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Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20%

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20%

The “Wegovy” brand slimming syringe is sold in the Achat pharmacy in Mitte. The “Wegovy” slimming syringe has been available in Germany for a year. Jens Kalaene | Picture Alliance | Getty Images Novo Nordisk on Monday said it is ending its collaboration with Hims & Hers due to concerns about the telehealth company’s sales […]

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20% Read More »

Major U.S. health insurers say they will streamline controversial process for approving care

Major U.S. health insurers say they will streamline controversial process for approving care

UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Health plans under major U.S. insurers said Monday they have voluntarily agreed to speed up and reduce prior authorizations – a process that is often a major pain point for patients and

Major U.S. health insurers say they will streamline controversial process for approving care Read More »

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Returns on Amazon are free and easy for shoppers, but they’re risky and expensive for the small businesses that sell a majority of the goods on the world’s biggest e-commerce site. Returns have driven some sellers to exit the popular Fulfillment by Amazon program, while others told CNBC they’d like to leave the platform altogether.

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing Read More »

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

Shares of Kroger rose about 9% on Friday as the supermarket operator raised its full-year sales outlook and said it’s drawing shoppers seeking lower-priced store brands and cheaper alternatives to dining out. The Cincinnati-based grocer said it now expects identical sales, excluding fuel, to increase by 2.25% and 3.25% year over year, higher than its

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home Read More »

FDA approves Gilead’s twice-yearly HIV prevention injection, offering a powerful and convenient new option

FDA approves Gilead’s twice-yearly HIV prevention injection, offering a powerful and convenient new option

The Food and Drug Administration on Wednesday approved Gilead’s twice-yearly antiviral injection for preventing HIV — a milestone that the company and some experts say could help bring the world closer to ending the decadeslong epidemic caused by the virus.  But the launch of the injectable drug, which will be marketed under the name Yeztugo,

FDA approves Gilead’s twice-yearly HIV prevention injection, offering a powerful and convenient new option Read More »

Nike pushes back Skims launch with Kim Kardashian due to production delays

Nike pushes back Skims launch with Kim Kardashian due to production delays

NikeSKIMS, a new brand from NIKE Inc. and SKIMS. Courtesy: NikeSKIMS Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had originally announced, because of production delays, according to a

Nike pushes back Skims launch with Kim Kardashian due to production delays Read More »

Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers

Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers

FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI’s Interim CEO Jason Droege said in a memo on Wednesday that the artificial intelligence startup is not changing course following Meta’s multibillion-dollar investment in the company last week. “Unlike some other

Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers Read More »

RFK Jr.’s new vaccine advisors will vote on flu shots containing mercury

RFK Jr.’s new vaccine advisors will vote on flu shots containing mercury

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and Secretary of Education Linda McMahon attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | Reuters A key, revamped government panel of vaccine advisors appointed by

RFK Jr.’s new vaccine advisors will vote on flu shots containing mercury Read More »

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year.

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas Read More »

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