With weight-loss drugs that reduce the risk of heart attacks and diabetes potentially improving millions of lives, stock investors have had the somewhat unpleasant task of sussing out the impact on a host of health-care companies.
(Bloomberg) -- Walgreens Boots Alliance Inc. is considering former Cigna Group executive Tim Wentworth to be its next chief executive officer, according to people familiar with the matter.
Federal Reserve Bank of New York President John Williams suggested that the US central bank may be done raising interest rates, though he said policymakers would keep them high for “some time” to bring inflation down to the central bank’s 2% goal.
(Bloomberg) -- Treasury Secretary Janet Yellen said that market prices for Russian oil lately suggest there’s been a reduction in the effectiveness of the Group of Seven’s initiative to limit what Moscow can earn on its exports.
(Bloomberg) -- The Biden administration unveiled plans Friday to hold three auctions for offshore drilling rights over the next five years — angering both climate activists pushing to end the practice and oil industry advocates who want more sales.
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