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The tower of the historic Boersen stock exchange collapses as the building is on fire in central Copenhagen, Denmark on April 16, 2024. A fire broke out on Tuesday at Denmark's 400-year-old historic stock exchange building, engulfing its iconic dragon-tail spire which collapsed onto the roof. Videos and images from the scene on Tuesday morning showed a violent fire engulfing the stock exchange building, or Boersen, which had been undergoing renovation work. "Terrible pictures from the Stock Exchange. "An iconic building that means a lot to all of us, I think."
Persons: Troels Lund Poulsen, Poulsen Organizations: Reuters, Notre, Dame Cathedral, Denmark's, Stock Exchange Locations: Copenhagen, Denmark, Paris
Sales of some Eli Lilly drugs — including its best-selling product last year — appear to be softening, according to Wall Street analysts. JPMorgan flagged similar trends for Trulicity, which led all Lilly drugs with $7.13 billion in sales for all of 2023. The thesis is predicated on Eli Lilly growing faster than the broader pharmaceutical industry for years to come. Over the past three years, shares of Eli Lilly have soared nearly 300%, compared with a 24% gain for the S & P 500 . A box of the drug trulicity, made by Eli Lilly Pharmaceutical, sits on a counter at a pharmacy in Provo, Utah, January 9, 2020.
Persons: Eli Lilly, Wells, Lilly, Mounjaro, Jim Cramer, tirzepatide, Zepbound, Eli Lilly's, Novo, Wegovy, drugmaker, Jim Cramer's, Jim, Eli Lilly Pharmaceutical, George Frey Organizations: Wall Street, JPMorgan, Club, Novo Nordisk, Novo, BMO Capital Markets, Drug Administration, FDA, The Club, CNBC Locations: Wells Fargo, Trulicity, Tirzepatide, Danish, Lilly, Provo , Utah
A “climate-controlled” sausage. New trousers labeled “recycled.” A “sustainable” airline ticket. More and more, big brands are using taglines like these to cater to their green-minded customers. And more and more, they are under fire from courts and regulators for making climate promises they can’t keep. Researchers at the Grantham Research Institute on Climate Change and the Environment last year identified “an explosion of ‘climate-washing’ cases,” using existing national laws and regulations.
Organizations: Grantham Research, Danish Crown, Markets Authority Locations: Grantham, Denmark, Britain
Swedish Tesla workers say they are still on strike, contradicting Elon Musk's statements. The strike, led by the IF Metall union, has attracted solidarity from unions across Scandinavia. AdvertisementSwedish Tesla workers say they're still very much on strike — despite Elon Musk's claims to the contrary. The Swedish workers want to force a collective agreement on Tesla, which would allow workers to negotiate things like compensation. AdvertisementAfter the IF Metall union walked out last year, several other unions, including labor groups in nearby countries like Denmark, Norway, and Finland, joined in solidarity.
Persons: Elon, Musk, , Elon Musk's, Jesper Pettersson, Tesla, Pettersson, Danish dockworkers Organizations: IF Metall, Service, Reuters, Tesla, Danish, Business Locations: Scandinavia, Swedish, Sweden, Denmark, Norway, Finland
Ramakrishnan shares his perspectives on the realities of aging, death and immortality. Nobel Prize-winning molecular biologist Venki Ramakrishnan offers his perspective on aging, death and immortality. But biologists don’t believe that aging and death are programmed in the sense that a fertilized egg is programmed to develop into a human being. Larger animals tend to live longer. CNN: What are the societal costs of the quest to cheat aging and death, particularly inequities?
Persons: Harper Collins, Nobel, Venki Ramakrishnan, Venki, they’ve, Jeanne Calment, Dolly, I’m, it’s, Don’t, Steven Johnson, we’re, we’d, It’s, Jessica DuLong, Organizations: CNN, Aging Locations: French, Brooklyn , New York
Mark Smucker, the CEO of J. M. Smucker Company, said the company is a meritocracy. Smucker, a fifth-generation leader, worked outside the company and got a graduate degree before joining. Family members must work outside the company and preferably hold a graduate degree. AdvertisementThe CEO said he was not always keen to join the family business as a child. "One is that you've got to work outside the company no matter what.
Persons: Mark Smucker, , Smucker's, Orville, Smucker, Fortune, William & Mary, you've, Richard, Richard Smucker, Thomas Kirk Organizations: Smucker, Service, William &, Arizona State, Brightstar Capital Partners, New York Magazine Locations: Orville , Ohio, Alabama, Argentina, South America, Danish
CNN —Denmark has closed one of the world’s busiest shipping lanes over an activated but malfunctioning missile launcher on a Danish navy ship, the country’s military said Thursday. The Niels Juel ship is stationed in Denmark’s Great Belt strait, the main maritime gateway to the Baltic Sea. “Until the booster is disabled, there is a risk that the missile could launch and fly several kilometers away,” it said. The missile is not in the direction of the Great Belt Bridge. The air space in the area is also currently closed, the military said.
Persons: Niels Juel Organizations: CNN —, Naval Locations: CNN — Denmark, Danish, Baltic
Weight-loss drugs like Ozempic, Wegovy, and Mounjaro are all the rage, and investors are noticing. Since launching in November, the Tema Obesity and Cardiometabolic ETF (HRTS) is up 24%, crushing the S&P 500's 14.8% returns over the same period. Pot and his colleagues at Tema are bullish on the weight-loss drug stocks due to the wave of demand they see coming. Novo Nordisk estimates that only 2% of obesity cases are being treated by weight-loss drugs, Pot said. 4 weight-loss drug stocks to watchPot listed two larger stocks and two smaller ones in the space.
Persons: Maurits Pot, Janus Henderson, Pot, Goldman Sachs, Geoff Meacham, Charles Barkley, Elon Musk, Whoopi Goldberg, Eli Lilly, Lilly Organizations: VanEck Pharmaceutical, Business, World Health Organization, Novo Nordisk, Bank of America, Bank, Nordisk, FDA, Amazon, Therapeutics, Zealand Pharma Locations: Tema, GLP, Danish, it's
The military said that only the booster was activated, not the engine that takes over after launch, and not the warhead, so the missile could not travel far and the warhead could not detonate. The missile test on Thursday was conducted aboard a frigate, the Niels Juel, in the port of Korsør, which sits beside the Great Belt. The Great Belt is the strait between Denmark’s two largest islands, Zealand and Funen, and is part of the main shipping route between the North Sea and the Baltic Sea. “From those I have spoken to in the Navy, they are taking it very calmly,” said Søren Nørby, an assistant professor at the Norwegian Defense Academy. If it goes off, there is about 52 kilograms of metal object flying and falling down.”
Persons: Flemming Lentfer, Niels Juel, , Søren Nørby Organizations: Navy, Norwegian Defense Academy, Locations: U.S, Yemen, Korsør, Zealand, Funen, Baltic
Faulty missile launcher closes busy Danish sea lane
  + stars: | 2024-04-04 | by ( ) www.cnbc.com   time to read: +1 min
An activated but faulty missile launcher on a Danish navy vessel triggered a closure of airspace and shipping traffic in the Great Belt strait on Thursday, the Danish armed forces said. Denmark's National Maritime Authority had earlier warned ships not to sail through the Great Belt strait, one of the world's busiest sea lanes and the main maritime access to the Baltic Sea, due to the risk of "falling missile fragments". "The problem occurred during a mandatory test where the missile launcher is activated and cannot be deactivated," the military said in a statement. "Until the missile launcher is deactivated, there is a risk that the missile can fire and fly a few kilometres away," the military added. The warning covered an area some four kilometres (2.5 miles)south of the Great Belt bridge, which crosses the strait.
