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A view of the logo of Novo Nordisk at the company's office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Denmark's Novo Nordisk said on Monday it had agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.1 billion) to strengthen its cardiovascular pipeline. The deal is in line with Novo's aim to expand its focus on diabetes and weight-loss therapies to include cardiovascular disease treatments. The Danish company has rocketed to become one of the world's most valuable companies on the back of its hugely popular weight-loss treatment Wegovy. The deal includes Cardior's lead compound CDR132L, currently in intermediate Phase II clinical trials for the treatment of heart failure, Novo said.
Persons: Novo, CDR132L Organizations: Novo Nordisk, Denmark's, Nordisk, Cardior Pharmaceuticals Locations: Bagsvaerd, Copenhagen, Denmark, Danish, Novo
Read previewAn appellate court decision reducing former President Donald Trump's bond to $175 million was a win for the former president — and certainly a rare one, according to legal experts. But the former president was tossed a last-minute lifeline Monday when an appeals court ordered a whopping 62% reduction in the size of the bond. AdvertisementIn that time, he's only heard of roughly a couple dozen instances when a New York appeals court reduced an appeal bond — and those involved far lower judgments. While the lowered bond buys Trump time, he'll still owe the entire sum if he loses on appeal. As part of Monday's decision, Trump is required to file a full appeal argument in time for the court's September 2024 session.
Persons: , Donald Trump's, Trump, Neil Pedersen, Pedersen, he's, Letitia James, Eric Snyder, Wilk Auslander, Snyder, he'll, Arthur Engoron, Engoron Organizations: Service, Business, Sons, New York, Trump, New, Trump Organization Locations: York, New York, he'll
An appeals court on Monday gave Donald Trump a lifeline, cutting his bond down to $175 million. He had previously told the court he could not secure a $454 million bond in his fraud case. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn appeals court gave Donald Trump a break on Monday, allowing him to post a $175 million bond in his New York civil fraud case, instead of a bond covering the $467 million he and his company now owe. Trump will have 10 days to come up with the $175 million bond stemming from his New York civil fraud judgment.
Persons: Donald Trump, Trump, Organizations: Service, Trump Organization, New York Times Locations: New York, York
RICHMOND, Va. (AP) — A federal appeals court rejected a bid Monday from former coal executive Don Blankenship, who argued that Donald Trump Jr. defamed him by calling him a “felon.”The 4th U.S. Circuit Court of Appeals in Richmond, Virginia, left in place a lower court's ruling in West Virginia against Blankenship, the former CEO of Massey Energy. He served a year in prison on a misdemeanor charge after he was found guilty of conspiring to violate safety standards at a West Virginia mine before an explosion in 2010 that killed 29 men. Blankenship sued the son of then-President Donald Trump after Donald Trump Jr. posted the comment in May 2018 on social media. The high court also previously turned away Blankenship’s appeal of his misdemeanor conviction.
Persons: Don Blankenship, Donald Trump Jr, , Blankenship, Donald Trump, Trump, Jr Organizations: , U.S, Circuit, Massey Energy, CNN, Fox News, Senate, Supreme, Associated Press Locations: RICHMOND, Va, Richmond , Virginia, West Virginia
Forest City, a luxury development in Malaysia, is banking on tourism to shed its ghost town image. AdvertisementWendy Noble lives 15 minutes away from Malaysia's Forest City, across the border in Singapore. Country Garden, the largest developer in China, spent $100 billion building Forest City. "Forest City is able to attract the weekend tourists," Adilah said, referring to tourists like Noble and Nemis. Forest City Golf Resort's lobby, with a miniature figure of the development.
