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A legendary Danish coin collection will go up for sale later this year after 100 years. The auction house handling the sale says the collection is worth $72 million. The tycoon who compiled the collection stipulated it could not be sold until 100 years after his death. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the most valuable privately-owned coin collections is headed to auction later this year after spending more than a century shrouded in secrecy.
Persons: , Lars Emil Bruun Organizations: Service, Business Locations: Danish, Bruun's
Hyper-luxury golf carts that you can drive on the road
  + stars: | 2024-05-13 | by ( Jack Bantock | ) edition.cnn.com   time to read: +7 min
But one Danish company is on a mission to put the art in golf cart. “When it came to the golf cart 18 years ago, they all looked the same – there weren’t any serious high-end products out there,” Lynge told CNN. You want something that’s sort of Lamborghini-shaped – very low and wide – but the golf cart is the exact opposite.”Tiger Woods rides a conventional golf cart at a tournament in 2005. Lynge took the prize ceremony event as an opportunity to pitch a dream that would be realized in 2016 – a Garia golf car inspired by Mercedes-Benz Style. “Really expensive … super exclusive, but also the coolest golf car you’ll ever see,” Lynge said.
Persons: Anders Lynge, Soren Bak Hansen, ” Lynge, Garia, Lynge, , , Woods, Jeff Gross, Mercedes, Lars Larsen, Lynges, , we’ve Organizations: CNN, Augusta National, Garia, Bentley, Lamborghini, Kussmaul, Mercedes, Benz, US, Lars Larsen Group Locations: Turnberry, Scotland, Copenhagen, German, Europe, , London
“There’s just less dollars for consumers to spend.”The challenge for retailers now is to shake consumers out of that frugal mindset. Retail spending has increased in seven of the past 10 months through March. “If you want to convince consumers to spend you have to give them a reason to do so. Lower prices are a clear opportunity to drive people into the store or online.”It’s a lever that Walmart, he said, has pulled forever. Clothing chain H&M told analysts during its most recent earnings call that it, too, would lower prices.
Persons: Sarah Wyeth, , Chad Lusk, Alvarez, ” Wyeth, “ There’s, they’re, Zak Stambor, Stambor, Joe Raedle, ” Stambor, , ” Jesper Brodin, ” Brodin, ” Michaels, ” Ashley Buchanan, Michaels, Lars Daniel Ervér, Frida, Chuck, – CNN’s Bryan Mena Organizations: New, New York CNN —, Ikea, Shoppers, “ Retailers, CNN, Walmart, Ingka, , Cheese, Stambor Locations: New York, Hallandale Beach , Florida
Read previewDanish drugmaker Novo Nordisk will lower prices of its weight loss drug Wegovy as it plans to raise sales volumes and navigate tough competition. Prices for the blockbuster drug fell in the first quarter. Sales of Wegovy more than doubled in the first quarter year-on-year, to 9.4 billion Danish crowns, or $1.3 billion, according to the company's earnings. They did not specify how much Novo plans to cut Wegovy's prices. AdvertisementThe Danish pharmaceutical maker, which also produces viral weight loss drug Ozempic, reported better-than-expected sales of 65 billion Danish crowns, or $9.4 billion, in the first quarter.
Persons: , Karsten Munk Knudsen, Knudsen, Lars Fruergaard Jorgensen, Ozempic, Eli Lilly, Wegovy, Bernie Sanders, Goldman Sachs, Oprah Winfrey, Elon Musk, Charles Barkley Organizations: Service, Nordisk, Business Locations: Danish, Novo
It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images
Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, , Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba
Federal authorities say a "critical safety gap" in Tesla 's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and "many others" resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes in which Tesla Autopilot was thought to have been in use. Tesla's Autopilot design has "led to foreseeable misuse and avoidable crashes," the NHTSA report said. The agency also said it was opening a new probe into the effectiveness of a software update Tesla previously issued as part of a recall in December. "People are dying due to misplaced confidence in Tesla Autopilot capabilities.
