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Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy.Hollie Adams | ReutersThe long-running U.S. shortage of Novo Nordisk’s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the U.S. Food and Drug Administration said Friday. The FDA’s decision will threaten the ability of compounding pharmacies to make far cheaper, unbranded versions of the injections over the next few months. Many patients relied on unapproved versions of Wegovy and Ozempic since compounding pharmacies are allowed to make versions of branded medications in short supply. Novo Nordisk’s stock closed about 5% higher…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
After amassing some 300 million players last year in a tap-to-earn bubble that made unexpected waves across the mainstream, Telegram game Hamster Kombat dropped its HMSTR token on The Open Network (TON) last September—to mostly negative reviews from recipients.And then it just sort of… disappeared. What was planned to be a couple-weeks-long “interlude” gameplay season...
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General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018.Lars Niki | Getty Images Entertainment | Getty ImagesAn “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.That volume would mark the best box office haul for the company, which specializes in high-resolution cameras, film formats, projectors and theaters.”I think it’s going to be a very strong year,” Gelfond said in an interview with CNBC’s “Squawk on the Street.” “The first thing that drives…
GameStop Chairman Ryan Cohen.CNBCGameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday.Citing people familiar with the matter, the Journal said the sizable stake in Alibaba is a bullish bet on China’s economic growth in the long run.Cohen wasn’t immediately available when CNBC reached out for comment.The news came after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment. Shares of Alibaba surged 8.1% on…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
Lawmakers in Oklahoma this week advanced a bill aimed at protecting gun rights of state-registered medical marijuana patients, although federal law still bars cannabis users from owning firearms regardless of their patient status. The Senate Committee on Public Safety unanimously passed the measure, SB 39, from Sen. Julie Daniels (R), on Wednesday with a vote...
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Fermion Protocol, a real world asset or RWA application built on Ethereum layer-2 network Base, is launching its services by fractionalizing a Dolce & Gabbana digital suit that was purchased for $1 million.The Glass Suit, part of the Italian fashion brand’s Collezione Genesi, was originally won in an auction by Boson Protocol in 2021. The...
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FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | ReutersUnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs, and clashes publicly with billionaire Bill Ackman.Those developments in recent days extend a tumultuous past year for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs in its insurance arm. UnitedHealth Group is the…
Check out the companies making headlines after the bell : Booking Holdings — The online travel company jumped 3% after fourth-quarter results surpassed analysts’ expectations. Adjusted earnings came in at $41.55 per share and revenue clocked in at $5.47 billion. Analysts were looking for $36.03 per share in earnings and $5.18 billion in revenue, per LSEG. Akamai Technologies — The cloud computing stock shed more than 6% after the company guided for first-quarter earnings and revenue estimates that were lower than what analysts had expected. In the current quarter, Akamai sees adjusted earnings coming in between $1.54 and $1.59 per…