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ECONOMY
Peter Thiel's Fund Completely Eliminates Nvidia Position

Peter Thiel's hedge fund has sold its entire stake in Nvidia amid concerns over an AI bubble.

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ECONOMY
Novo Nordisk Introduces Lower Prices for Wegovy and Ozempic to Compete in Obesity Drug Market

Novo Nordisk lowers prices for Wegovy and Ozempic to $349 and introduces a $199 introductory rate, enhancing market competition in obesity treatments.

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ECONOMY
Japan's Tourism and Retail Stocks Plummet Following Chinese Travel Advisory

Japan's travel and retail stocks have sharply declined after China warned citizens against traveling to Japan amid rising tensions.

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ECONOMY
FAA Lifts Flight Restrictions, Resuming Normal Operations at Major Airports

The FAA has lifted flight restrictions imposed during the government shutdown, allowing airlines to resume normal schedules ahead of Thanksgiving.

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ECONOMY
Hyundai and Samsung Announce Significant Domestic Investments Following U.S. Trade Agreement

Hyundai and Samsung unveil hefty domestic investments amidst a new trade deal with the U.S. aimed at bolstering local manufacturing.

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ECONOMY
Trump Announces Tariff Cuts on Key Food Imports Amid Inflation Concerns

Trump cuts tariffs on beef, coffee, and other food imports to alleviate inflation concerns and high grocery prices for Americans.

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ECONOMY
Walmart CEO Doug McMillon Announces Retirement, Succeeds to John Furner

Doug McMillon will retire as Walmart’s CEO, with John Furner set to succeed him, amidst economic challenges and a transformed retail landscape.

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ECONOMY
Switzerland Secures U.S. Tariff Reduction to 15% and Pledges $200 Billion Investment

Switzerland and the U.S. have reached a trade agreement reducing tariffs to 15%, while Switzerland pledges $200 billion in investments by 2028.

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ECONOMY
Trump Administration Withdraws Biden-Era Airline Compensation Plan for Delays

Trump administration ends proposed plan requiring airlines to compensate passengers for delayed flights, citing regulatory burdens.

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ECONOMY
Singapore Airlines' Profit Falls 68% Amid Air India's Losses

Singapore Airlines reports a 68% drop in profit, driven by losses from Air India and rising operational costs.

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