Tag: Business

Amgen wants in on the booming weight loss drug market — and it's taking a different approach

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[ad_1] The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Images Amgen is taking a new approach as it tries to stand out in a crowded field of drugmakers racing to develop the next blockbuster weight loss drug. The biotech company is testing an injectable treatment that helps people lose weight differently from the existing injections from Novo Nordisk and Eli Lilly, and other obesity medicines in development. Amgen’s treatment, called MariTide, also appears to help patients keep weight…

Trump says 'I love Truth Social' one day after DWAC stock plunges on social media merger vote

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[ad_1] Zoom In IconArrows pointing outwards Chart for price of shares in Digital World Acquisition Corp. in days leading up to and including shareholder approval of merger with Donald Trump’s social media company. CNBC Donald Trump on Saturday told his many online followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great after a sharp drop in price the day before. The shell company Digital World Acquisition Corp. saw its share price plunge nearly 14%…

SpaceX hit with new NLRB complaint over severance agreements, dispute resolution rules

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[ad_1] The SpaceX logo is shown on a Falcon 9 rocket as it is prepared for launch to carry NASA’s SpaceX Crew-8 astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps, and Roscosmos cosmonaut Alexander Grebenkin to the International Space Station at the Kennedy Space Center, in Cape Canaveral, Florida, U.S., March 2, 2024. Joe Skipper | Reuters The National Labor Relations Board accused SpaceX in a new complaint of entering into unlawful severance agreements with terminated employees nationwide. The unfair labor practices complaint comes two months after SpaceX filed a…

Apple’s Antitrust Battle: 5 Years of Disruptions Ahead

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[ad_1] Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Also Read :KKR vs SRH, IPL 2024: March Madness Spotlights a Sport Relegated to Pittsburgh’s Shadows: Basketball The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multiyear process involving hundreds of lawyers and threatening Apple’s “walled garden” business model. If the DOJ wins, it could seek a range of changes to Apple’s business, and U.S. officials didn’t rule out…