Persons: Tesla, Lars Moravy, Edward J, Markey, Richard Blumenthal, Conn, Walter Huang, Elon Musk, Musk, Philip Koopman, Koopman Organizations: Tesla, Traffic, NHTSA, CNBC, NBC News, Apple, Carnegie Mellon University Locations: U.S, Mountain View , California, Snohomish County , Washington, Sens
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBNP Paribas CFO says first-quarter results confirms growth trajectoryLars Machenil, CFO of BNP Paribas, discusses the firm's first-quarter earnings and the broader banking sector.
Persons: Lars Machenil Organizations: BNP
Tesla stock surged as much as 14% on Wednesday after the company reported 1st-quarter earnings. While the company badly missed analyst estimates, Elon Musk did commit to an affordable car. "We're updating our future vehicle lineup to accelerate the launch of our low-cost vehicles," Tesla said. So, I mean, if somebody doesn't believe Tesla is going to solve autonomy, I think they should not be an investor in the company," Musk said. While Ives remained bullish on Tesla stock, he did lower his price target to $275 from $300.
Persons: Elon Musk, Tesla, , Lars Moravy, Musk, robotaxi, it's, Dan Ives, Ives Organizations: Elon, Service, Tesla, Reuters, Wall Street
The U.S. Senate has launched an investigation into the high price of Novo Nordisk 's popular weight loss and diabetes drugs Ozempic and Wegovy in the United States. "As important as these drugs are, they will not do any good for the millions of patients who cannot afford them," wrote Sanders. Wegovy, which is even more expensive than Ozempic, is subject to similarly disparate pricing overseas, wrote Sanders. The powerful progressive senator also made a simple request of the drug company CEO: "Will Novo Nordisk substantially reduce both the list price and the net price of both Ozempic and Wegovy?" He gave Novo Nordisk until May 8 to answer a series of questions about the drug's pricing.
Persons: Ozempic, Danish drugmaker, Sen, Bernie Sanders, Sanders, Lars Fruergaard Jørgensen, Jørgensen Organizations: U.S . Senate, Novo Nordisk, Vermont Independent, Health, Education, Labor, Pensions, Nordisk Locations: United States, Danish, Vermont, Canada, Germany
Lars Fruergaard Jorgensen has a problem: Too many people want what he’s selling. Even if the company isn’t quite a household name, the TV jingle for its best-selling drug — “Oh-oh-ohhh, Ozempic!” — might ring in your ears. Across the United States, Novo Nordisk’s diabetes and weight-loss drugs, Ozempic and Wegovy, have soared to celebrity status and helped make the company Europe’s most valuable public firm. Last year, when the company was celebrating its centenary, Novo Nordisk’s revenue jumped by a third, to 232 billion Danish kroner, or $33 billion. “Nobody forecast a 100-year-old company would grow more than 30 percent,” he said, seemingly torn between pride and amazement.
Persons: Lars Fruergaard Jorgensen, Jorgensen, ” Mr, , Wegovy Organizations: Novo Nordisk, Novo Nordisk’s, Nordisk Locations: Danish, United States, Copenhagen
However, if you were a fan of German soccer club Bayer Leverkusen, little changed for you over those 31 years – there was just a lot of disappointment. Since winning the German Cup in 1993, Leverkusen relentlessly explored increasingly agonizing ways of spurning chances to win trophies. The current season has already reaped rewards in the form of the Bundesliga title, with potential domestic and European competition success transforming this into a season for the ages. Everybody was on the pitch this evening, everybody was crying.”After years being the butt of the joke, Leverkusen fans could finally spin the narrative. Leverkusen fans celebrated en masse on the pitch after winning the German league title.