Persons: it's, , Wendy Noble, Ree Nemis, Noble, Marielle, Nemis, Adilah Zain, Adilah, Sultan Ibrahim, Shawn, Gary, We've, Chandran Organizations: Forest City, Service, Malaysia's, MARA Technological University, Garden, Bloomberg, BI, Forest, Challenge, Hotel Locations: Forest, Malaysia, Malaysia's Forest City, Singapore, Forest City, China, Johor —, Malaysian, Monaco, Challenge Malaysia, Kuala Lumpur
A federal judge in California dismissed a lawsuit filed by Elon Musk's X against the nonprofit Center for Countering Digital Hate, writing in a judgement Monday that the "case is about punishing the Defendants for their speech." X sued the research group in July, accusing it of implementing a "scare campaign" to drive away advertisers. The company also accused CCDH of improperly accessing data from the platform and selectively picking posts to "falsely claim" that X is "overwhelmed with harmful content." CCDH also found that Twitter failed to act on 89% of anti-Jewish hate speech and 97% of anti-Muslim hate speech on the platform. In one instance, X has sued an Israeli web data collection company called Bright Data over its allegedly unauthorized scraping of data from its social media platform.
Persons: Elon Musk's, X, CCDH, Musk, Charles Breyer, Breyer, Roberta Kaplan, Donald Trump, E, Jean Carroll, Trump, Carroll, Xfinity Organizations: CCDH, Northern District of, Twitter, CNBC, X, Bright, Media Matters, America, Apple, Bravo, IBM, Oracle Locations: California, Northern District, Northern District of California, Silicon Valley, Texas
India holds a general election between April and June that Modi's Bharatiya Janata Party (BJP) is widely expected to win. The BJP's Tripathi responded that Muslim BJP leaders had no reason to fear because their community equally benefits from various government welfare programmes. Friday's order applies to all madrasas in the state, whether funded privately or by the government, Javed said. The court did not give a timeline for its order, but Javed said madrasas are unlikely to be closed right away. The northeastern state of Assam, also ruled by the BJP, has been converting hundreds of madrasas into conventional schools.
Persons: Saurabh Sharma, Krishna, Narendra Modi's, Iftikhar Ahmed Javed, Subhash Vidyarthi, Vivek Chaudhary, Anshuman Singh Rathore, Rathore, Modi, Ram, Babur, Rakesh Tripathi, madrasas, Sudhanshu Chauhan, Javed, Tripathi, Krishna N, William Mallard Organizations: Das NEW, Bharatiya Janata Party, BJP, Pradesh BJP, madrasas, Das Locations: Das NEW DELHI, India, Uttar Pradesh, Allahabad, Pradesh, Assam, New Delhi
Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. That would leave 49 countries — primarily in low-income regions of sub-Saharan Africa and Asia — responsible for the majority of new births. "Future trends in fertility rates and livebirths will propagate shifts in global population dynamics, driving changes to international relations and a geopolitical environment, and highlighting new challenges in migration and global aid networks," the report's authors wrote in their conclusion. That shifting demographic landscape will have "profound" social, economic, environmental and geopolitical impacts, the report's authors said. "As the workforce declines, the total size of the economy will tend to decline even if output per worker stays the same.
Persons: Asia —, Dr, Christopher Murray Organizations: Institute for Health Metrics, CNBC Locations: Saharan Africa, Asia, Chad, Niger, Tonga, Samoa, Asia's Tajikistan
It's not just market conditions that have Reddit moderators like Gilbert forgoing the investment opportunity. Reddit has long had a rocky relationship with moderators and the site's most dedicated users, or Redditors. In total, Reddit said underwriters have reserved 1.76 million of the 8 million shares in the IPO for the DSP. Meme stocksOf all companies, Reddit knows something about stock market volatility. However, given the dearth of tech IPOs since the start of 2022, White said Reddit's offering is "probably a little more risky."
Persons: Jonathan Raa, Sarah Gilbert, she's, She's, Airbnb, Doximity, Reddit's, Klaviyo —, It's, Gilbert forgoing, Reddit, Steve Huffman, Gilbert, you've, Alexis Ohanian, Twitch, BuckRowdy, Joshua White, White, FormicaDinette33, subreddits, it's, Wrestlegirl, Maharaj, shouldn't, He's, jeering, Courtnie Swearingen, Victoria Taylor, Swearingen, San, — CNBC's Cameron Costa Organizations: Nurphoto, Getty, New York Stock Exchange, Cornell University's Citizens, Technology, Google, YouTube, Facebook, CNBC, GameStop, AMC Entertainment, Vanderbilt University Locations: New, Chicago, San Francisco
By Jonathan StempelNEW YORK (Reuters) - New York University said it has moved "decisively" to root out antisemitism on its campus, and that a lawsuit by Jewish students claiming they have been mistreated should be dismissed. In a Monday night filing in Manhattan federal court, NYU said reports of antisemitism have declined significantly, sometimes to near zero, following a surge immediately after of the Oct. 7, 2023 outbreak of war in Gaza. The university also said student victims of antisemitism lack legal standing to demand sweeping changes. The NYU plaintiffs accused the school of violating federal civil rights law by enforcing its anti-discrimination policies unevenly, including by allowing chants such as "gas the Jews" and "Hitler was right" while ignoring other bigotry. The case is Ingber et al v New York University, U.S. District Court, Southern District of New York, No.
Persons: Jonathan Stempel, Hitler, Bill Berkrot Organizations: New York University, NYU, Carnegie, Mellon, Columbia, Harvard, MIT, University of California, University of Pennsylvania, Hamas, U.S, Court, Southern District of Locations: Manhattan, Gaza, Israel, Berkeley, Columbia, Southern District, Southern District of New York, New York
The 2023 World Air Quality Report showed that only a few countries have acceptable air quality. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHardly any countries have clean enough air to hit a global safety benchmark, according to new research. The only seven countries deemed acceptable were Estonia, Finland, Grenada, Iceland, Mauritius, Australia, and New Zealand. Advertisement"The science is pretty clear about the impacts of air pollution and yet we are so accustomed to having a background level of pollution that's too high to be healthy.
Persons: , IQAir, Marco Bottigelli, Hammes, David Dee Delgado Organizations: Service, World Health Organization, Guardian, Chrysler, Getty, Las Locations: Bangladesh, Pakistan, India, Canada, North America, Swiss, Estonia, Finland, Grenada, Iceland, Mauritius, Australia, New Zealand, Puerto Rico, French Polynesia, Southern Iceland, Northern America, West, New York City, Helinski, Tallinn, Hamilton, Bermuda, Reykjavik, Canberra, Wellington, San Juan ( Puerto Rico, Columbus , Ohio, Las Vegas
Shares of the chip giant pulled back about 2% during Tuesday's session, after announcing its latest AI chips . While Nvidia's latest announcements solidify the company's AI leadership, Wall Street anticipates some positive tailwinds for a slew of derivative players. Semiconductor derivative plays Nvidia's latest announcements could pose some major tailwinds for companies operating within the chipmaker's ecosystem. Liquid cooling The liquid cooling industry may also benefit as Nvidia harnesses the technology to cool the 72 Blackwell GPUs in its new server rack system, known as GB200 NVL72. "We believe built-in liquid cooling capabilities in addition to the power density of the system should be a positive for VRT's liquid cooling and power management businesses," he wrote.
Persons: Harlan Sur, Blackwell, Rosenblatt, Hans Mosesmann, Goldman Sachs, Toshiya Hari, Matt Bryson, Laura Chen, Oppenheimer, Rick Schafer, Amit Daryanani, Vertiv, Headwinds, Nvidia's Blackwell, Hari Organizations: Nvidia, NVIDIA, Micron Technology, MU, Micron, Taiwan Semiconductor, Wall, Marvell Technology, Blackwell, Micro Computer, Mosesmann, Devices, AMD, Data, Intel Locations: America
Rep. Lauren Boebert voted against a bill containing $20 million for the district she's abandoning. "Can't wait for the ribbon cuttings and to see these priorities come to fruition," she said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEarlier this month, Rep. Lauren Boebert voted against a must-pass government funding bill that contained more than $20 million for the Colorado district she's now abandoning. AdvertisementBoebert was among 40 House Republicans who voted on March 6 against the so-called "minibus" — which funds vast swaths of the federal government — despite having secured federal funding for their districts.
Persons: Lauren Boebert, , Boebert, Sleepy Joe, Nancy Pelosi —, It's, it's, she's, Ken Buck's, who's Organizations: Service, Republicans, Green, Deal, Green New, GOP, Rep Locations: Colorado, Wolf
NEW YORK (AP) — Michael Tilson Thomas is to conduct the opening subscription program of the New York Philharmonic season, three years after the conductor announced he was being treated for a brain tumor. He has continued to lead an active schedule but with fewer performances: Tilson Thomas led four concerts with the New York Philharmonic in March 2023. He was founder of the New World Symphony in Miami Beach, Florida, and music director of the San Francisco Symphony from 1995-2020. The philharmonic will be without a music director for two seasons. Pittsburgh Symphony Orchestra music director Manfred Honeck will lead an opening gala on Sept. 24 that includes Tony Award winner Cynthia Erivo.
Persons: — Michael Tilson Thomas, Emanuel Ax, Tilson Thomas, Jaap van Zweden, Gustavo Dudamel, Dudamel, Kate Soper, Philip Glass’s, Ken, David Masur, Kurt Masur, Augusta Read Thomas, Manfred Honeck, Tony, Cynthia Erivo, Herbert Blomstedt, Brahms, Hilary Hahn, Soprano Renée Fleming, Rod Gilfry, Kevin, , Juanjo Mena, Yuja Wang Organizations: New York Philharmonic, New, San Francisco Symphony, Los Angeles Philharmonic, Pittsburgh Symphony Orchestra Locations: Miami Beach , Florida
Since 1985, there have been two constants at Costco: Richard Galanti has been chief financial officer and the famous hot dog and soda combo has cost $1.50. Last week one of those finally changed, and it wasn't the price of the hot dog. During a 2022 earnings call, he joked that "lightning just struck me" after he was asked if the hot dog would raise its prices. Indeed, Galanti told Bloomberg that "the Costco culture is to keep it simple." "We generate more money than we need every year," he told Bloomberg.
Persons: Richard Galanti, Galanti, Reagan, I'm Organizations: Costco, Bloomberg, CNBC
Timothée Chalamet's recent films, 'Wonka' and 'Dune: Part Two,' have both surpassed the $200 million mark at the domestic box office. No film had crossed $200 million domestically since "Oppenheimer" last August. Chalamet, whose global box office total is over $2.5 billion, is proving he'll be a box-office draw for years to come. And now Timothée Chalamet has the box-office coin to prove he's one of the biggest draws in the movie business. Both titles have also surpassed the $200 million milestone domestically, something no other titles released this year have done so far.
Persons: Timothée, Wonka, Oppenheimer, Chalamet, , He's, Bird, Leonardo DiCaprio, Roald Dahl's, Charlie, Frank Herbert's, Tom Cruise, Luca Guadagnino, John Travolta, Paul Dergarabedian, Dergarabedian, Timothée Chalamet, Alberto E, Rodriguez, Bob Dylan Organizations: Service, Warner Bros, Sony Pictures, Warner Bros ., Business, Hollywood
Clarence Thomas still has about two days to accept John Oliver's deal to quit the Supreme Court. Thomas once said that the job of a Supreme Court justice was "not worth doing for what they pay." AdvertisementJohn Oliver says Supreme Court Justice Clarence Thomas still has less than 48 hours to accept his million-dollar offer to quit the court. During a February episode of "Last Week Tonight," Oliver promised Thomas $1 million a year to leave the SCOTUS bench. But it is worth doing for the principle," Thomas told the Bar Association in Savannah, Georgia, in 2001.
Persons: Clarence Thomas, John Oliver's, Oliver, Thomas, , John Oliver, SCOTUS, Joe Biden's, I've, gesturing, Ginni Organizations: Service, GOP, Bar Association, Business Insider Locations: Savannah , Georgia
Lauren Boebert isn't thrilled that fellow GOP'er Ken Buck is leaving office earlier than expected. Boebert, who is running to succeed Buck in Colorado's 4th District, called his decision "swampy." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementColorado Republican Rep. Ken Buck on Thursday rejected any notion that he was retiring before the end of his term to make it more difficult for Rep. Lauren Boebert to succeed him in Congress. This story is available exclusively to Business Insider subscribers.
Persons: Lauren Boebert isn't, Ken Buck, Boebert, Buck, hasn't, , Lauren Boebert Organizations: GOP, Service, Colorado Republican, Business Locations: Colorado's 4th
Wendy and Kurt Meyer moved from Mission Viejo, California, to Washington, Iowa, in 2021. The couple moved back to Mission Viejo in December 2023 and they never want to leave again. They stayed 20 months before moving back to Mission Viejo in December 2022. My parents were from Iowa and moved me to Iowa when I was in high school. We lived in Mission Viejo in Orange County.
Persons: Wendy, Kurt Meyer, Hawkeye, , I'm, Kurt, We'll, grandkids, Wendy Meyer, Wendy Meyer Kurt, They're, It's, We've Organizations: Service, That's, Air Force, The University of Iowa Hospital, Wendy, Gas, Costco Locations: Mission Viejo , California, Washington , Iowa, Mission Viejo, Los Angeles, Iowa, California, Germany, Long Beach, Orange County, She's, Iowa City
A Boeing plane lost an external panel mid-flight before landing safely in Oregon. United Airlines and the FAA said they would be investigating how this happened. AdvertisementA Boeing plane lost an external panel mid-flight before landing safely in Oregon, in the latest embarrassment for the airline manufacturer. "After the aircraft was parked at the gate, it was discovered to be missing an external panel," the statement said. AdvertisementThe Federal Aviation Administration said it is investigating how the plane lost the panel.
Persons: , We'll, Amber Judd, United —, Max, Dave Calhoun Organizations: Boeing, United Airlines, FAA, Service, Business, Rogue, Medford, Valley Times, ABC, Aviation Administration, Max, Alaska Airlines Locations: Oregon, San Francisco, Alaska, United, Houston
Walmart is selling Macs directly for the first time, starting at $700 for a MacBook Air. The MacBook Air with an M1 chip is arriving after Apple revamped its laptop lineup. AdvertisementFor the first time, Walmart is selling Apple laptops directly, with the MacBook Air (with an M1 chip) available at a cool $700. AdvertisementAs a result, Apple discontinued its M1 MacBook Air — the one arriving at Walmart. Walmart has previously sold Apple products — including iPhones, iPads, and Apple Watches — but never Macs.
Persons: , Julie Barber Organizations: Walmart, MacBook Air, Apple, Service, MacBook, Air
Elijah Nouvelage | ReutersThe sprawling Georgia election interference case against former President Donald Trump and his co-defendants can continue if either Fulton County District Attorney Fani Willis or prosecutor Nathan Wade removes themselves, Fulton County Superior Court Judge Scott McAfee ruled Friday. Fulton County Superior Judge Scott McAfee looks on during a hearing in the case of the State of Georgia v. Donald John Trump on February 12, 2024 at the Fulton County Courthouse in Atlanta, Georgia. Willis and Wade admitted to the relationship only after it was first alleged in January court filings for defendant Michael Roman. and the prosecutor engaged in an "improper, clandestine personal relationship" and that they profited off the arrangement at taxpayers' expense. But both Willis and Wade insisted their relationship posed neither a personal nor financial conflict, and Willis has decried related claims as "fantastical theories and rank speculation."