Persons: Iver Huitfeldt Organizations: Royal Danish Navy, Naval Base, Maritime Authority Locations: Korsoer, Denmark, Danish, Baltic
Secrets of a Danish Castle
  + stars: | 2024-04-01 | by ( Finn-Olaf Jones | Charlotte De La Fuente | ) www.nytimes.com   time to read: +1 min
My first conscious memory occurred on the lower landing of a staircase that spiraled up four floors of the 14th-century, moat-encircled Gjorslev castle in Denmark. And now, five decades later, I’m standing on the same spot, this time with a statuesque Danish woman in stylish Japanese casual wear. “This is roasted and steamed tea from Korea,” Mette Marie Kjaer tells me, offering a pleasant cup of miso-tinged brew. Ms. Kjaer runs her Asian tea company, Sing Tehus, from a rented wing of the castle, offering tea ceremonies and yoga retreats while maintaining Gjorslev’s status as the oldest continuously inhabited building in Scandinavia. After half a century of benign neglect following my grandfather’s departure, the castle is hosting not just yoga and tea events, but arts festivals, medieval fairs and even a summer musical theater in its courtyard.
Persons: Edward Tesdorpf, ” Mette Marie Kjaer, Kjaer, Sing Locations: Gjorslev, Denmark, Danish, Korea, Scandinavia
Read previewThe crew of the container ship that crashed into the Baltimore bridge five days ago are still trapped on board the stricken vessel, a report says. The crew, all Indian nationals, are likely continuing to work to maintain the ship as they remain stranded, the Times said. The container ship Dali collided with a key bridge in Baltimore on Tuesday. Those onshore have devised inventive ways to contact the crew members who do not have consistent internet access on board. AdvertisementThe crew members seem to be faring well, given the circumstances.
Persons: , Dali, Francis Scott Key, Michael A, McCoy, Wes Moore, Chris James, James, Joshua Messick, Andrew Middleton, I've, Grace Ocean Organizations: Service, Business, The New York Times, Times, Washington Post, Getty, Synergy, National Transportation Safety Board, Coast Guard, Baltimore International, Maersk Locations: Baltimore, Patapsco, Singapore, Danish, Colombo, Sri Lanka
StreamTimeLive StreamTimeLive StreamTimeLiveAround the same time, numerous audible alarms were recorded on the ship’s bridge audio. The Dali container vessel after striking the Francis Scott Key Bridge. “Once you get here, I’ll go grab the workers on the Key Bridge and then stop the outer loop,” an officer said. When the Key Bridge was built decades ago, container ships were a fraction of the size and weight they are today. Miguel Luna, a native of El Salvador, was also working on the Key Bridge.
Persons: Francis Scott Key, , Jayme Krause, Nick Mosby, “ I’ve, Andy Middleton, Middleton, Dali, Marcel Muise, Scott Cowan, Baltimore –, Clay Diamond, Muise, Wes Moore, Diamond, ” Diamond, Al Drago, we’ve, , Cowan, Jim Watson, Starr Smith, ’ ” Smith, Smith, ” Smith, ” John Zimmerman, They’re ‘, Maynor Yassir Suazo Sandoval, Miguel Luna, Dorlian Castillo Cabrera, Pima Castillo, Alejandro Hernandez Fuentes, Castillo, Alejandro Hernandez, Carlos Hernandez, Carlos Hernandez’s, Jazmin Alvarez, Hernández, Isabel Franco, Jose Mynor Lopez, Franco, Lilly Ordonez, Lopez, ” Rafael Laveaga, Holly Yan, Maria Santana, Melissa Alonso, Allison Gordon, Emma Tucker, Tina Burnside, Alex Stambaugh, Abel Alvarado, Aditi Sangal, Danny Freeman, Caroll Alvarado, Amy Simonson, Mary Kay Mallonee, Yahya Abou, Sabrina Souza, AnneClaire Stapleton, Antoinette Radford, Dakin Andone, Curt Devine, Casey Tolan, Isabelle Chapman, Elizabeth Wolfe, Lauren Mascarenhas, Elise Hammond, Gloria Pazmino, Alex Medeiros Organizations: CNN, Evening Sun, Bethlehem Steel, Eiffel, American, Maryland State Police, Sea Catholic, Walmart, National Transportation Safety, Chesapeake Bay, Longshoremen’s Association, Maryland Transportation Authority, American Pilots Association, , ” Maryland Gov, Bloomberg, Getty Images Transportation Authority, US Coast Guard, “ Dispatch, Police, Getty, Maryland, CASA, Brawner Builders, Univision, Authorities, Mexican Embassy Locations: Maryland, Fort McHenry, Sparrows Point, Baltimore, Patapsco, Port of Baltimore, India, Singapore, Baltimoreans, Sri Lanka, South Africa, Yemen, Red, Dali, MarineTraffic, ” Maryland, There’s, AFP, Middleton, Honduras, El Salvador, Mexico, Guatemala, Santa Bárbara, America, Dundalk, he’s, Mexican, Michoacan, Washington’s
