business news

Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.

The U.S. Senate has launched an investigation into the high price of Novo Nordisk‘s popular weight loss and diabetes drugs…

U.S. Chamber of Commerce, business groups sue FTC over ban on noncompete clauses

The U.S. Chamber of Commerce and several other business groups on Wednesday sued the Federal Trade Commission in Texas federal…

Biden signs Israel, Ukraine, TikTok bill into law

President Joe Biden on Wednesday signed into law measures to provide aid to Israel, Ukraine and Taiwan, as well as…

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House…

Why the Fed keeping rates higher for longer may not be such a bad thing

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…

Klarna scores major payment deal with Uber ahead of hotly anticipated IPO 

Klarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant’s Uber and Uber Eats…

Biden issues new rules for airlines to require automatic cash refunds, prohibit surprise fees

The Biden administration on Wednesday unveiled two new rules that will directly affect millions of Americans who fly commercially every…