Latest in Billion Obesity
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Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - 16h -
Marriage triples risk of obesity in men – but not women, study reveals
Polish research also finds increased risk of both sexes being overweight if married. Marriage triples the risk of obesity for men, but does not affect women, according to research.. Global obesity ...The Guardian - 7h -
China’s obesity crisis is big business
Pharmaceutical groups are rushing to dominate market that will grow to 900mn people by 2030Financial Times - 1h -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 10h -
Hikma races to launch generic versions of blockbuster obesity drugs
Pharma group looks to take advantage as Wegovy and Ozempic start to go off patent next yearFinancial Times - 4d -
Novo Nordisk shares fall on latest trial results for new obesity drug
Participants with type 2 diabetes had an average weight loss of 15.7 per cent after 68 weeks on CagriSemaFinancial Times - 2d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 2d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 10h -
'Pokémon Go' sells to Culver City-based Scopely in $3.5 billion deal
Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.Los Angeles Times - 9h -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 2d -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - 1d -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 5d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 2d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1d -
Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - 17h -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - 2h -
Novo Nordisk cuts Wegovy prices, following similar move by Zepbound-maker Eli Lilly
Makers of the popular obesity treatments Wegovy and Zepbound are cutting prices for people without insuranceABC News - Mar. 5 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 2d -
Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal
Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...GameSpot - 17h -
Weight Loss Drug Will Be Offered for $499 a Month for Some Patients
Some commercially insured patients stand to save $150 per month on Wegovy, a popular obesity medication. Patients on Medicare and Medicaid are not eligible.The New York Times - Mar. 5 -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 5d -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - 4d -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 3d -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 2d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 1d -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 1d -
Trump Administration Claws Back $20 Billion in Climate Project Funds
After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.Inc. - 11h -
Why astronaut Suni Williams runs in space: a 14-billion-year odyssey
Suni Williams' eight-day mission turned into a nine-month marathon. Now the astronaut is days away from leaving the International Space Station and returning to Earth.ESPN - 12h -
EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - 13h -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 12h -
Apple and Nvidia led Monday’s $750 billion tech wreck. How to play the aftermath.
Trump’s policy moves are causing angst. But one analyst says the broader AI thesis is still intact, and he names Tesla and Microsoft among big potential winners.MarketWatch - 2d -
China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - 2d -
Trump vows to take ‘hundreds of billions’ in tariffs as Australia’s hopes of getting exemption fades
Australia unlikely to escape US president’s global steel and aluminium tariffs despite intense lobbying to be carved out. Follow our Australia news live blog for latest updates Get our ...The Guardian - 2d -
From Maid to Mortgage Mogul: How Patty Arvielo Built a Billion-Dollar Lending Empire
Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.Inc. - 1d -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 16h -
Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 13h -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 3d -
Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - 6d