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Novo Nordisk to Invest $4.1 Billion in New Facility in North Carolina
Novo Nordisk plans to invest $4.1 billion to build a second fill and finishing manufacturing facility in Clayton, N.C., as demand for weight-loss drugs show no signs of letting up.
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Boeing Talks to Buy Back Spirit AeroSystems Have Last-Minute Twist
The jet manufacturer has proposed using mostly stock to reacquire the supplier.
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Brookfield to Buy France’s Neoen in $6.5 Billion Deal
With the deal, Brookfield aims to bolster exposure to renewables and battery-storage technology and to accelerate Neoen’s portfolio expansion.
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Novo Nordisk’s Wegovy Weight-Loss Drug Gets Approval in China
Blockbuster obesity drug Wegovy has been approved in China, opening the door for maker Novo Nordisk to begin selling it in the world’s second-largest economy, where the appetite for similar treatments is surging.
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Airbus Sheds $15 Billion in Market Value After Slashing Guidance
Airbus shares in Paris slumped 12% after it lowered its commercial aircraft delivery goal and cut financial targets for the year due to supply-chain hurdles and an impairment related to its space activities.
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Disney’s ‘Inside Out 2’ could be the first billion-dollar movie of 2024
Disney and Pixar’s “Inside Out 2” is the highest-grossing film of 2024 and soon could be the first since Warner Bros.’ “Barbie” to surpass $1 billion globally.
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These ETFs have beaten the S&P 500 for five years and are ahead in 2024 too
The best-performing ETF had a cumulative total return of 178% compared to the S&P 500’s 112% over the past five years.
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Oracle warns that a TikTok ban would hurt business
Oracle provides cloud services to TikTok, and is warning investors that a ban of the app could hurt the company’s revenue.