Persons: , David Letterman ’, Xabi, Alonso, Mike Hewitt, , Schwarzroten, ‘ You’ll, Olaf Schmidt –, , midfifelder, Jeremie Frimpong, Xabi Alonso, Lars Baron, Florian Wirtz’s wizardry, Deutscher Meister ’, ” Schmidt, , Schmidt, Andreas Rentz, ” Uwe Schewiola Organizations: CNN, Chicago Bulls, NBA, The Bulls, Bayer Leverkusen, Basque, Bundesliga, Europa League, West Ham United, Getty, Real Madrid, , Olaf Schmidt – Leverkusen, CNN Sport, Bayern, Spain, Leverkusen, Bayern Munich, Bayer, Werder Bremen, Black, Reds, FC Kaiserslautern Locations: German, Europe, Real, London, Liverpool, Bayern Munich, Real Madrid, Germany, England, Spain, Italy, Tolosa, West Ham
CNN —Bayer Leverkusen took an almighty step towards winning its first Bundesliga title after producing a stunning comeback victory on Saturday, before title rival Bayern Munich lost during an eventful day in the German top-flight. Leverkusen scored two late goals to beat Hoffenheim 2-1 and maintain its unbeaten record in the league. Later that day, Bayern Munich produced a disappointing display in a 2-0 loss to fierce rival Borussia Dortmund. However, as it has done on many occasions this season, Leverkusen struck late and equalized in the 88th minute through Robert Andrich. Bayern Munich now sits 13 points off the top of the table, with seven games remaining.
Persons: CNN — Bayer, Thomas Tuchel, , ” Patrik Schick, Lars Baron, Xabi, Maximilian Beier, Robert Andrich, Patrik Schick, ” Alonso, Alonso, Matthias Schrader, Tuchel, Harry Kane, , Joshua Kimmich, We’re Organizations: CNN, CNN — Bayer Leverkusen, Bundesliga, Bayern Munich, Leverkusen, Hoffenheim, Borussia Dortmund, Bayern, Reuters, Xabi Alonso’s, Star, Dortmund, Champions League, Arsenal, ” Bayern Locations: Bayern Munich, Liverpool, Munich
The huge rear gate of the Jordanian air force cargo plane slowly lowers like a stiff iron jaw, revealing a hazy blue sky and, far below, the battered landscape of northern Gaza. Inside the plane’s cavernous hold, the aid being delivered by the crew is lined up in neat rows: chest-high bundles of boxes stacked atop wooden pallets, each one bound by shrink-wrap and heavy straps and marked with images of Jordan’s flag. With humanitarian groups and others sounding the alarm over a looming famine in northern Gaza and hunger widespread throughout the territory, airdrops are playing a prominent role in efforts to deliver food, water and urgent supplies to Palestinians. On Thursday, the Jordanian air force allowed a photographer for The New York Times on one of its planes to observe the airdrop of bundles of aid across northern Gaza. The trip, taking off and returning from Jordan’s King Abdullah II air base, east of Amman, took several hours.
Persons: Jordan’s King Abdullah Organizations: The New York Times Locations: Jordanian, Gaza, Jordan’s, Amman
Bernie Sanders wants to make Ozempic cheaper
  + stars: | 2024-03-28 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Sen. Bernie Sanders said the price of Ozempic is "outrageously high." A recent study found that Ozempic can be made for less than $5 per month — but it costs nearly $1,000. AdvertisementSen. Bernie Sanders is outraged by the price of Ozempic — so much that he wants to meet with the CEO of its maker, pharma giant Novo Nordisk, Bloomberg reports. Related stories"A new Yale study found that Ozempic costs less than $5 a month to manufacture," Sanders said in a statement. Novo Nordisk also spent $5 billion on R&D globally in 2023, the company said.
Persons: Sen, Bernie Sanders, , Sanders, Lars Fruergaard Jørgensen, Sanders — Organizations: Novo Nordisk's, Bloomberg, Service, pharma, Novo Nordisk, Health, Education, Labor, Yale, Nordisk Locations: Novo, GLP, Canada, Germany, U.S, America
We saw them coming up a bit towards the end of the quarter, and then of course, the Red Sea crisis ... which again changed the market." Rolf Habben Jansen, CEO of Hapag-Lloyd, the world's fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. "It's a concerning situation and I think the [Red Sea] outlook is very difficult," Jansen said. In addition to the added costs, according to Sea-Intelligence, the Red Sea diversions could increase carbon dioxide emissions by 260%–354%. New ocean alliance with MaerskThe reduction in global freight and schedule reliability are headwinds ocean carriers have been facing for months.
