Business
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Novo Nordisk Cuts Off Hims & Hers Over Wegovy Dispute, Putting a Spotlight on Telehealth’s Regulatory Edge
Novo Nordisk abruptly ended its partnership with Hims & Hers, citing the illegal distribution of compounded Wegovy alternatives. The fallout…
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BNY Mellon in Quiet Merger Talks with Northern Trust That Could Redefine Custody Banking
BNY Mellon has started early merger talks with Northern Trust in a possible $3 trillion custody shake-up. No deal is…
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Lilly Eyes 2025 Approval for Obesity Pill as Pivotal Phase 3 Trial Approaches
Eli Lilly’s orforglipron, a once-daily oral weight-loss pill, is set to enter a pivotal Phase 3 trial in non-diabetic obese…
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Europe Escalates Digital Sovereignty Push as U.S. Tech Risks Grow
Amid rising political uncertainty and growing unease with American data laws, Europe is doubling down on digital independence—regulating harder, spending…
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Markets Slip as Middle East Tensions Rattle Oil and Risk Appetite
Wall Street ended the week slightly down, with investors shifting into energy and defense stocks amid rising Israel–Iran tensions and…
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FCC Launches National Security Review of Cyber Trust Mark Over China Concerns
The FCC has ordered a national security review of the Cyber Trust Mark, the IoT cybersecurity labeling program, following concerns…
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EU Ready to Accept 10% Tariff Baseline in U.S. Trade Talks
The EU is preparing to accept a flat 10% tariff in trade negotiations with the U.S., marking a major shift…
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Starship Explosion at SpaceX Test Site Delays 10th Flight
A Starship upper stage exploded at SpaceX’s Boca Chica test site during a fueling test, damaging infrastructure and pushing back…
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Circle Surges Past $200 as Senate Greenlights Stablecoin Regulation
Circle Internet Group (CRCL) closed at $199.59 on June 18, soaring nearly 34% after the Senate passed the GENIUS Act.…
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Fed Holds Rates, Warns of Tariff-Driven Inflation and Slower Cuts Ahead
The Federal Reserve left rates unchanged but flagged fresh inflation risks tied to tariffs. Powell warned that projections of two…
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