Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo asked the court to permanently stop Lilly from running the “deceptive” ads and require the drugmaker to issue corrective advertising.
Greer hints new Trump tariffs coming on dozens of countries: ‘Expect action soon’
U.S. Trade Representative Jamieson Greer’s comments the Trump administration could impose new tariffs just as other duties are set to expire.
Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.
U.S., China to hold AI talks in September, Reuters sources say
The talks, a significant outcome of the Trump-Xi summit in May, will likely take place before Xi’s planned visit to the U.S. in September, the sources said.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA’s investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire
The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.
Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.
U.S. condemns China’s ‘dangerous and aggressive’ acts after Philippine sailor injured at disputed shoal
The flare-up came before Rubio is expected to visit Manila for meetings of Southeast Asian foreign ministers, with Chinese diplomat Wang Yi also in attendance.
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
Ships shun Strait of Hormuz as renewed fighting strains key oil corridor
Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week.