Persons: Lloyd, Jansen, Rolf Habben Jansen, Hapag Lloyd, Hansen, it's, Lars Østergaard Nielsen, Nielsen, " Hansen Organizations: CNBC, Intelligence, EU, Trading, Maersk, Hapag, Gemini, Sea, MSC Locations: U.S, Asia, West Coast, East Coast, Gulf Coast, Red, Aden, Yemen, Africa, Europe, Suez, Panama, California
The World Food Program said that its delivery, containing food for 25,000 people, was its first since Feb. 20 to the northern part of the enclave. For five months, aid groups had been able to reach northern Gaza only by entering through one of two southern border crossings, and then attempting a difficult and hazardous drive to the north. Little aid has reached northern Gaza after major relief groups suspended operations there, citing lawlessness, poor road conditions and Israeli restrictions on convoys. The convoy included one truck full of flour and five carrying food packages. “The significance of this is that it revives the hope of continued access to northern Gaza over land,” Ms. Etefa said.
Persons: Abeer Etefa, Ms, Etefa, , Organizations: United Nations, Food Program, World Food Locations: Israel, Gaza, Be’eri
“We are not near a deal, meaning that we are not seeing both sides converging on language that can resolve the current disagreements,” Mr. al-Ansari said, without going into detail. Hamas has demanded a comprehensive cease-fire and complete Israeli withdrawal from Gaza. Mr. Mardawi said Hamas also wanted a “just deal” that would result in the exchange of Palestinians held in Israeli prisons for hostages held by militants in Gaza. The Israeli government has said it must wipe out Hamas’s military and administrative capabilities in Gaza before agreeing to end the war. “If not, Hamas will regroup, rearm and reconquer Gaza, and then we’re back to square one.
Persons: ” Israel, Majed al, Ansari, , ” Mr, Mahmoud Mardawi, Mr, Mardawi, Benjamin Netanyahu, Israel, Netanyahu, William J, Burns, Organizations: Qatari, United, Hamas, The New York Times, CNN, Senate Locations: Israel, Gaza, Qatar, Egypt, United States, Gazan, Rafah, rearm
Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company's experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity. His remarks came one day after Novo Nordisk impressed investors with early-stage trial data on amycretin. Patients on the pill lost about 13.1% of their weight after 12 weeks, Jørgensen said on CNBC's "Money Movers." That surpasses the 6% weight loss seen in those who took Wegovy after the same time period. It also adds to the growing enthusiasm around the potential of weight loss pills.
Persons: Lars Fruergaard Jørgensen, Jørgensen Organizations: Novo Nordisk Locations: Danish
To play the corpulent evil Baron Vladimir Harkonnen in "Dune: Part Two," the 72-year-old Swede spent eight hours a day in the makeup chair. When it came time to choose between wearing prosthetics or simply doing his scenes with motion-capture dots on his face, Skarsgård opted for hours in the makeup chair. AdvertisementOn doing silly takes with Robin Williams and doing stunts with F1 drivers(L-R) Robin Williams and Stellan Skarsgård in "Good Will Hunting." Is it true Robin Williams pranked you on one take during filming and suddenly started improvising and talking like Jack Nicholson and Robert De Niro? Skarsgård didn't mind that "The Girl with the Dragon Tattoo" director David Fincher wanted "25 takes" for scenes(L-R) Daniel Craig and Stellan Skarsgård in "The Girl with the Dragon Tattoo."
Persons: he's, Baron Vladimir Harkonnen, Swede, Skarsgård, Skarsgard, Skarsgåard, David Fincher, Robin Williams, Stellan, Bitt, You've, Lars von Trier, Helena Bonham Carter, Emily Watson, Lars, Von Trier, Robin Williams pranked, Jack Nicholson, Robert De Niro, Gus Van Sant, Robin, John ] Frankenheimer, Princess Di, Mia, Julia Walters, lala lala, Phyllida Lloyd —, you've, Daniel Craig, Milos Forman, Oppenheimer Organizations: Business, Warner Bros, Pirates, Miramax, Porsche, Sony, Hollywood Locations: Caribbean, Sweden, Stockholm, Helena, London,
A hot pink Barbie flip phone is launching this summer
  + stars: | 2024-02-25 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
The company behind Nokia-branded smartphones, HMD, short for Human Mobile Devices, says it is launching a Barbie flip phone this summer, in partnership with toy maker Mattel . Soon, you'll be able to get a flip phone from the blockbuster toy franchise. It won't be connected to the internet, making it a throwback to the "dumb phones" of yesteryear before smartphones became popular. The device looks like a standard flip phone with buttons rather than a touch screen, and comes in a hot pink color, resembling the iconic pink flip phone accessory that comes with many Barbie dolls. This is a step away from Nokia which is the brand HMD typically has used to sell its dumb phones and smartphones.
