Tag Archives: Cuts

The GDP report’s case for rate cuts  Axios Trump pushes rate cut as Fed meets, second quarter data released  Reuters Trump tears into Powell as Fed hold rates but says ‘I hear’ cut coming in September  Yahoo Finance Fed meeting looms as Trump celebrates 3% GDP growth, pushes for rate cuts  Fox Business Trump keeps up push for Powell, Fed to lower rates despite …

Shannon Sharpe won’t be returning to ESPN, according to The Athletic, which reported Wednesday the network has parted ways with the Pro Football Hall of Fame tight end and media analyst. The news comes less than two weeks after Sharpe settled a sexual assault lawsuit brought forth by a former romantic partner, who accused Sharpe of sexual assault and battery. …

Hall of Fame tight end-turned-broadcaster Shannon Sharpe will not return to ESPN, a person with knowledge of the decision told The Associated Press on Wednesday. The decision comes less than two weeks after Sharpe resolved a lawsuit that accused him of sexually assaulting a woman during their relationship. The person spoke to the AP on condition of anonymity because the …

Shannon Sharpe, the former NFL star who took a hiatus as a commentator on ESPN‘s “First Take” after he was accused of sexual assault by an ex-girlfriend, is not returning to the sports cabler, Variety has confirmed. The decision by ESPN comes after he settled the lawsuit earlier this month. A person familiar with the matter said Sharpe is not …

EXCLUSIVE: The Warner Bros Motion Picture Group is undergoing 10% cuts, we’ve learned. This follows Monday’s news about how leadership is getting split between the new Warner Bros and Discovery Global. Layoffs are across marketing, distribution, production, strategy, operations and theatre ventures. We hear these cuts have been in the planning since the early part of this year. Leadership assessed …

A divided Fed will keep rates steady, but might signal future cuts  The Washington Post Fed Governors Could Break Ranks as Trump Intensifies Powell Pressure – WSJ  The Wall Street Journal The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue  CNBC Here’s where the economy stands as the Fed makes its interest rate decision  USA Today The Fed …

Novo Stock (NVO) Tumbles. Ozempic, Wegovy Maker Has New CEO, Cuts U.S. Outlook  Barron’s Novo Nordisk shares plunge 17% after Wegovy-maker cuts full-year guidance  CNBC Novo Promotes Insider to CEO After Weight-Loss Drug Slowdown  Bloomberg Europe shares dented as Novo warning burns $92 bln in market cap  Reuters Ozempic And Wegovy Maker Cuts Outlook In Surprise Move, Picks New CEO  Yahoo Finance Source link

Obesity drugmaker Novo Nordisk plunges as it cuts forecasts again  Reuters Novo Nordisk shares plunge 17% after Wegovy-maker cuts full-year guidance  CNBC Novo Lowers Forecast as Weight-Loss Drug Sales Fall Short  Bloomberg.com Ozempic And Wegovy Maker Cuts Outlook In Surprise Move, Picks New CEO  Yahoo Finance Novo Nordisk issues profit warning as competition — legal and otherwise — hits Wegovy, Ozempic  MarketWatch Source link

Medical bottles and a syringe are seen with the Novo Nordisk logo displayed on a screen in the background. Nurphoto | Nurphoto | Getty Images Danish pharmaceutical giant Novo Nordisk on Tuesday cut its full-year sales and profit guidance, citing weaker growth expectations for its blockbuster Wegovy obesity drug in the key U.S. market. The company also named Maziar Mike …

Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts  The New York Times Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump  ABC News Fed expected to keep rates unchanged as it sifts through mixed economic data  Reuters Jerome Powell has a chance to appease Trump with a rate cut, so will …