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Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%

Business News

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the company races […]

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10% Read More »

PVL: Cess Robles feels ‘no pressure’ stepping up for Chery Tiggo

PVL: Cess Robles feels ‘no pressure’ stepping up for Chery Tiggo

Sports News

Chery Tiggo’s Cess Robles tries to score against Nxled’s defense in the PVL All-Filipino Conference.–PVL PHOTO MANILA, Philippines — Cess Robles has been a revelation for Chery Tiggo in the 2024-25 PVL All-Filipino Conference. Robles poured in 15 points as Chery Tiggo bounced back with a 26-24, 25-15, 25-18 win over winless Nxled and improved

PVL: Cess Robles feels ‘no pressure’ stepping up for Chery Tiggo Read More »

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Business News

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25%

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada Read More »

Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models

Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models

Crypto News

Fidelity Investments’ Director of Global Macro, Jurrien Timmer, continues to provide insightful frameworks for understanding Bitcoin’s valuation and growth. In a recent update, Timmer shared his take on Bitcoin’s adoption and value trajectories, illustrated by detailed charts that reflect both historical trends and hypothetical scenarios. Timmer’s models aim to simplify Bitcoin’s complex growth dynamics, bridging

Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models Read More »

Senate report slams airlines for raking in billions in seat fees

Senate report slams airlines for raking in billions in seat fees

Business News

A Delta Air Lines cabin. Leslie Josephs/CNBC A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American, Delta, United, Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in “preferred” locations

Senate report slams airlines for raking in billions in seat fees Read More »

Gilas coach Tim Cone pokes fun at injured Dwight Ramos’ benching

Gilas coach Tim Cone pokes fun at injured Dwight Ramos’ benching

Sports News

Gilas Pilipinas’ Dwight Ramos on the bench during a game against Hong Kong in the Fiba Asia Cup Qualifiers at Mall of Asia Arena.–MARLO CUETO/INQUIRER.net MANILA, Philippines—Gilas Pilipinas coach Tim Cone humorously addressed Dwight Ramos’ benching in the blowout victory over Hong Kong in the second window of the 2025 Fiba Asia Cup Qualifiers on

Gilas coach Tim Cone pokes fun at injured Dwight Ramos’ benching Read More »

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Business News

A Best Buy store in Woodbridge, Virginia, on May 21, 2024. Nathan Howard | Bloomberg | Getty Images Best Buy on Tuesday cut its full-year sales forecast as it missed Wall Street’s quarterly revenue expectations and a fresh batch of iPhones and AI-enabled laptops weren’t enough to drive higher sales. The consumer electronics retailer said

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics Read More »

Abercrombie expects a strong holiday quarter as growth run continues

Abercrombie expects a strong holiday quarter as growth run continues

Business News

An Abercrombie & Fitch store stands in midtown Manhattan on October 24, 2024 in New York City.  Spencer Platt | Getty Images Abercrombie & Fitch isn’t giving up its crown any time soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter

Abercrombie expects a strong holiday quarter as growth run continues Read More »

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