Business

Novo Nordisk’s recent decision to offer its renowned weight-loss drug, Wegovy, via its direct-to-consumer pharmacy, NovoCare, represents a groundbreaking shift in the pharmaceutical landscape. For a cash price of just $499 a month, significantly lower than the usual $1,350, this initiative targets a substantial demographic of underinsured patients. The move acknowledges the immense strain that
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The aviation industry is undergoing a significant transformation aimed at enhancing passenger experience, particularly in first and business-class cabins. As airlines compete fiercely for affluent travelers, there is an increasing interest in high-end features such as heated or cooled seats, expansive ultra-high-definition screens, convertible beds, and, of course, exclusive privacy doors. These luxurious offerings, while
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The landscape of airline inflight services is undergoing a significant transformation, as American Airlines embarks on a trial for complimentary inflight Wi-Fi. Beginning next week, the airline will test this much-anticipated service on select routes, specifically focusing on flights between key airports such as Charlotte Douglas International Airport and Raleigh-Durham International Airport, as well as
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In a contentious Senate hearing, Jonathan McKernan faced intense scrutiny regarding his nomination to lead the Consumer Financial Protection Bureau (CFPB). Appointed by President Donald Trump, McKernan is expected to navigate a politically charged environment that has raised concerns about the future of consumer protection in the financial sector. His responses to pointed questioning, particularly
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Eli Lilly & Company, a prominent player in the pharmaceutical industry, recently announced an ambitious investment plan of at least $27 billion to establish four new manufacturing facilities across the United States. This noteworthy strategic decision reflects not only the soaring demand for its blockbuster drugs targeting weight loss and diabetes but also demonstrates the
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In a surprising turn of events, Lucid Group, the high-profile electric vehicle manufacturer, announced on Tuesday that CEO Peter Rawlinson has departed from his role, pending the company’s ambitious plans to ramp up production. Over the past twelve years, Rawlinson has been a pivotal figure in steering the company toward its current trajectory, including a
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In a recent interview, Jamie Dimon, the CEO of JPMorgan Chase, did not hold back in voicing his concerns about the inefficiencies within the U.S. government. His critique comes amid significant layoffs and restructuring under the Trump administration, aimed at streamlining federal operations, including the dissolution of key agencies like the Consumer Financial Protection Bureau.
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The biotechnology field has long been heralded as a frontier full of promise, capable of addressing some of humanity’s most pressing medical challenges. Yet, the recent audacious decline of Bluebird Bio emphasizes the intricate balance between innovation and financial viability. The company, known for its groundbreaking gene therapy developments, has been sold to private equity
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