The United States will impose tariffs on countries that “harm” America, President Donald Trump announced, naming China, India, and Brazil as examples of high-tariff nations. Speaking to House Republicans at a retreat in Florida, Trump said, “We’re going to put tariffs on outside countries and outside people that really mean harm to us. Well, they…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Thursday markets: Stocks are taking a breather after Wednesday’s big surge, especially in the Nasdaq Composite and the more narrow “Magnificent Seven” cohort. The yield on…
Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump’s pick to be the nation’s top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. “The first line of response should be lifestyle. It should be eating well, making sure you that you don’t…
As U.S. markets experience a slight pullback with the S&P 500 and Nasdaq Composite shedding some recent gains, investors are closely watching for opportunities amid fluctuating indices. For those looking to invest in smaller or newer companies, penny stocks—despite the name’s vintage feel—can still offer surprising value. These stocks, often overlooked, can present compelling opportunities…
A banner hanging from on overpass along the southbound lane of I-83 that says, “Deny Defend Depose Health Care 4 All.” Lloyd Fox | Baltimore Sun | Tribune News Service | Getty Images Major insurance stocks have fallen more than 6% since their closing prices last Tuesday, the day before the deadly shooting of Brian…
Christopher D. Anderson, MD, MSc, chief of the Division of Stroke and Cerebrovascular Diseases at Brigham and Women’s Hospital and associate neurologist in the Department of Neurology and Center for Genomic Medicine at Massachusetts General Hospital, is the corresponding author and Jonathan Rosand, MD, MSc, co-founder of the McCance Center for Brain Health and neurologist…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jonathan Zhu, Co-head of Asia Private Equity at Bain Capital says China’s tech sector playing field is still large despite increasingly tight restrictions. Source link
AstraZeneca disclosed Wednesday that Leon Wang, a high-ranking executive who oversees international operations and is also president of its subsidiary in China, is under investigation by Chinese authorities. The company added that it will cooperate, if asked to do so. The move comes after authorities recently detained Eva Yin, a former AstraZeneca executive who is…
The office building of biopharmaceutical company AstraZeneca is being seen in Shanghai, China, on May 23, 2024. Nurphoto | Getty Images AstraZeneca‘s China president is under investigation and is cooperating with Chinese authorities, the company said on Wednesday, sending shares down as much as 5.3%. It was not immediately clear whether the executive Leon Wang…