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17.01.2025 20:15
Wegovy, Ozempic Targeted by US for Medicare Price Cuts The US plans to slash the price it pays for Novo Nordisk’s Ozempic and Wegovy, the latest drugs to be targeted under legislation that’s expected save the government more than $200 billion over a decade. Sam Fazelli of Bloomberg Intelligence has more.

17.01.2025 20:28
Supreme Court Will Not Block TikTok Shutdown The Supreme Court has upheld a law that requires ByteDance to sell TikTok by January 19 or face a ban in the US, citing national security concerns. Ben Bain has more on “Bloomberg Open Interest.”

17.01.2025 21:25
JCPenney Merges to Form a New Company JCPenney is combining with Sparc Group to form a new retail giant called Catalyst Brands. The merger brings brands including Brooks Brothers, Eddie Bauer and Lucky Brand under the same umbrella. The $9 billion behemoth is launching with more than 1,800 store locations. Marc Rosen, the former chief executive officer of JCPenney and new CEO of Catalyst Brands joins Bloomberg Open interest to talk about the new venture. (Source: Bloomberg)

17.01.2025 21:57
TikTok Will Stay in Business, Says Munster Gene Munster, Deepwater Asset Management managing partner, says he thinks TikTok will stay in business. He talks about how the Supreme Court ruling could impact investors on Bloomberg Technology. (Source: Bloomberg)


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