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Weeks into North Korea’s campaign of launching balloons loaded with trash across the world’s most heavily armed border, some of them hit a symbolically significant target in South Korea on Wednesday: the presidential office in the heart of Seoul, the capital. North Korea has released more than 3,000 of the trash balloons since May, many of which have reached the South after floating across the Demilitarized Zone between the two nations. On Wednesday, for the first time, some of them landed inside the sprawling compound in central Seoul that includes the office of President Yoon Suk Yeol. The authorities did not say exactly how many had reached the compound, one of the most tightly guarded places in South Korea. The team found “nothing dangerous or contaminating,” South Korea’s presidential security service said in a brief statement​.
Persons: Yoon Suk Organizations: Officials Locations: South Korea, Seoul, North Korea
Giuliani only appears to have a portion of that amount in his personal bank account, which keeps being depleted to pay other bills, Wednesday’s federal court proceedings in White Plains, New York, revealed. Giuliani has been slow to disclose what cash he has on hand in liquid accounts, and hasn’t been fully transparent, the judge has found. Last Friday, Giuliani’s bankruptcy protection ended, and creditors such as the 2020 election workers Ruby Freeman and Shaye Moss ​are now able to pursue his $10 million net worth. He told Giuliani’s lawyers they had until Thursday at “high noon; that’s appropriately theatrical” ​to notify the court of a plan for Giuliani to resolve his bills. “If your client persists in this course of action, there are a lot of bad things that can happen,” Lane told Giuliani’s attorneys on Wednesday.
Persons: CNN — Rudy Giuliani, Giuliani, hasn’t, Rachel Strickland, , ” Strickland, Ruby Freeman, Shaye Moss, Moss, Freeman, , , Sean Lane, Lane, ” Lane, Heath Berger, Gary Fischoff, Donald Trump, CNN’s Kaitlan Collins, Ted Goodman, Giuliani “, Goodman, ” Trump Organizations: CNN, Republican National Convention, New, Amazon, Apple, Giuliani, Milwaukee, GOP, New York’s LaGuardia Locations: White Plains , New York, Georgia, New York City, York, Florida, Milwaukee, New York, Palm Beach , Florida, New
Huda Omari sat outside a broker’s office in Jordan for two days, waiting for her visa to make the annual hajj, or pilgrimage, to Saudi Arabia. In Egypt, Magda Moussa’s three sons pooled their resources to scrape together nearly $9,000 to realize a dream of accompanying their mother to the hajj. When she got the go-ahead for the trip, she said, relatives and neighbors in her village ululated in celebration. The dayslong pilgrimage is a profound spiritual journey and an arduous trek under the best of circumstances. ​But this year, amid record ​h​eat, at least 1,300 pilgrims did not survive the hajj, and Saudi authorities said that more than 80 percent of the dead were pilgrims who lacked permits.
Persons: Huda Omari, Magda Moussa’s, Omari, Moussa Organizations: Saudi Locations: Jordan, Saudi Arabia, Egypt
They were descendants of Koreans who ​moved to Northeast China​, fleeing Japan’s brutal colonial rule ​in the early 20th century. In a twist of history,​ many like them have come to South Korea in recent decades,​ looking for better-paying jobs in their forebears’ homeland, ​now one of the world’s richest countries. The disaster drew new attention to the stark ​realities faced here by migrant workers, from China and from elsewhere. South Korea, with its shrinking population, has been rapidly increasing the number of workers it accepts from abroad to ​toil at the lowest rung of ​its labor market. Foreign workers are nearly three times as likely as the average South Korean to die in a work-related accident, according to a recent study.
Persons: Locations: China, South Korea, Hwaseong, Seoul, Koreans
Cannon did not seem inclined to approve the limitations on Trump’s speech but did not immediately issue a ruling. The judge also heard arguments on Trump’s long-shot motion alleging that the special counsel’s office is being improperly funded. He said that while Trump is welcome to campaign, there should be certain limits when it comes to the safety of FBI agents on the case. “Steve Bannon making a comment is potentially the kind of thing that could send President Trump to jail,” Blanche said. Republicans on Capitol Hill have also tried to buckle down on the DOJ’s use of the special counsel’s office and its funding.