Persons: you'll, Lars Silberbauer, Barbie, HMD, Margot Robbie, Ryan Gosling, Will Ferrell Organizations: Mattel, Nokia, Mobile Devices, YouTube, HMD, Mobile, Microsoft Locations: U.S
Twitter staff also took to watching a social-media account that tracks Musk's planes, according to a new book about the company. Musk's jet travels made Sweeney's jet-tracking account @Elonjet more active than ever. Musk also reached out directly to Sweeney about the jet-tracking account. AdvertisementSince then, the college student has set up an account on the site that posts Musk's flight data with a 24-hour delay. The college student also posts flight data associated with other celebrities, including Taylor Swift and Mark Zuckerberg.
Persons: , Elon, Musk, Jack Sweeney —, Kurt Wagner, Wagner, Elon Musk, Sweeney, he'd, Lars Moravy, Andrej Karpathy, Parag Agrawal, Agrawal, Vijaya Gadde, Jack Dorsey, Alex Spiro, Dorsey, Taylor Swift, Mark Zuckerberg, Grimes Organizations: Service, Twitter, Bloomberg, Business, SpaceX, Tesla, Gulfstream, Super, University of Central, University of Central Florida Locations: San Francisco, Texas, California, University of Central Florida
Outside the hall, people grabbed a beer and a bratwurst before taking their seats inside, ignoring calls from the protesters down the road to come and talk. They came for an evening of conversation with the Alternative fur Deutschland (AfD), Germany’s leading far-right party. To one camp, this meeting represented a call for political change; to the other, a risk to German democracy. The AfD has officially tried to distance itself from the reports, saying it was not an official party meeting. But the AfD knows it has a struggle on its hands, as opponents of the party vow to keep protesting.
Persons: Germany’s, Adam, , Chris Stern, Bessin, Lars Hunich, Marlon, Berndt, Hans, Christoph Berndt, he’s, , Chancellor Olaf Scholz, Scholz, Nouripour, Dr Berndt, Hitler, Conspiracy, wouldn’t Organizations: CNN, Adam Sevens, , CNN Coalition of, Green, East Germany –, ” Protesters, Sevens Locations: Brandeburg, Germany, Freienthal, Netherlands, Italy, Berlin, Brandenburg, Potsdam, Brandenburg’s, Frienthal, East Germany, East Germany – Brandenburg, Thuringia, Saxony
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNovo Nordisk CEO on Q4 results, soaring demand for Wegovy and OzempicNovo Nordisk president and CEO Lars Fruergaard Jørgensen joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported better-than-expected 2023 earnings, surging demand for Wegovy and Ozempic, and more.
Persons: Lars Fruergaard Jørgensen Organizations: Novo Nordisk, Ozempic Novo Nordisk
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailObesity product competition is a 'win-win' for companies and society, Novo Nordisk CEO saysNovo Nordisk CEO Lars Fruergaard Jørgensen speaks to CNBC following blockbuster earnings from Europe's largest company, driven by soaring demand for its obesity and diabetes drugs Wegovy and Ozempic.
Persons: Lars Fruergaard Jørgensen, Wegovy Organizations: Novo Nordisk, CNBC
Read previewNew Tesla Cybertruck owners might want to wash winter road grime off their pickup as soon as possible. Manuals for other Tesla models also advise immediate removal of corrosive substances — but "to prevent damage to the paint," rather than the exterior metal itself. Road salt is one of the biggest culprits of corrosion in cars, but typically, the undercarriage is most at risk since paint can protect the body panels. Chevrolet warns salt may damage the paint of its Silverado if it remains on the exterior for extended periods of time. Of course, depending on who you ask, the Cybertruck's lack of a finish on the steel may be a feature instead of a bug.
Persons: , Tesla, Lars Moravy, Tesla's, there's Organizations: Service, Business
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