Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair loss, launched a weight loss program in December. But GLP-1 medications — such as Ozempic and Wegovy, which have skyrocketed in ...
Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The retailer said in its latest earnings report that overall customer traffic fell 1.9%, while the average amount that customers spent on those visits also dropped 1.9%. The company’s stock declined Wednesday morning as its profit missed Wall Street’s ...
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans. The Seattle-based tech and retail giant will launch a more conversational version of Alexa later this year, potentially positioning it to better compete with new generative AI-powered chatbots ...
Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast had been for a slight gain. Sales were also down from April 2023, off 1.9% from last year. These sales are based on closings, so contracts likely signed in February ...
In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast first-round and quarterfinal College Football Playoff games. Warner Bros. Discovery’s TNT will carry two first-round games this year and next year and will add two additional quarterfinals games starting in 2026. Disney also has an option to sublicense a semifinals game ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from the April 30-May 1 policy meeting of the Federal Open Market Committee released Wednesday indicated apprehension from policymakers about when it would be time to ease. The meeting followed a slew ...
Greater spotted eagles are already a species under threat. Now, scientists have found that they have been facing yet another danger: the war in Ukraine. Eagles have been exposed to conflict events while migrating through Ukraine, forcing them to deviate from their usual flight path, according to a study published Monday in the journal Current Biology. Listed as “vulnerable” by ...
President Joe Biden’s Environmental Protection Agency threw down a gauntlet on climate this spring, pushing carmakers toward electric vehicles, cracking down on natural gas leaks and forcing power plants to get their planet-warming pollution under control. The new rules could prevent billions of tons of climate pollution from entering the atmosphere from America’s dirtiest industries – pollution that is rapidly ...
Spain, Norway and Ireland have announced plans to formally recognize a Palestinian state, in a move that is likely to bolster the global Palestinian cause but strain relations with Israel. Palestinian statehood has been recognized by more than 130 out of 193 member states of the United Nations, according to the Palestine Liberation Organization. “Today, Ireland, Norway and Spain are announcing ...
Anger is growing in India after a teenager who allegedly killed two people while drunk driving was ordered to write an essay as punishment, with many demanding a harsher penalty and accusing the judiciary of leniency. The 17-year-old boy was allegedly speeding in a Porsche in the city of Pune on Sunday when the vehicle hit a motorcycle, killing two people, ...