Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion
By Ernest Scheyder (Reuters) – The U.S. Department of Energy has finalized a $996 million loan for ioneer’s Rhyolite Ridge lithium project, according to documents reviewed by Reuters, an increase of $296 million from a preliminary funding offer and a move
Explainer-What Wegovy’s inclusion in Medicare price negotiation means for patients, company
(Reuters) – The U.S. government on Friday announced a list of 15 prescription medicines targeted for Medicare price negotiations for 2027, which includes Novo Nordisk (NYSE:NVO)’s blockbuster weight-loss drug Wegovy.Here’s what Wall Street analysts say about the inclusion: WHAT IT
WW International starts talks to address balance sheet concerns – Bloomberg
Investing.com — WW International (NASDAQ:WW) Inc. has initiated discussions to address the company’s balance sheet issues, according to Bloomberg, citing sources familiar with the situation. The company, known for its WeightWatchers brand and diet-related products and services, is facing increased
23andMe considers selling its telehealth unit Lemonaid
Investing.com — Genetic testing firm 23andMe is reportedly considering the sale of its telehealth division, Lemonaid Health, according to Business Insider. The company, which has faced financial difficulties, originally acquired the virtual care startup in 2021 for $400 million in
Biden administration posts last-minute rule to curb low-value shipments
WASHINGTON (Reuters) – The Biden administration on Friday issued last-minute proposed rules to curb duty-free imports under the $800 “de minimis” threshold, denying the low-value shipments exemption for goods that are subject to other punitive U.S. tariffs. The move marks a