Eli Lilly CEO Dave Ricks on Friday said upcoming Medicare coverage of obesity drugs could be a major catalyst for the rollout of the company's closely watched experimental weight loss pill, orforglipron.In an exclusive interview with CNBC, Ricks said Lilly expects to have Medicare coverage for the treatment "immediately following...
Category: News
Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week
A Home Depot logo is displayed at one of their stores in San Diego, Nov. 8, 2025.Kevin Carter | Getty Images News | Getty ImagesHome Depot on Wednesday laid off 800 workers and said corporate employees will have to return to the office five days per week.In a message to...
Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push
U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought.Kevin Mohatt | Kevin Lamarque | | ReutersSen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump's stated push to make credit cards...
Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, Oct. 16, 2025.Samuel Corum | Bloomberg | Getty ImagesJPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump's approach to immigration, offering a rare public rebuke by...
Novo Nordisk shares rise 8% after Wegovy obesity pill has ‘solid’ launch
A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026.George Frey | Bloomberg | Getty ImagesShares of Novo Nordisk rose more than 8% on Friday after early prescription data showed an encouraging start to the U.S. launch of the company's new GLP-1 pill...