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Tag: business news

Hims & Hers faces scrutiny from senators on Super Bowl ad that ‘risks misleading’ patients

Posted on February 7, 2025 By Admin No Comments on Hims & Hers faces scrutiny from senators on Super Bowl ad that ‘risks misleading’ patients
Hims & Hers faces scrutiny from senators on Super Bowl ad that ‘risks misleading’ patients

Hims & Hers is facing scrutiny from lawmakers over an advertisement for its weight loss offerings that’s slated to run during the Super Bowl on Sunday. Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., wrote a letter to the U.S. Food and Drug Administration on Friday expressing concerns over an “upcoming advertisement” that “risks misleading…

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Health

Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?

Posted on January 21, 2025 By Admin No Comments on Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?
Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?

The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) on Dec. 5th, 2023. NYSE Group A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. I’m back in New York City after spending nearly a…

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Health

India mobility sector to surpass $600 billion by 2030: Report – The Times of India

Posted on January 18, 2025 By Admin No Comments on India mobility sector to surpass $600 billion by 2030: Report – The Times of India
India mobility sector to surpass $600 billion by 2030: Report – The Times of India

The Indian mobility industry is projected to surpass $600 billion by 2030, according to the Think Mobility report released by Google and Boston Consulting Group (BCG) at the Bharat Mobility Auto Expo.The report highlights India’s unique trajectory in the mobility sector, with traditional and emerging revenue streams shaping a departure from global trends.The report reveals…

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Business

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

Posted on January 1, 2025 By Admin No Comments on Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India
Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…

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Business

These innovative biotech stocks have a good chance of breaking out in 2025

Posted on December 29, 2024 By Admin No Comments on These innovative biotech stocks have a good chance of breaking out in 2025
These innovative biotech stocks have a good chance of breaking out in 2025

Trends may be shifting in favor of biotech stocks in 2025 after several years of poor performance, but it would still be wise to place your bets carefully on some of the most innovative names. “We’re still optimistic on the outlook for biotech,” said Stacey Sears, senior vice president and portfolio manager at Emerald Advisors,…

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Health

Stock market today: BSE Sensex plunges over 1,000 points; Nifty50 below 24,000 – Times of India

Posted on December 19, 2024 By Admin No Comments on Stock market today: BSE Sensex plunges over 1,000 points; Nifty50 below 24,000 – Times of India
Stock market today: BSE Sensex plunges over 1,000 points; Nifty50 below 24,000 – Times of India

Trading today will be influenced by the US Federal Reserve’s latest decision. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While BSE Sensex went below 80,000, Nifty50 also plunged below 24,000. At 9:17 AM, BSE Sensex was…

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Business

UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’

Posted on December 13, 2024 By Admin No Comments on UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’
UnitedHealth Group CEO addresses Brian Thompson death, says health-care system is ‘flawed’

Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” in the Dirksen Building in Washington, D.C., on May 1, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images UnitedHealth Group CEO Andrew Witty on Friday mourned…

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Health

NHAI to issue green bonds worth Rs 1k crore – Times of India

Posted on December 6, 2024 By Admin No Comments on NHAI to issue green bonds worth Rs 1k crore – Times of India
NHAI to issue green bonds worth Rs 1k crore – Times of India

NEW DELHI: In a first for the road sector, NHAI on Thursday said it will issue Rs 1,000 crore green bonds in second week of Dec to raise funds to implement environment-friendly steps on Delhi-Mumbai Expressway (DME) project.“This fund will be used for activities such as expenditure on avenue plantation, median plantation, construction of animal…

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Business

Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau

Posted on November 26, 2024 By Admin No Comments on Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau
Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the company races…

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Health

NTPC bets on large projects for 60 gigawatt solar dream – Times of India

Posted on November 20, 2024 By Admin No Comments on NTPC bets on large projects for 60 gigawatt solar dream – Times of India
NTPC bets on large projects for 60 gigawatt solar dream – Times of India

NEW DELHI: NTPC will focus on gigawatt (GW)-scale solar power projects and limit wind and battery storage projects to 10% of its renewable portfolio as the country’s largest coal-fired power producer chases a green dream of adding 60 GW green capacity by 2035.“NTPC is in generation, not distribution business. In large solar projects (usually in…

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Business

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