive pay package is seeking court intervention again to prevent the company from evading a Delaware court ruling.

Global Chocolate Supply Crisis Looms as 'Swollen Shoot' Virus Menaces Cacao Trees

The virus, mainly spread by mealybugs that feed on cacao trees, has resulted in substantial harvest losses, varying from 15% to 50%.


Latest News

Palo Alto Networks Is Buying IBM QRadar Cloud Security Software Assets to Expand Customer Base
This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
Apple Vision Pro Sold Out After Preorders, But Demand Could Quickly Fizzle Out, Top Analyst Warns
Apple now expects to sell 400,000 to 450,000 units in 2024, a sharp decline from earlier industry estimates of 700,000 to 800,000.
TikTok Voluntarily Suspends New App's Task and Reward Program After EU Regulators Express Concer Over Addictive Effects Among Young Users
TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.
FairPrice Singapore
FPG is rolling out savings and discounts worth over $4.5 million at its supermarkets and selected Kopitiam outlets throughout May and June, exceeding last year's offers.
AUSTRIA-ART-AUCTION-KLIMT-PRICE
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
FTC Faces Lawsuit Over Its Noncompete Clauses Ban! Can US Chamber of Commerce Stop It?
The FTC is now facing a lawsuit from the US Chamber of Commerce. Will this prevent FTC's noncompete clauses ban?
SunPower Announces Mass Layoff As It Ceases Residential Installations
SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.
After laying off thousands of employees, Spotify achieves record profits of over €1 billion ($1.1 billion), driven by podcasting, despite missing monthly user forecasts.
Tom Cotton, TikTok CEO Face Off Becomes One of the Awkward Moments in Senate Hearing With Tech CEOs
TikTok CEO Shou Zi Chew is confident that US legislators won't successfully ban TikTok in the country, following a newly approved bill that gives the app 270 days to change ownership or face ban.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
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