Persons: Aileen Cannon, Jack Smith’s, Donald Trump’s, Trump, Cannon, ” Cannon, David Harbach, Trump “, Harbach, , ” Harbach, ” Trump, Smith, Todd Blanche, Biden, ” Blanche, Blanche, “ Steve Bannon, James Pearce, Janet Reno, Pearce, Emil Bove, hadn’t, Bove Organizations: CNN, FBI, Department, Mar, Trump, Justice Department, , DOJ, Republicans, Capitol Locations: Fort Pierce , Florida, Lago
A fire at a lithium battery factory near Seoul​ on Monday killed at least 16 workers and left six others missing, officials said. The toll from the blaze, one of the deadliest in South Korea in recent years, was expected to rise as rescuers searched the building in Hwaseong, 28 miles south of Seoul. Kim Jin-young, an official with the Hwaseong Fire Department, said 102 people had been working in the factory, owned by the battery maker Aricell, when the fire broke out. Many of the dead and missing workers were migrants​ from China and other countries, and officials feared they had been trapped inside the building. ​Workers who fled the fire said it started when a single battery cell caught fire, triggering a series of explosions among some of the 35,000 lithium battery cells stored on the factory’s second floor, according to Mr. Kim.
Persons: Kim Jin, Kim Organizations: Hwaseong Fire Department, ​ Workers Locations: Seoul ​, South Korea, Hwaseong, Seoul, China
Oil prices slip as rate hike worries come into focus
  + stars: | 2024-06-21 | by ( ) www.cnbc.com   time to read: +1 min
Working oil pumpjacks dot the landscape on oilfields on the outskirts of Taft, Kern County, California on Sept. 21, 2023. Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower. Japan's core consumer prices last month gained 2.5% from a year earlier, data showed on Friday, growing from the previous month and keeping the country's central bank on track to raise interest rates higher in the coming months. U.S. data released on Thursday showed that the number of Americans filing new claims for unemployment benefits fell in the week ended June 14, with broader strength in the jobs market persisting. Higher interest rates typically weigh on economies and, in turn, on oil demand.
Persons: Bob Yawger Organizations: Brent, U.S . Federal, Energy Information Administration, EIA, Mizuho Locations: Taft, Kern County , California, Asia, United States, U.S, New York
Why Greece Is Betting Big on American Gas
  + stars: | 2024-05-31 | by ( Max Bearak | Hilary Swift | ) www.nytimes.com   time to read: 1 min
When a withering financial crisis forced Greece to rethink its economy a decade ago, it bet big on green power​. Since then, Greece’s energy transition has been so swift “it almost feels utopian​,”​ one Greek environmentalist said. ​Mountainous ridgelines and arid islands ​are covered in wind turbines and solar panels​ that ​today provide nearly two-thirds of the nation’s electricity.​​​But ​now Greece​ is deliberately pivoting back toward fossil fuels, just not to burn at home. This time it’s betting that it can become one of Europe’s main suppliers of natural gas, with much of it shipped from the United States. Both Greek and European Union subsidies have funded new pipelines that crisscross the country and connect to a brand-new import terminal that will send gas to a broad swath of Central and Eastern Europe for decades to come.
Persons: , Greece ​ Organizations: Union Locations: Greece, , United States, Central, Eastern Europe
An oil pump jack at the New Harmony Oil Field in Grayville, Illinois, US, on Sunday, June 19, 2022. Oil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said it was too soon to start considering rate cuts, and following a surprise build in U.S. gasoline stocks that weighed on the market. "I think it's too soon to really be thinking about rate cuts." Meanwhile, U.S. crude oil inventories fell 4.2 million barrels to 454.7 million barrels in the week ending on May 24, the Energy Information Administration said on Thursday, compared with expectations in a Reuters poll for a 1.9 million-barrel draw. Stocks were up 2 million barrels for the week to 228.8 million barrels, the EIA said, compared with expectations for a 400,000-barrel draw.
Persons: Lorie Logan, Logan, Stocks Organizations: New Harmony Oil, Fed, Brent, U.S, West Texas, Dallas Federal, Energy Information Administration, EIA, of, Petroleum Locations: Grayville , Illinois, U.S, El Paso , Texas, OPEC, Saudi Arabia, Russia
CNN —Professional golfer Grayson Murray died by suicide, his parents confirmed in a statement released through the PGA Tour. It’s a nightmare.”The statement continued, “We would like to thank the PGA Tour and the entire world of golf for the outpouring of support. It provides free and confidential support 24 hours a day, seven days a week for people in suicidal crisis or distress. For crisis support in Spanish, call 1-888-628-9454. For support outside of the US, a worldwide directory of resources and international hotlines is provided by the International Association for Suicide Prevention.
