Business

The blockbuster diabetes drug Ozempic may have a manufacturing cost of less than $5 a month, according to a study released by researchers at Yale University, King’s College Hospital, and Doctors Without Borders. However, the list price set by Novo Nordisk in the U.S. is close to $1,000 per month before insurance. This stark difference
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McDonald’s recently announced its plan to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026. This strategic partnership will see the rollout starting in the second half of the year, with Krispy Kreme doubling its distribution to meet the demands of the collaboration. Under this exclusive agreement, McDonald’s will be the
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In the ongoing proxy battle between Trian Fund Management and Walt Disney, it has been revealed that Trian withheld its votes from CEO Bob Iger. This move, while not entirely surprising given the acrimonious nature of the battle, contradicts Trian’s proxy recommendations. Despite public statements from Nelson Peltz about wanting to work together with management
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Stellantis, a global automaker, recently announced the layoff of approximately 400 salaried employees in the U.S. This decision was made in response to what the company described as challenging market conditions. The layoffs would affect about 2% of employees in the engineering, technology, and software units, following rigorous organizational reviews. Stellantis, which employed 11,800 U.S.
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