Pfizer's twice-daily weight loss pill joins a long list of obesity drug flops
Before successful weight loss treatments such as Wegovy and Ozempic, the pharmaceutical path to treating obesity was strewn with failures dating back decades.
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Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
Exxon Mobil CEO Darren Woods on Saturday said the "problem statement" that countries need to focus on at the COP28 climate summit is reducing emissions.
Amazon broke federal labor law by calling Staten Island union organizers 'thugs,' interrogating workers
Amazon retaliated against employees for their union activities at a Staten Island warehouse, a National Labor Relations Board judge ruled
Uber shares pop on inclusion in S&P 500
Uber is joining the S&P 500 after the ride-hailing company generated almost $1 billion in profit in the past four quarters.
Panera Bread files to go public again through IPO
JAB Holding took Panera Bread private in 2017 for $7.5 billion.
Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects
Pfizer said it still plans to release phase two trial data on a once-a-day version of its weight loss drug, known as danuglipron, in the first half of 2024.
Fed Chair Powell calls talk of cutting rates 'premature' and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
The move is a surprise from Amazon, given the company's Kuiper system aims to compete with Elon Musk's Starlink in the satellite broadband market.
Southwest, pilots union near a preliminary labor deal, the last of the major U.S. airlines
The new contract will likely include significant pay raises as well as improvements to retirement benefits and scheduling.
Sandra Day O'Connor, first woman on Supreme Court, dies at 93
Sandra Day O'Connor, who died from complications of advanced dementia, was the first of six women to serve on the Supreme Court.
Rep. George Santos expelled from Congress for corruption, cutting GOP majority
Rep. George Santos, R-N.Y., has been charged with federal crimes related to his campaign finances.
Bill Gates shares his ‘big hope’ for COP28 as world leaders gather for climate talks
Bill Gates on Friday said he was "definitely glass half-full" when it comes to preventing the worst of what the climate crisis has in store.
Trump not immune from Capitol riot lawsuits, appeals court rules, opening door to monetary damages
Donald Trump, the former president, is seeking a second White House term as he faces four criminal cases and several civil lawsuits that threaten his wallet.
'You barely knew what we were actually selling': Gap CEO Richard Dickson on the brand's heavy discount strategy
"People thought when I left: 'you're crazy,'" he said of leaving toy company Mattel for Gap in August, during the "Barbie" movie's blockbuster run.
Elon Musk hypes Tesla Cybertruck at deliveries event in Austin
Tesla previously aimed to sell its base model Cybertruck for about $40,000 but on Thursday revealed the base model will cost around $61,000.
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
Federal Reserve Chairman Jerome Powell speaks Friday to an audience at Spelman College in Atlanta.
Federal judge blocks Montana's TikTok ban, which would have been the first of its kind
A federal judge in Montana has blocked a law that would have resulted in a state-wide ban of TikTok starting on Jan. 1, 2024.
Read Linda Yaccarino’s message to X employees about Elon Musk's controversial DealBook interview
X CEO Linda Yaccarino sent a memo to employees that characterized Elon Musk's recent controversial interview as "candid" and "profound."
Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs
The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand.
Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen for $10 billion
Shares of other biotech companies developing ADCs, which are among the hottest areas in the pharmaceutical industry, jumped on the news of the buyout.
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