Persons: Grayson Murray, ” Eric, Terry Murray, wasn’t, Grayson, , Charles Schwab, Murray, Keegan Bradley Organizations: CNN, PGA, Tour, Sony, Keegan, IMG, Prevention, International Association for Suicide Prevention, Befrienders, Locations: Fort Worth , Texas, Raleigh , North Carolina
She knows there’s a bigger pool of experienced workers out there, but she can’t hire them because they are undocumented immigrants. The coalition argues Biden can do more through executive action under current law, including by expanding work permits to spouses of US citizens. All of Indiana dairy farmer Steve Obert's employees are authorized to work, but he is among the business leaders advocating for more work permits for longtime undocumented residents. Courtesy Steve ObertAll of Obert’s 15 non-family employees are foreign born and have work permits. But he knows that undocumented workers contribute a lot to the industry, as well as to the communities where they live.
Persons: Lisa Winton, Winton, Biden, ” Winton, ” Lisa Winton, Joe Biden, Donald Trump, Barack Obama, Trump, , , Karoline Leavitt, , ” It’s, Steve Obert, Jessica Vaughan, Rebecca Shi, , ’ ”, Shi, Vaughan, Tara Watson, Bush, Obama, Kerri Talbot, Trump’s, Steve, ” Obert Organizations: CNN, Winton Machine Company, American Business Immigration Coalition, Employers, Time, Trump, Pew Research Center, Labor, National Agricultural Workers Survey, Center, American, National Milk Producers Federation, Immigration Services, Center for Immigration Studies, Department of Homeland Security, Migration Policy Institute, Williams College, Immigration, Indiana Dairy Producers Locations: Suwanee , Georgia, Winton, Georgia, America, Indiana
Brendan McDermid | ReutersBlackRock estimates that the world's green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships, especially in Asia-Pacific. The forecast comes from BlackRock's latest "Investment Institute Transition Scenario," which analyzes how the low-carbon transition is most likely to play out and its potential impact on portfolios. The $4 trillion figure is double previous expectations of $2 trillion annually, and will require increases in both public and private sector capital, according to Michael Dennis, head of APAC Alternatives Strategy & Capital Markets at BlackRock. Last year, $1.8 trillion was invested into projects related to the energy transition, up from $33 billion in 2004 with about $19 trillion invested to date, according to data compiled by BlackRock. "However, while the investment has grown, there's still an $18 trillion gap to get to where we need to by 2030," he added.
Persons: Brendan McDermid, Michael Dennis, Dennis, there's Organizations: Reuters BlackRock, Investment, Capital Markets, BlackRock Locations: BlackRock, New York City, Asia, U.S
“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”
Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, , China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, , Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, , Yunnan, Weibo
CNN —NFL owners officially voted to ban the ‘hip-drop tackle’ from the sport on Monday, after an annual league meeting in Florida. The tackle has long been a topic of debate and was cited as the reason behind multiple injuries in the NFL. Miami Dolphins safety Jevon Holland also criticized the decision, posting on X: “Breaking news: Tackling Banned.”CNN has reached out to the NFL for comment about the criticism. Baltimore Ravens star Mark Andrews was one victim of the tackle last season, suffering a serious ankle injury after being brought down by the controversial technique in November. If they want to ban the tackle, fine.
Persons: , , “ unweights, swiveling, JJ Watt, Jevon Holland, Mark Andrews, Andrews, “ I’m, Organizations: CNN, NFL, Miami Dolphins, Baltimore Ravens Locations: Florida
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US asked non-allies for help in an attempt to dissuade Russia from carrying out a nuclear strike in 2022, a senior US administration official told CNN. The official said their assessment was that input from the likes of India, China, and others "may have had some effect" on Russia's thinking. In June 2023, President Joe Biden said Russia's nuclear threat remained "real" following the news that Russia had moved nuclear weapons into neighboring Belarus. "All this really threatens a conflict with the use of nuclear weapons and the destruction of civilisation.
