The antidiabetic drug “Ozempic” (semaglutide) from the Danish pharmaceutical company Novo Nordisk. Joel Saget | AFP | Getty Images The US Senate has launched an investigation into the high price Novo NordiskPopular weight loss and diabetes medications, Ozempic and Wegovy, are available in the United States. The investigation into the Danish drugmaker was announced by…
FTC Chairwoman Lina Khan testifies during a budget hearing of the House Energy and Commerce Subcommittee on Innovation, Data and Commerce on April 18, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The U.S. Chamber of Commerce and several other business groups sued the Federal Trade Commission in federal court in Texas on…
US President Joe Biden delivers remarks on the Australia-United Kingdom-United States Partnership (AUKUS) while Prime Minister Rishi Sunak of the United Kingdom and Prime Minister Anthony Albanese of Australia at Naval Base Point Loma in San Diego, California, USA, participate. Tayfun Coskun | Anadolu Agency | Getty Images The trilateral defense and security pact between…
Oracle’s top lobbyist in Washington met privately with Senate staffers this spring about the company’s data-sharing agreement with TikTok, following the passage of a bill in the House of Representatives in mid-March that would effectively ban the social media app in the United States could. Oracle acts as a data center for US TikTok users….
US Secretary of State Antony Blinken (l) and China’s Foreign Minister Qin Gang shake hands before a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023. Leah Millis | AFP | Getty Images US Secretary of State Antony Blinken will warn China about its support for the Russian military during his visit…
President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation Summit in San Francisco in November. Saul Loeb | Afp | Getty Images President Joe Biden is calling on the U.S. Trade Representative to triple China’s tariff on steel and aluminum imports as he…
Former President Donald Trump arrives at Manhattan Criminal Court with his legal team before the start of jury selection on Monday, April 15, 2024, in New York, NY. Jabin Botsford | Via Reuters Editor’s Note: This is developing news. Check back for updates. On Monday, prosecutors asked a New York judge to punish Donald Trump…
Iranians attend a funeral procession in Tehran held for seven members of the Islamic Revolutionary Guard Corps who were killed in an attack in Syria. Hossein Beris | Afp | Getty Images Western diplomats have increased pressure on China to prevent Iran from escalating tensions in the Middle East with a direct retaliatory strike against…
U.S. President Joe Biden attends a bilateral meeting with Chinese President Xi Jinping at the Filoli Estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Woodside, California, United States, November 15, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters The Biden administration this week sent several signals of a toughened U.S. economic strategy…
A portrait of Jeff Yass. Photo: Eddie Malluk Inside one of the largest options trading firms in the world sits a little-known charitable foundation that has quietly donated tens of millions of dollars to influence federal policy, education and legislation. The company and foundation are twin ventures of major Republican donor Jeff Yass and a…
