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Business Mail Old age is in the mind

Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all
12/07/2023

Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all

The analysis from Prime Therapeutics highlights the hefty price tag of Wegovy and other weight loss and diabetes medicines, which are also known as GLP-1s.

Jeff Bezos’ Blue Origin rocket engine explodes during testing
12/07/2023

Jeff Bezos’ Blue Origin rocket engine explodes during testing

It's a destructive setback with potential ramifications for the company's customer United Launch Alliance and Blue Origin's own rocket New Glenn.

Goldman in talks to offload Apple credit card, savings products to American Express, source says
03/07/2023

Goldman in talks to offload Apple credit card, savings products to American Express, source says

Goldman Sachs is looking to unload its Apple financial products as part of a wider retreat from its failed consumer banking initiatives.

Medicare will allow pharmaceutical companies to publicly discuss drug price negotiations
03/07/2023

Medicare will allow pharmaceutical companies to publicly discuss drug price negotiations

Drugmakers had sued the federal government, arguing that the "gag order" violated the First Amendment.

Storms, air traffic control facility delay thousands of flights
26/06/2023

Storms, air traffic control facility delay thousands of flights

The disruptions added to flight delays throughout the U.S. due to thunderstorms on Sunday.

Pfizer to end development of experimental obesity pill due to elevated liver enzymes
26/06/2023

Pfizer to end development of experimental obesity pill due to elevated liver enzymes

Pfizer's two pills are part of the same class of obesity drugs as Novo Nordisk's blockbuster weight loss injections Ozempic and Wegovy.

House committee votes to raise pilot retirement age to 67 amid aviator shortage
15/06/2023

House committee votes to raise pilot retirement age to 67 amid aviator shortage

Airlines are ramping up schedules and pilot hiring after shrinking during the Covid-19 pandemic by urging aviators to take buyouts.

Mediterranean restaurant chain Cava is going public. More restaurants could follow its lead
15/06/2023

Mediterranean restaurant chain Cava is going public. More restaurants could follow its lead

Mediterranean fast-casual chain Cava is expected to make its market debut on the New York Stock Exchange using the ticker CAVA.

Used car prices are falling as sales soften amid high interest rates
08/06/2023

Used car prices are falling as sales soften amid high interest rates

Cox Automotive reported a 2.7% decline from April to May in its used vehicle index, which tracks vehicles sold at its U.S. wholesale dealership auctions.

GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet
08/06/2023

GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet

GameStop fired its CEO and appointed Ryan Cohen as executive chairman just months after the company reported its first quarterly profit in two years.

Ford’s EV charging deal with Tesla puts pressure on GM, other rival automakers
30/05/2023

Ford’s EV charging deal with Tesla puts pressure on GM, other rival automakers

A surprise deal between Ford and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers' EV strategies.

Home price declines may be over, S&P Case-Shiller says
30/05/2023

Home price declines may be over, S&P Case-Shiller says

Nationally, home prices in March were 0.7% higher than March 2022, the S&P CoreLogic Case-Shiller Indices said.

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