More than 40,000 out of well over 70,000 reservations for the Fisker Ocean have been canceled to date, according to internal company metrics viewed by Business Insider. The reservation cancellations pose an issue for the company, representing potential sales slipping away during a time when the company desperately needs to generate more revenue. The company said a reservation "will hold your approximate spot in our order queue to purchase your Fisker EV." Related storiesThe company also has a few thousand order cancellations, according to the data viewed by BI, which are different than reservations and not fully refundable. The Fisker CEO and Danish car designer's previous startup, Fisker Automotive, filed for bankruptcy protection in 2013.
Persons: , Fisker, Henrik Fisker's Organizations: Service, Business, BI, Fisker Automotive
The others were presumed dead, and officials said search efforts had been exhausted. Investigators on Wednesday began collecting evidence from the vessel that struck the Francis Scott Key Bridge the previous day. U.S. Coast Guard Rear Admiral Shannon Gilreath said authorities had been informed that the ship was going to undergo the maintenance. "We were informed that they were going to conduct routine engine maintenance on it while it was in port. Video showed the ship moving at what Maryland's governor said was about 9 mph (15 kph) toward the 1.6-mile (2.6-kilometer) bridge.
Persons: Francis Scott Key, Roland L, Butler Jr, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, Wes Moore, Shannon Gilreath, Jennifer Homendy, Homendy, Moore, Watson, Pete Buttigieg, Biden, Buttigieg, Gilreath Organizations: Fire, Bloomberg, Getty, U.S . Coast Guard, Maryland State Police, Maryland Gov, . Coast Guard, National Transportation Safety Board, Coast Guard, Homeland Security, Associated Press, Synergy Marine Group, Grace Ocean Private Ltd, White House, Transportation, World Association, Transport Infrastructure Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, Maryland, Mexico, Guatemala, Dundalk , Maryland, Honduras, El Salvador, Sri Lanka, Singapore, Port, Germany, Japan, United Kingdom, Windward, Annapolis
Marine insurance companies will be on the hook for much of the costs. These insurance companies are backed by insurance companies of their own – a type of business known as a reinsurer. The potential cost of insurance claims from the bridge collapse could be between $1 billion and $3 billion, analysts at Barclays wrote in a note Wednesday. “But other than that, the economic impact of what has happened will be enormous, but not recoverable from the ship,” Davies said. Maryland lawmakers, meanwhile, are drafting an emergency bill to provide income replacement for Port of Baltimore workers impacted by the bridge collapse.
Persons: Baltimore’s Francis Scott Key, , John Miklus, Dali, Brendan Holmes, Miklus, Loretta Worters, Worters, Martin Davies, ” Davies, Joe Biden, Francis Scott Key, it’s, ” Biden, Scott Olson, Davies, Bill Ferguson Organizations: New, New York CNN, American Institute of Marine Underwriters, , Barclays, Grace Ocean, Britannia, Indemnity, International Group, International, CNN, Insurance, Costa, Maritime Law Center, Tulane University, “ Maersk, Federal Highway Administration, Infrastructure Investment, Jobs, Biden, . Workers, Robins, Repair, Port, Maryland Locations: New York, Singapore, Costa Concordia, Italy, Danish, Baltimore , Maryland, Maryland, Baltimore
The blockbuster diabetes drug Ozempic could be manufactured for less than $5 a month, even as Novo Nordisk charges close to $1,000 per month for the injection in the U.S. before insurance, a study released Wednesday suggests. The study also comes after years of political pressure on Novo Nordisk and other drugmakers to slash high costs of diabetes care, especially insulin. Ozempic can generally be produced for less than various forms of insulin, according to the study published in JAMA Network Open. Novo Nordisk's list price for a monthly package of Ozempic is $935.77 before insurance and other rebates. In a statement on Wednesday, Novo Nordisk declined to provide production costs for Ozempic and its weight loss drug counterpart Wegovy.
