03:04 PM EDT, 05/15/2024 (MT Newswires) -- Novo Nordisk's ( NVO ) weight-loss drugs Wegovy and Ozempic could bankrupt the US health care system if the prices are not reduced, a report shared by Bernie Sanders, chairman of the Senate Health, Education, Labor and Pensions Committee, Wednesday suggested. The report was commissioned after a study found Novo Nordisk's ( NVO...

CHICAGO (Reuters) - Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd in a meaningful way, CEO Donnie King said on Wednesday, as tight supplies squeeze the meatpacker's beef business. Producers slashed the herd to its lowest level in decades due to high feed costs and drought in the western United States, increasing the prices...

03:13 PM EDT, 05/15/2024 (MT Newswires) -- Brazil states Minas Gerais and Espirito Santo asked a court to more than double the penalty that BHP Group ( BHP ) , Vale (VALE) and their joint venture Samarco must pay for a 2015 dam collapse that left hundreds homeless, Reuters reported. The companies were ordered to pay 47.6 billion reais ($9.26...

03:14 PM EDT, 05/15/2024 (MT Newswires) -- JIADE (JDZG) shares were higher in their debut on the Nasdaq Wednesday after pricing its initial public offering of 2 million shares at $4 apiece for gross proceeds of $8 million. The shares were up more than 12% at $4.51 in recent trading after opening at $4.80. JIADE granted its underwriters a 60-day...