At least 25,000 Americans are beginning treatment with Novo Nordisk’s Wegovy each week and that figure is growing, the company said. The Danish pharmaceutical giant, which has been ramping up production capacity to meet demand, told FOX Business that there are currently “four times” the number of U.S. patients starting…

Job growth sputtered in April as many industries like manufacturing and leisure and hospitality pulled back on hiring.  Employers added 175,000 jobs in April, the Labor Department said in its monthly payroll report released Friday, missing the 243,000 gain forecast by LSEG economists. It marked the worst month for job…

Troubled retailer Rue21 – once a mall staple – filed for Chapter 11 bankruptcy protection, and plans to shutter all its stores and sell all its intellectual property.  This marks the third time the company has filed for bankruptcy as it struggles to continue operating. According to court documents filed in…

Warren Buffett takes center stage in Omaha for Berkshire Hathaway’s annual shareholder meeting on Saturday, as investors size up his expected successor and get a better sense of how the conglomerate plans to grow and deploy cash. The meeting is Buffett’s 60th since he took over Berkshire in 1965. He…

A lucky lottery winner has hit not only one $1 million grand prize, but two in less than three months. Christine Wilson of Attleborough, Massachusetts, learned of her first win back in February.On Feb. 23, Wilson claimed her $1 million grand prize after playing the “Lifetime Millions” $50 instant ticket…

Tesla, Inc., owned by CEO Elon Musk, has filed a lawsuit in India against an Indian battery company called Tesla Power over alleged trademark infringement.  Musk’s Tesla, Inc. sent a cease-and-desist letter to the Gurgaon-based Tesla Power India, which also has a global office in Delaware as Tesla Power USA, two years…

On Wednesday, President Donald Trump gave a barnburner of a speech in Waukesha, Wis., laying out his future economic agenda: strict federal spending controls, extending the successful Trump tax cuts, “drill, baby, drill” and other de-regulation measures.  It is the sort of thing that could launch another Trump economic boom,…

-The jobs data was unexpectedly soft -Fed Chairman Jerome Powell may catch a break -Apple announces record stock buyback, hits naysayers  -Another week of chaotic, anti-Israel protests across campuses nationwide  -Mickey D’s says bigger is better when it comes to burgers -Viking’s IPO cruised onto Wall Street -Another retailer is calling it quits -Kentucky…

The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to increase the audit rates of taxpayers earning over $10 million by more than 50%. That will bring the…

Former Victoria’s Secret model Rosie Huntington-Whiteley, mother of two, announced in a social media post via Instagram that she is stepping down from her role as CCO at Rose Inc, the beauty brand she founded in 2018. The British founder said in the post, “I founded Rose Inc with a…