Wegovy-maker Novo Nordisk to cut around 9,000 jobs

Wegovy-maker Novo Nordisk to cut around 9,000 jobs

Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to cut around 9,000 roles, or roughly 11.5% of its global workforce. “Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed…

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Aggressive buybacks are giving some companies an edge, Jim Cramer says

Aggressive buybacks are giving some companies an edge, Jim Cramer says

As buybacks slow across the market, CNBC’s Jim Cramer on Tuesday told investors why he thinks generous share repurchasing is currently working in some companies’ favor, citing a note from Goldman Sachs analyst David Kostin. “Kostin has some great news here: while buybacks have slowed, investors continue to reward companies that aggressively purchase their own…

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Detained South Korean workers to depart U.S. on Wednesday, Yonhap reports

Detained South Korean workers to depart U.S. on Wednesday, Yonhap reports

South Korean workers detained in an immigration raid last week in the U.S. state of Georgia will depart from the U.S. around 1430 local time on Wednesday. Anthony Wallace | Afp | Getty Images South Korean workers detained in an immigration raid last week in the U.S. state of Georgia will depart from the U.S. around 2:30 p.m. local time on Wednesday, Yonhap news agency said,…

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