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Drugs Like Ozempic Created a Gold Rush. These Drugmakers Want In.
Companies developing weight-loss drugs have raised or made deals valued at more than $1.4 billion since about a year ago. Source link
A Buoyant Global Economy Is Starting to Sag
Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt and high interest rates burden
Markets Appear Convinced Fed Can Do a Soft Landing
Stocks surged this past week on evidence that inflation is cooling. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
The Big Question for Managers on AI: Who Gets the Job of Figuring It Out?
Companies create committees and teams to seize on the potential of artificial intelligence as executives debate how best to handle the technology. Source link
Economists Are Cutting Back Their Recession Expectations
Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Source link
Did Elon Musk Really Just Go There? The Long History Behind His Bawdy Humor
This week’s spat with Mark Zuckerberg highlights Musk’s flirtation with blue jokes that has both helped and hindered him. Source link
Canada Woos American H-1B Visa Holders Fed Up with U.S. Immigration System
A move to start offering work permits to foreigners on U.S. H-1B visas seizes on the frustrations of many in the tech industry who are