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Weight-Loss Drug Ads Target Super Bowl Audience
Companies looking to sell weight-loss drugs directly to consumers, including Novo Nordisk's Wegovy, will shell out millions of dollars for celebrity-filled ads during Sunday's Super Bowl with the promise of one of the year's largest global audiences.
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NFL-Sports Tourism Booms With Super Bowl Driving Demand for Experiences
Forget flashy cars and mansion photos - today's ultimate flex is posting pictures from the Super Bowl field while making snow angels in celebratory confetti and people are paying big bucks for the privilege.
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Bitcoin Loses Trump-Era Gains as Crypto Market Volatility Signals Uncertainty
Bitcoin could drop further after wiping out all of its price gains since the election of U.S. President Donald Trump as liquidity is expected to remain thin for the near future.
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Crypto Exchange Error Sends Billions in Bitcoin to Users
A South Korean cryptocurrency exchange apologized Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform.
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FDA Moves to Restrict Compounding GLP-1 Ingredients
The Food and Drug Administration said Friday it intends to restrict access to GLP-1 drug ingredients used in nonapproved compounded weight-loss products and that Hims & Hers Health Inc. could face federal enforcement, a move the agency said is aimed at curbing mass-marketed ...
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Judge Tosses Challenge to Starbucks DEI Programs
A federal judge on Friday tossed out a lawsuit filed by former Missouri Attorney General Andrew Bailey that challenged Starbucks' diversity, equity, and inclusion initiatives, ruling the state failed to show anyone was harmed by the policies.
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Musk's Underground Vegas Tunnels Face Safety Scrutiny
Elon Musk's "Vegas Loop," a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations.
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Goldman Sachs, Anthropic Team Up to Automate Banking
Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents aimed at automating a widening range of internal functions, CNBC reported Friday, citing the bank's chief information officer.
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US Judge Rejects Compass Bid to Block 'Zillow Ban'
A federal judge on Friday rejected a bid by Compass, the largest U.S. residential real estate brokerage, for an injunction requiring Zillow to list more homes on its real estate platforms.
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Uber Ordered to Pay $8.5M in Sexual Assault Case
A federal jury has ordered Uber to pay $8.5 million to a woman who says one of its drivers raped her during a 2023 trip.
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Google Workers Seek End to Immigration Deals
A growing group of Google employees is urging company leadership to end cloud-computing work connected to federal immigration enforcement, reviving a wave of internal activism that had been largely dormant in recent years, The New York Times reports.
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Pandora Breaks With Volatile Silver for Platinum
Jewelry brand Pandora is introducing platinum-plated products to distance itself from the volatile silver market after a historic surge in the price of the precious metal, the company's new CEO said.
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Pricier iPhones Likely Amid Global Chip Crunch
As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers
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Novo Nordisk Threatens Suit Over Hims Diet Pill
Telehealth company Hims & Hers said Thursday it will launch a cheaper, off-brand version of the weight-loss pill Wegovy, just weeks after drugmaker Novo Nordisk launched its highly anticipated reformulation of the blockbuster medication. The announcement from Hims is the...
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Amazon 'Hires' Chris Hemsworth in Super Bowl Stunt; Workers Balk
The Australian "Thor" actor appeared Thursday morning on Amazon's official internal organizational chart, which was viewed by Reuters, with the title of "Chief Heartthrob" for Alexa Devices, the organization overseeing Amazon's voice assistant.
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Amazon Projects $200B in Capital Spending This Year
Amazon.com Thursday projected a jump of more than 50% in capital expenditures this year, joining its Big Tech peers in adding new expenses as they race to build out artificial-intelligence infrastructure.
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Pizza Hut Closing 250 US Stores as Owner Weighs Sale
Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain.
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Ukraine: Starlink Used by Russian Forces Deactivated on Battlefield
Starlink internet terminals used by the Russian military on the battlefield in Ukraine have been deactivated, Ukraine said on Thursday, in what one official described as a "disaster" for Moscow that had disrupted its assault operations in many areas.
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Paul Weiss Chair Brad Karp Resigns Over Epstein Emails
Prominent Wall Street law firm Paul Weiss said on Wednesday that Brad Karp had resigned as chairman of the firm and it had appointed Scott Barshay to be his successor. Karp did not immediately respond to a Reuters request for comment. The firm did not give a reason for his...
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Pentagon Asked to Probe SpaceX for Potential Chinese Ownership
Democrat U.S. senators on Thursday urged the Pentagon to conduct an immediate review of SpaceX amid allegations that Chinese investors have secretly acquired stakes in the closely held rocket maker, citing potential national security risks, according to a letter seen by...
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French Minister Warns of 'Year of Resistance' Against Shein, Online Platforms
Online retailers such as Shein will face a "year of resistance" in France, the country's minister for small and medium-sized businesses Serge Papin, said on Thursday, adding that the platforms posed unfair competition to French chains. Speaking to TV station TF1, Papin said...
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Trump Vows to Stay Out of Fight to Acquire Warner Bros.
President Donald Trump told NBC News on Wednesday that he will not get involved in Netflix and Paramount Skydance's dispute over owning Warner Bros. Discovery.
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Democrats Blast Bezos Over Washington Post Layoffs
Prominent Democrats criticized Amazon founder Jeff Bezos after hundreds of employees were laid off from The Washington Post on Wednesday, calling the cuts a threat to independent journalism and democratic accountability.
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Google Q4: Internet Giant Grows Stronger in AI Era
Google's latest quarterly report provided further evidence that its internet empire is withstanding an artificial intelligence shakeup that's turning into another potential boon for the company.
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House Subpoenas T-Mobile in Jan. 6 Pipe Bomb Probe
A House select subcommittee investigating unresolved questions surrounding the events at the Capitol on Jan. 6, 2021, has subpoenaed T-Mobile while seeking customer data the congressmen say could be critical to congressional oversight and potential legislative reforms.