Business

Novo Nordisk Cuts Wegovy Price Amid Obesity Drug Competition

Novo Nordisk (NOVOb.CO) announced on Wednesday that it will begin selling its weight-loss drug Wegovy at a discounted price of $499 per month for...

Nippon Steel Resumes US Steel Bid Despite Trump Opposition

Nippon Steel is reigniting its pursuit to acquire iconic American steelmaker US Steel, despite President Donald Trump’s recent statements opposing foreign ownership. Trump declared...

Warner Bros Discovery Eyes Streaming Profit Surge in 2024

Warner Bros Discovery (WBD) expects its streaming profits to double this year, setting an ambitious target of at least 150 million subscribers by 2026....

BP Shifts Focus Back to Oil & Gas, Cuts Renewable Investment

BP announced a major strategic shift on Wednesday, cutting planned investment in renewable energy by over $5 billion and increasing annual spending on oil...

Unilever Ousts CEO Hein Schumacher in Surprise Shakeup

Unilever's (ULVR.L) board, including billionaire activist investor Nelson Peltz, made a unified decision to remove CEO Hein Schumacher, less than two years after his...

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