Organizations: Nordisk, Yale University, King's College Hospital, Novo Nordisk, JAMA, Ozempic, University of Liverpool Locations: U.S, London
CNN —The UN World Happiness Report released last week ranked Denmark the world’s second happiest country for a sixth consecutive year. But that would mean you probably don’t understand the Danish way of thinking. The Happiness Report then takes an average of the numbers given by those surveyed in each nation across the last three years. An 80-year old Danish relative of mine thinks it’s why the older generation came out on top in this year’s happiness report. Join us on Twitter and FacebookWhich brings me back to the World Happiness Report and consistently being runner up to Finland.
Persons: Emma Firth, Emma Firth Galyna Baz, Jessica Joelle Alexander, Iben Dissing Sandahl, , Danes, , Denmark, Finland’s, Catarina Lachmund, Santa Claus, Lachmund, “ I’m, lexicographers, they’ll Organizations: CNN, Gallup, Happiness Research, Twitter, Facebook Locations: Denmark, Finland, United States, ” Finland, Lapland, “ Denmark, Danish, Scandinavia
A South California police department has been editing Lego heads onto suspects to protect their identity. AdvertisementA Southern California police department has found itself in trouble with Lego after it started editing the toy company's famous yellow heads onto criminal suspects. Screenshots show Lego faces edited onto suspects and posted to the Murrieta PD's Instagram page. The department may now have to turn to its stash of Barbie and Shrek faces, which also appear on the Instagram page, to protect suspects' anonymity. "Do they want people, who are being paid with their tax dollars, be paid to put Lego faces on people so it can be shown on social media?
Persons: , Bill, Jeremy Durrant, " Durrant, Corey Jackson, Jackson Organizations: Service, Southern, Police, Murrieta Police Department, Lego, Fox News Digital, California Assembly, Associated Press Locations: California, Danish, Southern California, Murrieta, Los Angeles
CNN —For sale: A brand new luxury electric SUV for the holy-grail price of $25,000. The California-based electric SUV company Fisker faces a real possibility of bankruptcy, and its stock is hovering just over 2 cents a share, far below its 2021 peak of $28.50. Prices for Fisker’s Ocean SUV have been cut by as much 39%. His video was titled, “This is the Worst Car I’ve Ever Reviewed.”“Do not buy this version of the Fisker Ocean,” reads the video’s description. Fisker has said that problems with early versions of the vehicles’ software caused some of the negative responses.
Persons: hasn’t, Marques Brownlee, , Fisker, Henrik Fisker Organizations: CNN, American YouTube, Consumer, Magna Steyr, Magna Locations: California, American, Danish, United States, Europe, Austria
The ship that struck a key bridge on Tuesday was reported to have an issue with its propulsion in June. The Dali lost propulsion on Tuesday, but it's unclear if this was related to the June issue. AdvertisementThe 984-foot container vessel that lost power and crashed into the Francis Scott Key Bridge on Tuesday had issues with its propulsion system just months before, records show. AdvertisementClay Diamond, the executive director of the American Pilots' Association, told The Washington Post that the Dali lost power at around 1:20 a.m., around eight minutes before the crash. AdvertisementThe Francis Scott Key Bridge was Baltimore's biggest bridge, and the loss of such critical infrastructure will likely cause supply chain issues across multiple industries.
