Luke Vargas
👤 SpeakerAppearances Over Time
Podcast Appearances
Bitcoin is today trading right around that price.
Shares of Danish drugmaker Novo Nordisk are plunging this morning after the maker of weight loss drugs Ozempic and Wegovi shaved its sales forecast yesterday.
and warned of unprecedented pricing pressure.
Journal Heard on the Street columnist David Wehner told me that Novo is facing intense competition from Eli Lilly, reshaping a GLP-1 drug market that looked vastly different just a few years ago.
David, these GLP-1 pills may be, as you say, an exciting new frontier, but the list prices we're seeing for them kind of underscores the pricing pressure you've been talking about.
Novo selling them for $149 a month in the U.S., Eli Lilly planning to do the same.
That's a far cry from the $1,000 or so a month that these companies have been charging for shots.
Eli Lilly, the maker of Zepbound, is set to report earnings later this morning.
Coming up, we'll look at President Trump's diplomatic pivot with Colombia and why China is banning retractable car door handles.
Those stories and more after the break.
President Trump is doubling down on his view that Republicans should nationalize voting in the U.S.
Flanked by congressional Republicans in the Oval Office, Trump hit out at battleground states as places of alleged corruption without citing specific evidence and questioned whether they should continue to run their own elections as the Constitution spells out.
Democrats and top Republicans in Congress have opposed Trump's suggestion.
Meanwhile, President Trump appears to have backed off threatened military action against Colombia.
After a year of trading insults and feuding over counter-drug and immigration policy, Trump welcomed Colombian President Gustavo Petro to the White House yesterday.
The press were blocked from their Oval Office sit-down, but Trump called the meeting productive, and Petro emerged from the White House with a red MAGA hat in hand, saying that things had ended on an optimistic and positive note.
Officials have been working behind the scenes for months to reset relations with one of Washington's most important security partners in Latin America.
And finally, could retractable car door handles soon go the way of the Dodo?
The staple of many EVs meant to increase aerodynamic efficiency are facing increased safety concerns.
And authorities in China this week banned their use starting next year, saying that new cars would need to have both internal and external handles that can be mechanically opened.