Persons: , Vladimir Putin, Xi Jinping, Sergei Guneyev, Putin, Biden, Sergei Shoigu, Joe Biden, Emmanuel Macron Organizations: Service, CNN, Business, Getty, Russian, NATO, Reuters Locations: Russia, India, China, AFP, Ukraine, Kherson, Russian, Belarus
Russian officials alleged Ukraine would build and detonate a dirty bomb against Russian forces and then blame the attack on Russia. Western intelligence agencies had received information that there were now communications among Russian officials explicitly discussing a nuclear strike. “It’s never a cut-and-​dry, black-​and-​white assessment,” the first senior administration official told me. Secretary of State Antony Blinken communicated US concerns “very directly” with Russian foreign minister Sergey Lavrov, according to senior administration officials. “We conducted a number of quiet conversations with core allies to go through our thinking,” the first senior administration official told me.
Persons: CNN —, Biden, Powers, , ” “, Chris McGrath, Vladimir Putin, Sergei Shoigu, “ It’s, NurPhoto, Antony Blinken, Sergey Lavrov, Mark Milley, General Valery Gerasimov, Joe Biden, Bill Burns, Sergey Naryshkin, Xi Jinping, Narendra Modi, Alexandr Demyanchuk, , Organizations: CNN, US, National Security Council, Kherson City, , UN, United Nations, Russian, Russian Armed Forces, CIA, Indian, Shanghai Cooperation Organization Locations: Russia, Ukraine, Hiroshima, Nagasaki, , Russian, Kherson, Ukrainian, France, Turkey, , Kyiv, India, China, Samarkand
Think of the actors Elizabeth Taylor and Richard Burton, who were married to each other twice — first for a decade beginning in 1964, and then again in 1975 before they divorced the next year. The celebrity TV justice Judith Sheindlin, better known as Judge Judy, married Jerry Sheindlin in 1977. They divorced in 1990 and then remarried in 1991. The singer and actress Marie Osmond and the motivational speaker Steve Craig were first married in 1982 and divorced in 1985. Ms. Osmond told People Magazine in 2019, “The thing about a second marriage is that you realize things you thought were so important aren’t.”​
Persons: Elizabeth Taylor, Richard Burton, Elon Musk, Talulah Riley, Judith Sheindlin, Judy, Jerry Sheindlin, Marie Osmond, Steve Craig, Osmond, Organizations: People Magazine
The startup company, Arctic Ice, shipped its first container of around 22 tons of Greenland ice to Dubai this year for sale to high-end bars and restaurants. Founded in 2022 by two Greenlanders, Arctic Ice has an interesting — and controversial — business model. Arctic Ice claims it’s offering a novel way to harness a natural resource, carving out new economic opportunities and raising awareness of the Arctic. Various attempts have been made over the past few decades to bring back natural ice commercially, but with little success. But perhaps inevitably for a business model that involves shipping a diminishing natural resource halfway across the world, Arctic Ice has attracted controversy.
Persons: , Malik V, Rasmussen, ” Rasmussen, , Jennifer Francis, Francis, It’s, Jason Box Organizations: CNN, glitzy, Climate Research, Geological Survey Locations: glitzy Dubai, Dubai, Nuuk, Greenland, Europe, people’s freezers, Norway, Denmark
Oregon changed its isolation policy in May when the Covid-19 public health emergency lifted, and California followed suit earlier this month. The recent order from the California health department notes that the potential infectious period spans from two days before through 10 days after symptoms or a positive test. Less restrictive isolation policies could allow people to feel more comfortable with testing, which could prompt them to get treatment or feel more comfortable taking other protective measures. Dr. Dean Sidelinger, Oregon’s state health officer, said that equity was a key factor considered in the decision to change isolation policy in the state. Public health policy decisions are rarely black-and-white, experts say, and weighing tradeoffs can be more of an art than a perfect science.
Persons: Tomás Aragón, , Jennifer Nuzzo, we’re, Dan Barouch, Sarita Shah, Dean Sidelinger, ” Barouch, , ” Nuzzo, Shah, Dr, Sanjay Gupta, you’re, ” Shah, Organizations: CNN —, US Centers for Disease Control, California Department of Public Health, CDC, Pandemic, Brown University School of Public Health, Center, Virology, Vaccine, Beth Israel Deaconess Medical, Emory University, Get CNN, CNN Health Locations: California, Oregon, COVID, hospitalizations, Covid
“Anybody who understands the physics knows that.”Hansen’s words have heft — he is widely credited as the first scientist to publicly sound the alarm on climate change in the 1980s. Climate change is fueling storms in both the summer and winter. The year came within a whisker of breaching 1.5 degrees, according to data from the Copernicus Climate Change Service. “For all practical purposes we are only going to be looking at 1.5 degrees in the rearview mirror,” he said. Why 1.5 mattersFew scientists will dispute that the world faces a daunting path to limit warming to 1.5 degrees.
