Industries

Healthcare

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

Photo by Chemist4U via CC BY-SA 2.0

Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.

2 min read

Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read
Photo by Coolcaesar via CC BY-SA 4.0

Healthcare

Merck Cautiously Enters GLP-1 Fray Via Licensing Deal With Chinese Drugmaker

By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Photo by Policy Exchange via CC BY 2.0

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

2 min read

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