Alex Ossola

But are there political concerns for some of these business leaders?

Business leaders have been here before, right?

We had Liberation Day.

We had the time before that and after that.

So do they feel like they know how to handle this kind of uncertainty now or does everything feel like it's on the line?

That was journal reporter Chip Cutter.

Thanks so much, Chip.

Shares of Danish drugmaker Novo Nordisk fell more than 16% today after a study found that its next-generation obesity treatment failed to outperform Eli Lilly Zepbound in a head-to-head study.

The results are a setback for Novo Nordisk in its efforts to regain ground lost to Eli Lilly.

Meanwhile, Lilly shares closed up 4.8 percent after the company received regulatory approval for a label expansion for Zepbound.

The company said the drug can now be offered in a multi-dose pen that delivers four weekly injections from a single device, as opposed to the single-dose vials it had been available in before.

Coming up, how U.S.

officials and Iranians are preparing for a possible U.S.

attack on the country.

That's after the break.

Peter Mandelson, the former U.K.

ambassador to the U.S., was arrested today on suspicion of misconduct in public office, as the revelations linked to Jeffrey Epstein continued to send shockwaves through Britain's establishment.

Files released by the U.S.

Justice Department appear to show that Mandelson emailed confidential government correspondence to Epstein, and that Epstein separately wired $75,000 to Mandelson.

Police didn't comment on what their investigation was focused on.