Jack Dorsey dramatically scales back crypto ambitions for Block
Economy

Jack Dorsey dramatically scales back crypto ambitions for Block

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images During the crypto-crazed summer of 2021, when memecoins such as dogecoin and Shiba Inu were rocketing alongside bitcoin and ethereum, Square founder Jack Dorsey announced that […]

Ozempic could be the next target of Medicare drug price negotiations – here’s why
Economy

Ozempic could be the next target of Medicare drug price negotiations – here’s why

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. George Frey | ReutersOzempic, the blockbuster diabetes treatment from Novo Nordisk, could be next in line in the price negotiations between manufacturers and Medicare. The Biden… […]

Trump pleads not guilty to election charges in Georgia, waives arraignment
Economy

Trump pleads not guilty to election charges in Georgia, waives arraignment

Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair at the Iowa State Fair Grounds on Saturday August 12, 2023. Demetrius Freeman | The Washington Post | Getty ImagesFormer President Donald Trump on Thursday pleaded not guilty to criminal charges related to his efforts to… […]

Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Economy

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 […]