'Stop ripping us off': Novo Nordisk CEO defends weight loss drug pricing during Senate grilling
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NBC News - Top stories
Ozempic CEO agrees to discuss lower prices for blockbuster weight loss drugs
Is Ozempic and Wegovy maker Novo Nordisk helping Americans save taxpayer money or ripping them off? The company's CEO testified on Capitol Hill Tuesday.1 hour ago -
CNBC - Business
'Stop ripping us off': Senate grills Novo Nordisk CEO on weight loss drug pricing
Sen. Bernie Sanders argues that Novo Nordisk charges Americans substantially higher prices for its drugs than it does for patients in other countries.1 hour ago -
CNBC - Business
U.S. Steel CEO defends planned sale to Japan's Nippon, believes deal will close on its merits
U.S. Steel CEO David Burritt said the sale to Nippon would strengthen national, economic and job security.1 hour ago -
CBS News - Top stories
Ozempic, Wegovy maker grilled by Bernie Sanders-led committee over high prices
The Senate Health, Education, Labor and Pension committee, led by Vermont Sen. Bernie Sanders, is hearing testimony from Novo Nordisk CEO Lars Fruergaard Jørgensen on the exhortative prices for ...2 hours ago -
CNBC - Business
Healthy Returns: Weight loss drug Wegovy could face Medicare price negotiations next
Novo Nordisk's weight loss drug Wegovy could face Medicare price negotiations next. Meanwhile, Particle Health files an antitrust suit against Epic Systems.3 hours ago -
MarketWatch - Business
Novo Nordisk CEO spars with lawmakers over Ozempic, Wegovy prices
The CEO of Novo Nordisk faced pointed questions about the cost of Ozempic and Wegovy on Capitol Hill Tuesday, as lawmakers pressed the Danish pharmaceutical giant to cut the prices of its ...4 hours ago -
The Hill - Politics
Watch live: Senate HELP committee grills Novo Nordisk on weight loss drug pricing
Sen. Bernie Sanders (I-Vt.), chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, is set to grill Novo Nordisk CEO Lars Jorgenson Tuesday morning over prices on the ...7 hours ago -
CBS News - Top stories
CEO of company of popular weight loss drugs to face Senate questions over high costs in U.S.
Senior investigative consumer correspondent Anna Werner looked into the high prices of weight loss drugs in the U.S. as research shows Americans pay far more for some of the popular drugs compared ...7 hours ago -
CBS News - Top stories
Ozempic maker to testify before Senate committee on weight loss drug prices
Novo Nordisk CEO Lars Fruergaard Jørgensen is testifying before the Senate Health, Education, Labor and Pension committee on Tuesday.7 hours ago -
The Hill - Politics
Novo CEO to blame drug middlemen
Presented by Prevent Cancer Foundation — The CEO of Novo Nordisk will testify in the Senate HELP Committee tomorrow about the cost of popular diabetes and weight loss drugs Ozempic and Wegovy. ...23 hours ago -
VentureBeat - Tech
OpenAI CEO Sam Altman anticipates superintelligence soon, defends AI in rare personal blog post
In a manifesto, OpenAI CEO Sam Altman said deep learning and AI can solve the climate crisis and other remaining societal problems.Yesterday -
ABC News - Sports
Miscues and late stops by the Chiefs lead to another Falcons loss
The Atlanta Falcons had plenty of opportunities to beat Kansas City but miscues and trouble converting on third down helped the Chiefs hold on for a narrow 22-17 victoryYesterday - NFL -
Financial Times - World
Novo Nordisk faces US Senate grilling over price of weight loss drugs
Senator Bernie Sanders accuses Ozempic and Wegovy maker of ‘ripping off’ AmericansYesterday -
The New York Times - Top stories
Drugs, Sex, Baby Oil: The ‘Freak-Offs’ at the Core of Sean Combs’s Troubles
Prosecutors say the sexual encounters in hotel rooms were coercive and abusive and are the heart of their sex trafficking case. The music mogul’s lawyers call them consensual.Yesterday -
BBC News - Top stories
Rayner defends using donor's New York flat for holiday
The deputy PM says she was "transparent" in declaring her use of the New York apartment for a holiday.2 days ago - New York -
CBS News - Top stories
As weight loss drugs explode in popularity, are online marketplaces safe?
Weight loss drugs are exploding in popularity, with 1 in 8 Americans saying they have tried medications like Ozempic and Wegovy to tackle everything from diabetes to weight loss, among other ...3 days ago -
CNBC - Business
FTC sues drug middlemen for allegedly inflating insulin prices
The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.3 days ago -
CBS News - Top stories
Inside the thriving market for alternatives to brand-name weight loss drugs
High demand for weight-loss and diabetes drugs like Ozempic and Wegovy has led to a shortage in manufacturing. In the meantime, a market for cheaper, compounded drugs thrives.3 days ago -
NBC News - Top stories
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices.3 days ago -
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The Hill - Politics
FTC sues three largest drug middlemen for allegedly inflating insulin prices
The Federal Trade Commission (FTC) on Friday sued the three largest pharmacy benefit managers (PBMs) for engaging in alleged anticompetitive practices that boosted profits while “artificially” ...4 days ago -
The New York Times - Health
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
The case takes aim at the major pharmacy benefit managers, agency officials said, claiming that they favored more expensive insulin products and forced patients to pay more.4 days ago -
Financial Times - Business
US drug ‘gatekeepers’ face FTC antitrust lawsuit over insulin prices
Complaint alleges pharmacy benefit managers owned by CVS, Cigna and UnitedHealth are keeping prices high4 days ago -
ABC News - Top stories
Small town South Carolina officer wounded in shooting during traffic stop
State police in South Carolina say they found a man who shot and wounded a small town police officer during a traffic stop4 days ago -
The Wall Street Journal - Business
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.4 days ago -
The Wall Street Journal - Business
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.4 days ago -
The Guardian - World
If US Senators are openly Islamophobic, what hope is there? | Representative Ilhan Omar
Senator Kennedy’s remarks were just the tip of the iceberg. It is incumbent upon all of us to call out hate speech when we see it. On Tuesday, Senator John Kennedy told the only Muslim American ...4 days ago -
The Wall Street Journal - Business
The Price War in Weight-Loss Drugs Is Here
Novo Nordisk and Eli Lilly are offering discounts to encourage more insurance coverage of the medicines, which carry price tags of over $1,000 a month.4 days ago -
The Wall Street Journal - Business
Disney to Stop Using Slack Following Hack That Exposed Company Data
The company said in a memo that most of its businesses would stop using the tool by the end of this year.5 days ago