Persons: Fani Willis, Nathan Wade, Donald Trump, Elijah Nouvelage, Scott McAfee, Willis, Wade, Trump's, Joe Biden's, Donald John Trump, Alyssa Pointer, Trump, Steve Sadow, Pete Skandalakis, Michael Roman Organizations: Trump, of, NBC News Locations: Fulton County, Atlanta, Georgia, Georgia's, of Georgia, Fulton, Atlanta , Georgia
NEW YORK (AP) — FTX founder Sam Bankman-Fried's orchestration of one of history's largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. “His life in recent years has been one of unmatched greed and hubris; of ambition and rationalization; and courting risk and gambling repeatedly with other people’s money. And even now Bankman-Fried refuses to admit what he did was wrong,” prosecutors wrote. Bankman-Fried was extradited to the United States in December 2022 from the Bahamas after his companies collapsed a month earlier. “Even following FTX’s bankruptcy and his subsequent arrest, Bankman-Fried shirked responsibility, deflected blame to market events and other individuals, attempted to tamper with witnesses, and lied repeatedly under oath,” prosecutors said, citing his trial testimony.
Persons: — FTX, Sam Bankman, Prosecutors, Tom Brady, Larry David, , Fried, , ” “, Judge Lewis A, Kaplan, Marc Mukasey, “ Sam, ” Mukasey, Locations: Manhattan, , United States, Bahamas, Palo Alto , California
Exactly a week after Prince Harry and Meghan Markle's interview with Oprah Winfrey catapulted the royal family into crisis in March 2021, Prince William and Kate Middleton released a photo on Mother's Day in the UK. Fast-forward three years, and the royal family has found themselves surrounded by controversy yet again. The ensuing photos were a PR dream for the royal family: Kate with a goat! Prince William, Kate Middleton, Meghan Markle, and Prince Harry visiting Sandringham in 2018. EBASTIEN BOZON/AFP via Getty ImagesRumors swelled around the royal family in the weeks leading up to the Mother's Day photo fiasco.
Persons: Prince Harry, Meghan Markle's, Oprah Winfrey, Prince William, Kate Middleton, Diana, William, Kristen Meinzer, Prince, Princess of Wales, , Kate, ANDY COMMINS, Harry, Winfrey, University of St Andrews —, Meghan, Harry's, Eric Shiffer, didn't, Oprah, Duke, Duchess, Meghan Markle, Samir Hussein, Clare McHugh, they'll, It's, Middleton, Queen Elizabeth II's, EBASTIEN BOZON, she'd, King Constantine's, there's, Meinzer, Charles, King Charles, King Charles III, JONATHAN BRADY, Buckingham, Camilla, Carole Middleton, William —, Phil Chetwynd, Marlene Koenig, Princess, Josh Shinner, There's, Schiffer, rota —, ungentlemanly, rota, Kate's, it's, Princess Diana's Organizations: Business, Getty, Westminster Abbey, University of St, Sandringham, Kensington, Buckingham Palace, Kensington Palace, TMZ, Daily Mail, Associated Press, Reuters, Agence France, Presse, ABC News, Adobe, BBC, Royal Locations: Kensington, Westminster, Sussex, California, AFP, Gaza, Buckingham Palace, Kensington Palace, Wales
The court ruled 4-3 that the Superior-based Catholic Charities Bureau and its subentities' motivation to help older, disabled and low-income people stems from Catholic teachings but that its actual work is secular. Every Catholic diocese in Wisconsin has a Catholic Charities entity that serves as that diocese's social ministry arm. The Catholic Charities Bureau is the Superior diocese's entity. “The majority’s misinterpretation also excessively entangles the government in spiritual affairs, requiring courts to determine what religious practices are sufficiently religious under the majority’s unconstitutional test,” Rebecca Bradley wrote. “The majority says secular entities provide charitable services, so such activities aren’t religious at all, even when performed by Catholic Charities.”
Persons: Ann Walsh Bradley, of Jesus Christ, Eric Rassbach, Becket, Judge Lisa Stark, isn't, Stark, Rebecca Bradley, ” Rebecca Bradley, , Organizations: Catholic Charities Bureau, American Islamic Congress, of Jesus, International Society, Krishna, Sikh Coalition, Jewish Coalition for Religious Liberty, for Religious Liberty, Catholic Charities Locations: MADISON, Wis, Illinois , Iowa, Michigan, Minnesota, Wisconsin
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