Novo sues Lilly amid escalating weight-loss rivalry
Novo Nordisk argued that Eli Lilly’s ads used outdated comparisons for how much weight users lost using the drugs.
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Semafor
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US woes pile up over Iran quagmire
The cost of the Iran war is now estimated at $37.5 billion, US Defense Secretary Hegseth said as he requested more…
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Zelenskyy sacks Ukraine military chief
The move followed widespread protests triggered by the removal of the country’s popular, young defense minister.
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Trump tees up fresh tariffs on 60 more countries
Washington has already hit Canada and Brazil with new levies, amplifying global trade uncertainty.
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Cornyn threatens to sink Trump nominees over PEPFAR
The Texas Republican told Semafor he would not support action on two ambassadorial picks without movement on the…
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Banks pay backhanded compliments to private credit
By putting their own balance sheets and brand names behind these deals, banks are validating the very underwriting…
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Burnham faces Britain's overseas business woes
Many of Britain’s corporate crown jewels make more of their money in the US and fast-growing Asian markets than at home.
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Chinese magnet shipments to US fall despite trade truce
China’s US-bound shipments of rare-earth magnets so far this year are 20% below average levels seen between 2022 and…
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Chinese startup founded by AI pioneer eyes potential IPO
Kai-Fu Lee’s firm is aiming to raise funds ahead of a potential 2027 IPO, joining other AI labs that have gone public…
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BlackRock's M&A spree comes into clear view
“As we originate more and more, then we can go to our clients, like insurance companies, and see much more conversion,”…
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Bets against AI companies spike
The total amount currently bet against shares of the S&P 500 companies recently hit $1.4 trillion, about 3.7% of the…
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How Democrats learned to embrace Native American land acknowledgments
The party has kept to a formal custom that Republicans at times try to turn into a culture-war wedge issue.
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Kimi K3 model highlights China's burgeoning AI efforts
China’s AI were on full display over the last week.
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Governments criticize Chinese naval maneuvers
China blamed the Philippines for the clash at Scarborough Shoal, a disputed part of the South China Sea.
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Homer's 'Odyssey' — in space
Dan Simmons’ Hugo Award-winning novel ‘Ilium,’ from 2003, takes readers to a distant-future Mars.
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Is Walmart backing America’s next financial super-app?
Financial-services app OnePay, valued at $4 billion, thinks it’s found a way around the customer-churn trap that tanks…
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El Niño expected to stress global supply chains
This year’s El Niño weather system, expected to be one of the strongest in decades, could cause a global economic shock…
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Soaring egg prices expose cracks in two-track China economy
Soaring egg prices in China highlight the contrast between the slowing pace of economic growth — which some analysts…
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China tensions set to dominate ASEAN meeting
Major powers criticized China for what the US called “dangerous and aggressive” naval maneuvers in the South China Sea,…
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Abu Dhabi National Oil Company invests in $6.2B domestic gas project
The expansion fits within ADNOC’s global gas strategy and is part of a broader effort to meet rising domestic demand…
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Saudi Arabia bucks Gulf trend on foreign buying
Overseas investors poured $1.6 billion into Saudi Arabia’s stock exchange in the second quarter, the only Gulf market…
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Iran-controlled Hormuz islands back in focus
Lying at the mouth of the Strait of Hormuz, the islands of Abu Musa, Greater Tunb, and Lesser Tunb have come under US…
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Bahrain considers nuclear power option
The potential small modular nuclear power plant would be the first in the kingdom, which holds the Gulf's smallest…
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AI is driving geopolitical instability, officials warn
AI is damaging international relations, according to experts around the world, with Chinese researchers warning it has…
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Geopolitics shape Dems’ energy platform
The two biggest themes in global geopolitics — the rollout of AI and the fallout from the Iran war — look set to…
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Renewed US-Iran strikes stoke global inflation fears
Escalating aerial attacks between the US and Iran meant just 53 ships crossed the Strait of Hormuz in the seven days to…
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Saudi men are drowning in debt
The entry of women into the workforce has made competition in the labor market tougher, adding pressure to Saudi men’s…
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Concerns grow over AI giants' hidden debts
Alphabet, Amazon, Meta, Microsoft, and Oracle have accumulated $1.65 trillion in debt from the data center buildout, up…
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Why China’s savers want out
China’s record trade surplus should boost the currency, but Beijing is trying to ensure the opposite.
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Applied Intuition wants to turn robotics into child’s play
Startup’s new Dana service allows developers to build and test physical intelligence using natural language.
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More US employees are using AI, poll finds
Fifty-two percent of US workers reported using AI in their jobs during the second quarter of this year, according to…
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Senate Democrat proposes universal healthcare for kids
Sen. Andy Kim, D-N.J., is pitching universal health care coverage for children at birth.
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Lebanon’s president pushes Trump on Israel
Lebanese President Joseph Aoun’s US visit marks the first by a Lebanese head of state in nearly 20 years.
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Trump’s Canada tariffs complicate trade talks
The tariffs affect Canadian goods ranging from wine to hockey sticks and will formally take effect in 30 days.
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Darline Graham starts locking in support from Senate Republican leaders
She’s facing two sitting House members in the race for the party’s November nomination.
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First private Indian craft reaches orbit
An Indian company broke the US-China duopoly on commercial spaceflight.
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