Persons: James Hansen, Lauren Owens Lambert, I’ve, Jim, , Michael Mann, Hansen, Friederike Otto, , it’s, Niño, Hurricane Idalia, Joe Raedle, ” Otto, , Storm Daniel, Karim Sahib, Bill McGuire, ” McGuire, Chris Smith, El Niño, Mann, Samantha Burgess, Copernicus, Otto said, ’ ” Smith, “ we’ve, McGuire, Otto Organizations: CNN, Getty, University of Pennsylvania, Imperial College London’s Grantham Institute, , United, Hurricane, University College London, University of Leeds Locations: Hampton , New Hampshire, AFP, United States, Europe, Tarpon Springs , Florida, Paris, Libya's, Derna, kilter
Saudi Minister of Finance Mohammed Bin Abdullah Al-Jadaan attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 15 July 2022. The programme has so far attracted 200 foreign companies, Saudi Investment minister Khaled Al-Falih was quoted as saying. "The new tax exemptions granted on regional headquarters activities will give .... international companies in the kingdom more clarity of vision and stability," Saudi Finance Minister Mohammed Al-Jadaan said, according to SPA. Foreign companies have scrambled to meet the Saudi condition to relocate their regional headquarters after the kingdom said in October the deadline will be enforced. Foreign firms have for years used neighbouring United Arab Emirates as a springboard for their regional operations, including for Saudi Arabia.
Persons: Finance Mohammed Bin Abdullah Al, Jadaan, Jan, Prince Mohammed bin Salman, Khaled Al, Falih, Mohammed Al, ” Jadaan, Aziz El, Bill Berkrot Organizations: Finance, Ministers, Central Bank Governors, Rights, United, United Arab Emirates, International, Saudi Investment, Saudi Finance, Games, , Thomson Locations: Saudi, Nusa Dua, Bali, Indonesia, Rights RIYADH, Saudi Arabia, United Arab, United Arab Emirates
President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.
Persons: Henry Kissinger, , Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California
LONDON, Nov 13 (Reuters) - Novo Nordisk (NOVOb.CO) shares rose 3% on Monday as the market reacted to data the drugmaker presented over the weekend showing that the heart protective benefits of its popular obesity drug Wegovy are not solely due to weight loss. Wegovy is part of a class of drugs that mimic a gut hormone that helps regulate blood sugar and appetite. U.S. companies across sectors such as food and beverage makers have addressed investor concerns on the potential impact to their businesses from the growing popularity of the promising weight-loss drugs. Novo was first to market with its highly effective weight loss drugs. At the close of markets on Friday, Novo's shares were up 47.5%​ this year.
Persons: Markus Manns, Jefferies, Wegovy, Novo, Eli Lilly's, Lilly, Novo's, Maggie Fick, Boleslaw Lasocki, Medha Singh, Louise Heavens Organizations: Novo Nordisk, Novo, Union Investment, Reuters, Pfizer, Jefferies, U.S, Thomson Locations: United, Germany, Novo, U.S, Bengaluru
T-Mobile's nationwide standalone 5G network helps power these efforts. The common thread of these varied scenarios might surprise you: 5G, the "fifth generation" of wireless network technology. T-Mobile is the only provider of a standalone nationwide 5G network, putting it in a prime position to shake up that paradigm in the US. Uses for all industriesT-Mobile's 5G technology can be applied across all industries, for an ever-expanding number of use cases. Find out more about how T-Mobile's 5G technology is powering change across industries.
Persons: , Parvin Mahajan, Mahajan, Heather Nelson, Rod Laver, Will Townsend, Organizations: Mobile, Children, Boston Children's Hospital, Drivers, Infosys, Rod Laver Arena, Insider Studios Locations: Bellevue , Washington
The offers to refinance the mortgage on your home later often aren’t as attractive as they initially seem. Photo: David Paul Morris/Bloomberg NewsLenders have a proposition for home buyers who can’t stomach an 8% mortgage rate: Buy now, and refinance later for free. Lenders are making these offers because the market for mortgages cratered as the Federal Reserve raised interest rates to two-decade highs to tame inflation. ​ The average rate on a 30-year fixed-rate mortgage is 7.79%, according to Freddie Mac .
Persons: David Paul Morris, refinance, Freddie Mac Organizations: Bloomberg, Federal Reserve
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