Novo Nordisk and Lilly Push GLP-1 Obesity Pills Toward Medicare Coverage
Novo Nordisk and Lilly unveiled competing GLP-1 obesity pills at ADA, with Medicare coverage set to expand to about $50 per month from July 1.
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Airline CEOs Warn Fuel Pressures Trim Profits Amid Strong Summer Bookings
At IATA’s annual gathering, airline chiefs warned surging fuel costs are eroding profits, even as demand stays resilient.
Kennedy Center Removes Trump Name From Building After Court Deadline
The Kennedy Center completed removing President Donald Trump’s name from its façade hours after a court-ordered deadline, ending months of controversy over branding and...
TSMC Signals Inflation Pressures May Lead to Price Rises, But Cfo Keeps Door Open
TSMC says inflation is increasing costs and does not rule out price rises, as it expands manufacturing outside Taiwan while insisting the most advanced...
Anthropic Suspends New AI Tools Over US Government Security Concerns
Anthropic has suspended its powerful AI models Claude Fable 5 and Mythos 5 following U.S. security concerns and a government order restricting access.
JPMorgan to Roll Out More Powerful AI Agents This Year, Bank Says
JPMorgan Chase plans to deploy AI agents later this year capable of autonomous operation for extended periods, signaling a shift from single-task tools to...
Can Smartphones Help Explain the Drop in Birth Rates?
A new working paper argues that smartphones, following the 2007 iPhone launch, may explain a sizable portion of the decline in birth rates by...
Elon Musk Becomes World’s First Trillionaire On Wave Of SpaceX Debut
Elon Musk has reached unicorn-status in the wealth world, becoming the first trillionaire as SpaceX’s market debut pushes his fortune past $1 trillion.
Rivian Bets R2 SUV to Convert Broad Market Contact Into a Household Name
Rivian launches the R2, moving an entry model forward to next summer and targeting mass-market appeal to rival Tesla and legacy brands.
New Candy Stores Pop Up Across NYC Amid Tightening Wallets
New candy stores are opening across NYC as retailers capitalize on affordable indulgences amid inflation and uncertain consumer sentiment.