Yahoo Finance Novo, Lilly Tumble After Study Ties Blindness Disorder To Weight-Loss Drugs
Novo Nordisk stock skidded Wednesday after a new study suggests its diabetes and weight-loss drug can lead to a blindness-causing disease.
Novo Nordisk stock skidded Wednesday after a new study suggests its diabetes and weight-loss drug can lead to a blindness-causing disease.
Richy Marchandise said it's a huge win-win for him and customers.
Hjgh winds, flooding and blackouts are expected, as the powerful storm regains hurricane strength.
France’s far-right National Rally projected to slip into third place
All the hand-wringing about a far-right victory in France looks to have been premature, with polls suggesting the leftist New Popular Front alliance gained the most seats, though well short of a majority. Polling agencies - which are generally accurate - forecast the left would get 184-198 seats in the 577-seat assembly, with President Emmanuel Macron's centrist alliance at 160-169 and Marine Le Pen's nationalist, eurosceptic National Rally (RN) and its allies on 135-143. The crunch will come in the autumn when the new government has to present the 2025 budget, and analysts suspect it will do little to address France's fiscal deficit and a debt load worth 112% of GDP.
STORY: There might just be some hope for Japan’s underpaid workers - though figures out Monday painted a complicated picture. Real wages - that’s adjusted for inflation - fell for a record 26th month in May. However, average base pay actually rose at its fastest pace in 31 years. Economists say that’s a sign that big pay hikes agreed by companies in annual labor negotiations are filtering through to workers. Base pay jumped an average 2.5% on the year - the biggest number since early 1993, around the time Japan’s bubble economy burst. One economist told Reuters that the figure for real wages should also soon start rising. Factors driving the upturn include worsening labor shortages. That has seen wage hikes at all but the smallest firms outpacing inflation for the first time in 26 months. The Bank of Japan will be studying the numbers very carefully. Governor Kazuo Ueda has said he wants to see evidence that pay hikes are boosting inflation before he raises rates again. Reuters sources say a report from the bank later this month will say that pay increases are spreading - suggesting another move on rates could be approaching.
Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday boosted by a highly anticipated report on the job market. The euro climbed above $1.08, while the gains were tempered by the surprising results of the French parliamentary elections. The left-wing New Popular Front has won the most seats in the 2024 French legislative election, beating back a far-right surge but failing to win a majority.
(Bloomberg) -- Paramount Global, the parent of CBS and MTV, agreed to merge with Skydance Media, handing control of a major Hollywood studio to independent producer David Ellison and ending one of the messiest and most dramatic merger deals in recent history.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French El
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Boeing’s 737 Max is a more fuel-efficient version of the American aerospace company’s popular 737, the best-selling airliner ever. Airlines have flown Max jets for just seven years, but in that short time two of them crashed, killing 346 people, and the plane has become a symbol of safety concerns swirling around Boeing. August 2011: Boeing announces the Max, a 737 with larger engines, instead of designing a new plane to compete with the A320neo from rival Airbus.
Families of the people who died on the flights five years ago have criticised it as a "sweetheart deal".
The victim suffered head injuries in the brutal assault
The Sea Eagles have a big decision to make. Read more here.
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The news comes as several party leaders in the House reportedly said they think the president should end his campaign.
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The Swiss market experienced fluctuations recently, closing on a weaker note last Friday despite an early boost from positive consumer confidence data. As investors navigate through uncertain times, highlighted by the upcoming French election, understanding the underlying strength of growth companies with high insider ownership could provide a clearer perspective on potential resilience and commitment in such conditions.
Despite recent fluctuations in the Swiss market, with a cautious downturn noted on Friday influenced by international political events and local economic data, investors continue to seek stable returns amidst uncertainty. In this context, dividend stocks remain appealing for their potential to offer consistent income, particularly when consumer confidence shows signs of resilience and modest improvements are observed in economic indicators.