Author: Jeffery Carter

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly on Tuesday released higher doses of its weight loss drug Zepbound in single-dose vials at as much as half its usual monthly list price to reach more patients without insurance coverage for the blockbuster injection, such as those with Medicare.It expands the company’s effort to boost the U.S. supply of Zepbound as demand soars, and to ensure eligible patients are safely accessing the real treatment instead of cheaper compounded versions. Eli Lilly is now offering higher doses…

President Donald Trump said Monday that sweeping U.S. tariffs on imports from Canada and Mexico “will go forward” when a monthlong delay on their implementation expires next week.”The tariffs are going forward on time, on schedule,” Trump said when asked at a White House press conference if the postponed tariffs on the two U.S. trading partners would soon go back into effect.The president claimed that the U.S. has “been taken advantage of” by foreign nations on “just about everything,” and reiterated his plan to impose so-called reciprocal tariffs.”So the tariffs will go forward, yes, and we’re going to make up…

Hosts Pakistan are ousted after Ravindra and Bracewell help New Zealand to a five-wicket win over Bangladesh in Group A.New Zealand have moved into the semifinals of the ICC Champions Trophy, taking India along with them after a five-wicket win over Group A opponents Bangladesh. Chasing 237 for victory on Monday, New Zealand shrugged off the loss of two early wickets and rode Rachin Ravindra’s classy 112 and Tom Latham’s 55 to get home in 46.1 overs at the Rawalpindi Cricket Stadium in Pakistan. “He’s doing Rachin things. He loves ICC events and looked like he never left the game,”…

Elon Musk speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., Feb. 20, 2025. Nathan Howard | ReutersA federal judge in Maryland on Monday granted a temporary restraining order barring staffers from Elon Musk’s secretive government-slashing effort, the Department of Government Efficiency, from accessing the personal information of millions of student loan borrowers.The order, issued by Judge Deborah Boardman, ruled that the Department of Education and the Office of Personnel Management — the government’s HR department — must stop sharing federal employees’ and student borrowers’ personal data with DOGE officials. It marks a significant limitation on DOGE’s access to…

The Department of Defense took to social media site X to publicly tell its employees to ignore, at least for now, an email requesting a list of their accomplishments for the past week that was touted by Elon Musk on social media.The agency is among a list of U.S. federal agencies pushing back against the email, sent out Saturday from the Office of Personnel Management. The email, sent under the subject line, “What did you do last week?” appears to be the latest step in Musk’s mission of identifying government waste and slashing the federal workforce under the Trump administration’s DOGE.The…

Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry.In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid recovery restored the exchange’s balance and kept customer withdrawals open, it did not account for the stolen crypto.The breach occurred during a routine internal transfer, when Bybit was moving funds from its offline “cold wallet,” designed for secure, long-term storage, to a “warm wallet,” which enables active trading. During that transfer, hackers exploited…

(Bloomberg) — Even before Friday’s slide jolted the US stock market out of its calm, some traders were preparing for unrest. Most Read from Bloomberg While the S&P 500 Index was hovering near an all-time high and the Cboe Volatility Index was well below its five-year average, under the surface a more skeptical picture was shaping up — one that’s been already vindicated by the biggest selloff in two months. Last week, the ratio of outstanding VIX call options relative to puts neared its highest level since September 2023, with more than 1 million calls changing hands on Tuesday. Investors…

Debates over AI benchmarks — and how they’re reported by AI labs — are spilling out into public view. This week, an OpenAI employee accused Elon Musk’s AI company, xAI, of publishing misleading benchmark results for its latest AI model, Grok 3. One of the co-founders of xAI, Igor Babuschkin, insisted that the company was in the right. The truth lies somewhere in between. In a post on xAI’s blog, the company published a graph showing Grok 3’s performance on AIME 2025, a collection of challenging math questions from a recent invitational mathematics exam. Some experts have questioned AIME’s validity…

Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects.For the full year ahead, the company said it expects total sales to grow by 2.8% and comparable sales, which takes out the impact of one-time factors like store openings and calendar differences, to grow by about 1%. Home Depot projected adjusted earnings per share will decline about 2% compared to the prior year.In an interview with CNBC, Chief Financial Officer Richard McPhail said “housing is still frozen by mortgage rates.” Yet he said…

U.S. President Donald Trump speaks to reporters after signing a proclamation renaming the Gulf of Mexico to the Gulf of America, while flying over the gulf aboard Air Force One en route to New Orleans to attend the Super Bowl, February 9, 2025. Kevin Lamarque | ReutersA federal judge on Monday denied a request by the Associated Press to restore full access for the news agency’s journalists after President Donald Trump’s administration barred them for continuing to refer to the Gulf of Mexico in coverage.U.S. District Judge Trevor McFadden, a Trump appointee, declined to immediately grant the AP’s request for a…