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'Bubble effect': Weight loss drug fueled growth is putting the pharma sector at risk, report finds - CNBC
Obesity assets represent about 25% of total forecast sales of the late-stage pipeline, while oncology’s share has slipped to 20%, Deloitte found.
Jerome Powell Just Threw President Donald Trump Under the Bus One Last Time Before His Term as Fed Chair Ends - Yahoo Finance
The outgoing Fed chair put the spotlight of higher inflation squarely on the president’s shoulders.
Shares mostly gain in Asia after Wall St hits new records, while oil slips - AP News
Shares are mixed in Europe and Asia, with big gains for computer chipmakers and other tech stocks. Brent crude oil climbed more than $2 as the U.S. launched an effort early Monday to guide ships out of the Strait of Hormuz. Iran rejected the plan, though U.S.…
Samsung family pays off record $8bn inheritance tax bill - BBC
The bill is tied to the estate left by the firm’s late chairman Lee Kun-hee, who died in October 2020.
Airlines slash flights as fuel shortage fears mount - Financial Times
Millions of seats cut as Middle East crisis throws global travel into disarray
Meme Stock GameStop Pitches $56 Billion Takeover of eBay - Bloomberg.com
GameStop Corp. is proposing to buy eBay Inc. for about $56 billion in cash and stock, a bold attempt by Ryan Cohen to take over a storied e-commerce name several times larger.