Investors bet on obesity drugs before without much success. Why this next wave could be different

Investors bet on obesity drugs before without much success. Why this next wave could be different



New obesity treatments are helping patients lose 15% or more of their body weight, and changing attitudes could expand access to treatments.



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Hormuz disruptions hit China’s Christmas capital — and holiday spending
Business

Hormuz disruptions hit China’s Christmas capital — and holiday spending

Christmas is still eight months away, but artificial tree maker Lou Liping is already worried about a bad holiday season due to the Iran war. Lou’s company, Kitty Christmas Factory, has been making artificial trees for the U.S. and European markets for nearly three decades. Her facility is based in the city of Yiwu, known […]

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How Trump’s psychedelics executive order could unlock stalled cannabis reform
Business

How Trump’s psychedelics executive order could unlock stalled cannabis reform

Advocates attend a news conference about the “impact of incarcerating those charged with marijuana-related offenses,” and policy reform ideas, outside the U.S. Capitol on April 20, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A White House executive order on psychedelics, signed by President Donald Trump on Saturday, aims to speed up research […]

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Rivian’s factory damaged by tornado amid crucial R2 EV launch
Business

Rivian’s factory damaged by tornado amid crucial R2 EV launch

A view shows a second-generation R1S at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024. Joel Angel Juarez | Reuters A tornado damaged part of Rivian Automotive‘s factory in central Illinois over the weekend, according to a message sent to employees Sunday night by CEO RJ Scaringe that was viewed […]

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