Novo Nordisk’s ousting of longtime CEO Lars Fruergaard Jørgensen bemused analysts, with many questioning the future of the Wegovy obesity drug maker.
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Novo Nordisk’s future in doubt after Wegovy maker’s ‘surprise’ CEO ouster
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Chinese businesses stick to diversifying away from the U.S. despite trade truce, survey shows
Vessels carrying shipping containers sail near Kwai Tsing Container Terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | Reuters The intense trade war with the U.S. has left lasting scars on Chinese exporters with many looking to diversify away from the U.S., despite the temporary tariff reprieves, a private survey found. Based on […]
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Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, Reuters reports
Headquarter building of the Nippon Steel corporation in Japan on January 7, 2025. David Mareuil | Anadolu | Getty Images Nippon Steel plans to invest $14 billion in U.S. Steel’s operations, including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with […]
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Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
U.S. births rose by 1% in 2024, with 3.6 million births recorded for the year, according to the CDC’s National Center for Health Statistics. SAN DIEGO, CALIFORNIA – OCTOBER 26: A woman pushes a stroller while walking along the La Jolla coastline at sunset on October, 2024 in San Diego, California. (Photo by Kevin Carter/Getty […]
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