Persons: Dali, , Francis Scott Key, Wes Moore, it's, Clay Diamond, Diamond, We've, BI's Dominic Reuter, BI's Erin Snodgrass Organizations: Service, Port Authority, Synergy Marine, American Pilots ' Association, Washington Post, USA, REUTERS Authorities, Business, Maryland Transport Authority, Port, Maersk Locations: Singapore, Patapsco, Baltimore, Maryland, Asia Pacific, San Antonio, Chile, Harford County, Antwerp, Port, Port of Baltimore, Danish, Copenhagen
The Biden administration greenlit the seventh large offshore wind project in the United States Tuesday. Danish wind energy developer Ørsted and the utility Eversource plan to build a 924-megawatt project, Sunrise Wind, 30 miles (48 kilometers) east of Montauk, New York. This month, the companies opened the nation's first commercial-scale offshore wind farm. They announced their financial commitment to the Sunrise Wind project when the Interior Department issued its decision. The Biden administration wants enough offshore wind energy to power 10 million homes by 2030.
Persons: greenlit, Ørsted, Chuck Schumer, Biden, Deb Haaland Organizations: Biden, Interior Department, U.S, Sunrise, Associated Press Locations: United, Montauk , New York, York, Montauk, Fork, AP.org
Read previewA container ship crashed into a major bridge in Baltimore early Tuesday, causing its collapse into the Patapsco River. Baltimore first responders called the situation a "developing mass casualty event" and a "dire emergency," per The Associated Press. pic.twitter.com/ipoTR2HljY — Harford Co., MD Fire & EMS (@HarforCoFireEMS) March 26, 2024The vessel is the Dali, a Singapore-flagged container ship about 984 feet long, and 157 feet wide, per a listing on VesselFinder. The Dali's owner is listed as Grace Ocean, a Singapore-based firm, and its manager is listed as Synergy Marine, which is also headquartered in Singapore. AdvertisementStaff for Grace Ocean declined to comment on the crash when contacted by Business Insider.
Persons: , Francis Scott Key, James Wallace, Wallace, Richard Worley, Wes Moore, Pete Buttigieg, Moore, Baltimore Francis Scott Key, ipoTR2HljY —, Dali, Grace Ocean, Barbara Rossi, Claudia Norrgren, it'll Organizations: Service, Baltimore, Associated Press, Business, Sonar, Biden Administration, Volunteer Firefighters, Volunteer Swift Water Team, Team, Unified Command, ipoTR2HljY — Harford Co, Synergy, Shipping, Staff, Grace, Maersk, Dali, University of Oxford, Hyundai Heavy Industries, Port Locations: Baltimore, Patapsco, Maryland, @jmvfc8, Singapore, Danish, Colombo, Sri Lanka, Port, South Korea, Antwerp
The bridge's collapse led to all shipping traffic in and out of the port being suspended. Maersk, the shipping giant, is transporting cargo set for Baltimore by road instead. AdvertisementThe bridge collapse in Baltimore is having a significant impact on the city's port, one of the nation's busiest. It added that for ships already on the water, cargo set for Baltimore would be taken to other ports and then moved on land. "Please note that for cargo set to discharge in Baltimore, delays may occur, as they will need to discharge in other ports.
Persons: , Francis Scott Key, Paul Wiedefeld, Maersk Organizations: Maersk, Service, Baltimore Locations: Baltimore, Patapsco, Maryland, Danish
A US Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, US, on Tuesday, March 26, 2024. The commuter bridge collapsed after being rammed by the Dali ship, causing vehicles to plunge into the water. Photographer: Al Drago/Bloomberg via Getty ImagesDanish shipping giant Maersk on Tuesday confirmed it had chartered the container ship which crashed into the Francis Scott Key Bridge in the U.S. city of Baltimore in the early hours of the morning. The bridge partially collapsed following the incident, which occurred at 1:35 a.m. local time Tuesday, according to local officials. We can confirm that the container vessel "DALI", operated by charter vessel company Synergy Group, is time chartered by Maersk and is carrying Maersk customers' cargo," the company said in a statement.
Persons: Francis Scott Key, Dali, Al Drago, DALI Organizations: US Coast Guard, Bloomberg, Getty Images, Maersk, Synergy Group, Synergy Locations: Dali, Patapsco, Baltimore , Maryland, U.S, Baltimore, London
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