David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV on Monday. The company is set to release key late-stage trial data on the drug, orforglipron, by the middle of this year. Eli…
South Korea’s constitutional court has held its first hearing to decide if suspended President Yoon Suk Yeol should be removed from office after his shock martial law attempt last month. It ended within four minutes because of Yoon’s absence – his lawyers had earlier said he would not attend for his own safety, as there…
Chinese social media app RedNote has skyrocketed to the top of Apple’s app store, underscoring concerns that TikTok will soon be effectively banned in the U.S. RedNote, or Xiaohongshu, as it’s known in China, is the No. 1 free app on the Apple app store as of Monday, followed by TikTok’s photo-sharing Lemon8 app and…
The Queensland premier, David Crisafulli, has said his government intends to make “many more” changes to the state’s hardline youth justice laws, after the arrest of a 13-year-old accused of stabbing a supermarket worker. Police alleged the boy attacked the woman with a knife at the Yamanto shopping centre in Ipswich, south-west of Brisbane, on…
New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales…
Scott Olson | Getty Images Two Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges by the Securities and Exchange Commission that they violated more than 10 separate securities law provisions related to their brokerage operations. The violations by Robinhood Securities LLC and Robinhood Financial LLC related to failures to…
Jessica Simpson and Eric Johnson have split after a decade of marriage. Jessica told PEOPLE … “Eric and I have been living separately navigating a painful situation in our marriage. Our children come first, and we are focusing on what is best for them. We are grateful for all of the love and support that…
Freshman Ace Bailey totaled 20 points and 10 rebounds and Rutgers beat UCLA 75-68 on Monday night, ending the Scarlet Knights’ three-game losing streak by extending the Bruins’ skid to four. Bailey made 7 of 13 shots with a 3-pointer and all five of his free throws for Rutgers (9-8, 2-4 Big Ten Conference). He…
TikTok has called a report that China is considering allowing a sale of the social media company’s US operations to Elon Musk “pure fiction.” The firm’s comments came in response to a report by Bloomberg that Chinese officials are weighing an option that could see its business in America being sold to the world’s richest…
Nine of Sydney’s northern beaches have been closed after ball-shaped debris washed ashore. The Northern Beaches council on Tuesday advised beachgoers to avoid Manly, Dee Why, Long Reef, Queenscliff, Freshwater, North and South Curl Curl, North Steyne and North Narrabeen beaches until further notice. In a post on Facebook, the council said it was working…
