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Source: Reuters News Agency
4 weeks ago
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600,000 seniors have signed up for obesity drugs under new Medicare program

600,000 seniors have signed up for obesity drugs under new Medicare program

U.S. Centers for Medicare and ​Medicaid Services Administrator ‌Dr. Mehmet Oz said on ​Monday that 600,000 ​seniors have signed ⁠up to receive ​GLP-1 weight loss ​medications in the first two months of ​a new ​federal program created to expand ‌access ⁠to the highly sought-after treatments.

Source: Reuters
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Source: Reuters News Agency
4 weeks ago
General Medium Importance AI Analyzed
Fed's Warsh says past global savings glut is turning into investment surge

Fed's Warsh says past global savings glut is turning into investment surge

U.S. Federal Reserve Chairman Kevin Warsh on Monday told G20 ‌finance leaders that the world is seeing a global investment surge that is helping to power growth, reversing past savings gluts that kept capital in low-yielding instruments amid a shortage of investment opportunities.

Source: Reuters
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Source: Bloomberg Technology News Agency
4 weeks ago
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Madrona's IA40 List Highlights the Next Generation of Tech Leaders

Madrona's IA40 List Highlights the Next Generation of Tech Leaders

The IA40 list from Madrona is back, spotlighting the private companies shaping the next phase of AI. Matt McIlwain, managing director at Madrona, explains how the list is assembled, why OpenAI, Anthropic and Databricks dominate AI fundraising, and how a successful Anthropic IPO could open the door for a new wave of public offerings in 2027.

Source: Bloomberg Technology
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Source: Bloomberg Technology News Agency
4 weeks ago
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Radiant Wins $750 Million US Army Nuclear Reactor Deal

Radiant Wins $750 Million US Army Nuclear Reactor Deal

Radiant has won a $750 million US Army contract to provide 15 portable nuclear microreactors under the Janus program. President and COO Tori Shivanandan discusses the technology behind the reactors, the military's push for resilient energy, and what Radiant needs to do next to scale production.

Source: Bloomberg Technology
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Source: Seeking Alpha News Agency
4 weeks ago
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Bessent Is Right To Call For Rebalance As EU Trade Deficits With China Surge

Bessent Is Right To Call For Rebalance As EU Trade Deficits With China Surge

China's export overcapacity and weak domestic demand are fueling global trade imbalances, prompting G20 calls for rebalancing and EU threats of action. Rising trade deficits, especially in the EU, risk suppressing domestic industries and wages, potentially leading to import substitution policies and increased market turbulence.

Source: Seeking Alpha
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Source: Bloomberg Markets and Finance News Agency
4 weeks ago
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Wells Fargo Says Canada's Steel Retaliation `Irrelevant'

Wells Fargo Says Canada's Steel Retaliation `Irrelevant'

Timna Tanners, an analyst for Wells Fargo & Co., says Canada's retaliatory steel tariffs are mostly ``for show'' because the trade war with the US already has made American imports too costly. She speaks with Dani Burger and Sally Bakewell on Bloomberg's ``Open Interest.

Source: Bloomberg Markets and Finance
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