A U.S. judge rejected a bid by compounding pharmacies to keep making copies of Novo Nordisk’s popular drugs Ozempic and Wegovy while a legal challenge over drug shortages unfolds.
Read More Ozempic copies restricted after US judge denies injunction
Category: Business
Jack in the Box explores Del Taco sale in strategic review, halts dividend; shares fall
Jack in the Box is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new CEO Lance Tucker.
Read More Jack in the Box explores Del Taco sale in strategic review, halts dividend; shares fall
Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash
Tesla and lawyers for the estate disclosed the settlement in a filing on Monday in federal court in San Francisco but did not reveal its terms.
Read More Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash
DHL to suspend global shipments of over $800 to US consumers
DHL blamed the halt on new U.S. customs rules which require formal entry processing on all shipments worth over $800.
Read More DHL to suspend global shipments of over $800 to US consumers
US single-family housing starts tumble to an eight-month low in March
U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates.
Read More US single-family housing starts tumble to an eight-month low in March
BofA stock surges after boosting profit on trading gains, interest income
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Read More BofA stock surges after boosting profit on trading gains, interest income