(Bloomberg) — Drugs used for weight loss like Ozempic pose a real risk to companies ranging from fast food restaurants to cigarette makers, and credit market prices don’t fully reflect the potential downside, according to a report from Barclays strategists.
Celsius Network LLC customers whose assets have been trapped on the failed crypto lender’s platform questioned the firm’s acting chief executive officer about fluctuations in the company’s native token and its plans to partially repay creditors with stock in a new Bitcoin mining business.
The criminal trial of former Celsius Network Ltd. Chief Executive Officer Alex Mashinsky has been scheduled for Sept. 17, 2024.
Zoom Video Communications Inc. is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Microsoft Corp.’s Teams.
Bitcoin retreated from a six-week peak after a jump in bond yields dented demand for riskier investments.
South African cities could reduce the electricity outages hobbling its economy by installing water heaters powered by artificial intelligence, a 30-month study has shown.
It’s not easy to take on Google’s search engine. Just ask the startups that have tried.
Elon Musk was hit with a defamation suit accusing him of promoting a conspiracy theory falsely identifying a California man as a federal agent posing as a neo-Nazi street brawler for a “false flag” government operation.
Taiwan Semiconductor Manufacturing Co.’s stock has lost more value than any other in Asia since mid-June as investors brace for prolonged weakness in the chip sector. The rout may not be over.
Krispy Kreme Inc. is weighing an all-cash sale of Insomnia Cookies to focus on its core doughnut business.
