Novo Nordisk is pulling the plug on its partnership with Hims & Hers Health over claims that the telehealth company sold fake versions of the pharmaceutical firm’s weight-loss drug, Wegovy. The Danish drugmaker said Monday that Wegovy will no longer be available on Hims & Hers and that it is ending …
Read More »The Trump Organization is debuting a Trump Mobile cellular phone service at $47.45 a month
The Trump Organization announced it is starting a cellular phone service called Trump Mobile that will charge $47.45 a month and include unlimited calls, text and data. It also plans to roll out a new $499 phone that will be built in the U.S. The new service was designed to …
Read More »Tesla’s stock regains ground following Musk spat with Trump
Tesla’s stock price rose in morning trade, regaining some of the ground it lost after an acrimonious online dispute between Elon Musk, CEO of the electric car maker, and President Trump. Tesla shares closed down 14% on Thursday following the heated exchange, with Mr. Trump threatening to strip Musk’s companies …
Read More »Stock market futures jump after court halts most Trump’s tariffs
Stock futures are jumping after a federal court late Wednesday froze most of the tariffs the Trump administration has imposed on U.S. trading partners. The U.S. Court of International Trade ruled President Trump had overstepped his legal authority in assessing a 10% levy in an April 2 barrage of tariffs …
Read More »Domino’s bets big on “checkout charity,” with a $174 million pledge to St. Jude
The world’s top-selling pizza chain finds raising big money for charity as easy as pie. Domino’s recently pledged $174 million over the next 10 years to benefit St. Jude Children’s Research Hospital, expecting the funds to come from its longstanding roundup campaign that invites customers to donate the difference between …
Read More »Early Mickey Mouse to star in at least 2 horror flicks, now that Disney copyright is over
Los Angeles — The earliest iteration of Mickey Mouse is on a rampage, barely two days in the public domain. Slashed free of Disney’s copyright as of Monday, the iconic character from “Steamboat Willie” is already the focus of two horror films. On Monday, just hours after the 1928 short …
Read More »Trader Joe’s recalls broccoli cheddar soup because it contains bugs
Trader Joe’s is recalling nearly 11,000 cases of the grocery chain’s branded soup products because they contain bugs, according to the Food and Drug Administration. The agency said in a recall notice that Trader Joe’s Unexpected Broccoli Cheddar Soup “has insects in the frozen broccoli florets.” The soup is being …
Read More »Whose name goes first on a joint tax return? Here’s what the answer says about your marriage.
When you and your spouse do your taxes every year, whose name goes first? A couple’s answer to this question can say a great deal about their beliefs and attitudes, concludes a recent paper from researchers at the University of Michigan and the U.S. Treasury Department. While American gender roles …
Read More »USPS is hiking the price of a stamp to 66 cents in July — a 32% increase since 2019
The U.S. Postal Service will soon be raising the price of its first-class stamps to 66 cents, an increase of 4.8% from its current 63 cents. The move, announced by the USPS in April, is the latest in a flurry of rate boosts that will result in the cost of a first-class …
Read More »Senate weighs bill to strip failed bank executives of pay
A bill that would take back pay from executives whose banks fail appears likely to advance in the Senate, several months after Silicon Valley Bank’s implosion rattled the tech industry and tanked financial institutions’ stocks. The Senate Banking Committee on Wednesday heard the bipartisan proposal, co-sponsored by Sens. Sherrod Brown …
Read More »