Business

After over two years of patient shortages and rampant demand, the U.S. Food and Drug Administration (FDA) has recently announced that the supply issues surrounding Novo Nordisk’s popular weight-loss injection, Wegovy, and diabetes medication, Ozempic, have been resolved. This conclusion is significant for numerous stakeholders, from pharmaceutical companies to patients and compounding pharmacies. The FDA’s
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The recent tribulations facing UnitedHealthcare, a subsidiary of UnitedHealth Group, highlight a myriad of issues that could have substantial implications for the health insurance sector and the company’s future. From a looming government investigation to internal challenges and public relations problems, the organization finds itself at the confluence of intense scrutiny and operational upheaval. A
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Nikola Corp., once a beacon of innovation and promise in the electric vehicle (EV) sector, has reached a critical juncture by filing for Chapter 11 bankruptcy protection. This decision follows the company’s inability to find a suitable buyer or secure necessary funding, prompting an auction and asset sale plan pending court approval. As Nikola ventures
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The landscape of single-family home construction is experiencing a worrying downturn, with sentiment among builders reaching a five-month low in February. This trend illuminates critical issues in the housing market that could have far-reaching implications for both the industry and prospective homebuyers. One of the most pressing concerns is the impact of tariffs on construction
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Moderna, once a poster child for biotech innovation during the pandemic, is now facing significant financial setbacks as it transitions from a Covid-19-centric model to a more diverse product portfolio. After recently reporting its fourth-quarter results, the company finds itself grappling with a substantial net loss, alongside a notable decrease in sales from its flagship
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As the larger narrative for 2025 unfolds, the restaurant industry finds itself grappling with several unfavorable conditions that have hindered its performance. The year began under challenging circumstances, including inclement weather with freezing temperatures and wildfires. These factors disrupted operations and instilled a sense of caution among consumers, leading to decreased restaurant traffic and sales
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