Novo Nordisk CEO steps down as Wegovy maker faces increased competition
As Novo Nordisk's share price drops, CEO Lars Fruergaard Jorgensen steps down. The company aims to maintain its lead in…
Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition
Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump…
Costco rolls out buy now, pay later for big online purchases through Affirm
Warehouse retailer Costco debuted buy now, pay later installment plans this week for large online purchases through a new partnership…
Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo…
Bitcoin breakout odds climb as all-time highs meet $90K dip warning
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited,…
US Senate will pass Stablecoin bill — Digital Chamber chief
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass…
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to…
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas…
Crypto miner turned AI provider CoreWeave adds billions in market cap
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership…