The U.S. government said Tuesday it negotiated a 71% discount off of the list price of Novo Nordisk A/S’s blockbuster drugs Ozempic and Wegovy for patients in Medicare, the federal health insurance program for the elderly.

Medicare plans already get significant rebates and discounts off of drug company’s list prices, but the government ...Read more

Alibaba Group Holding Ltd. posted better-than-projected 34% revenue growth in its cloud business, offsetting a plunge in profit after the company unleashed spending on consumer subsidies and data centers to ride an AI boom.

The cloud division, which houses the flagship Qwen platform, propelled overall revenue 5% higher to 247.8 billion yuan ($...Read more

KASSON, Minn. — There’s a little-known legume that blooms brilliant pink flowers and brings all sorts of benefits to both the soil it grows in and the animals that graze on it.

It’s called sainfoin, and Mary Hartman is building an industry on it.

“This is going to be the forage of the future,” she said.

Hartman’s business, ...Read more

Feeding the community was always in her family’s blood.

From church gatherings to potlucks, Lillian Rambus’ grandmother’s sweet potato pies and other dishes would delight those who were lucky enough to partake.

So when Rambus and her mom, Barbara Collins, teamed up to fulfill their dream of opening a soul food restaurant, Simply Soulful,...Read more

Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing doubts that had tipped the odds against a move as recently as last week and setting the stage for gains in U.S. bonds.

The amount of new positions held by traders in futures contracts tied to the central bank’s benchmark...Read more

U.S.-China collaboration in technology research has fallen steadily to the lowest in 20 years, a shift an Australian think tank warns could reshape global innovation vital to security and economic growth.

Only a quarter of China’s collaborations involve American researchers, down from over half a decade ago, according to the Australian ...Read more

A federal judge ruled that OpenAI needs to turn over all its internal communications with lawyers about why it deleted two massive troves of pirated books from a notorious “shadow library” that the tech company is accused of using to train ChatGPT.

Manhattan Federal Court Magistrate Judge Ona Wang ruled Monday that the tech giant’s ...Read more

You don’t have to look far to find predictions for the future of interest rates. While it’s wise to keep an eye on whether experts believe that rates are poised to rise or fall — the movements can play a big role in how much it costs to buy a home or a car — there are some decisions you can feel confident in making without worrying about...Read more

HP Inc. gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools.

The PC and printer maker will exit 2028 with gross savings of $1 billion annually as a result of the cuts. The savings will come from HP applying AI tools to areas ...Read more

For years, this scenic Russian River Valley enclave has worked to foster a community supportive of local businesses, in part, by making it difficult for large chains to move in.

In 2018, Sebastopol leaders created an outright ban of certain chain businesses — particularly restaurants and hotels — from its downtown.

But this month, one of ...Read more

A lawsuit filed Tuesday in Philadelphia accused Jefferson Health of violating federal labor rules when it laid off 1% of its 65,000 employees in October and this month without providing a 60-day notice.

The purported class action lawsuit says the proposed lead plaintiff, Ciara Brice, lost her job as a medical assistant on Nov. 12 with no notice...Read more

SAN JOSE, Calif. — Commercial leasing activity jumped in Silicon Valley during the third quarter of 2025 and development activity rose at a modest pace as owners of commercial properties scout for an elusive market rebound, a new report shows.

Santa Clara County, San Mateo County, and Fremont commercial property leases totaled 20.4 million ...Read more

U.S. wholesale inflation picked up in September from a month earlier on higher energy and food costs that offset more modest advances in other consumer goods.

The producer price index rose 0.3% from a month earlier after easing in August, according to the Bureau of Labor Statistics. The increase matched the median projection in a Bloomberg ...Read more

Best Buy is starting to see signs that consumers are ready to trade in electronics they bought during the pandemic. But with economic uncertainty still weighing on shoppers, many are holding out for better deals before upgrading.

The Richfield, Minn.-based retailer has been waiting for several trends to turn in its favor, including new tech ...Read more

U.S. consumers showed signs of fatigue leading up to the longest government shutdown, and their outlook has worsened ever since, sending a note of caution heading into the holiday-shopping season.

Retail sales, not adjusted for inflation, rose a tame 0.2% in September after several months of more robust spending, according to data released ...Read more

CHANHASSEN, Minnesota — Keeping Parker McEnaney smiling has required well over a dozen expensive drugs, a medevac flight to California and the expertise of just about every specialty team at M Health Fairview Masonic Children’s Hospital in Minneapolis.

A cord snaking into the 3-year-old’s grippy sock connects to a device reading her pulse...Read more

On Feb. 14, 2022, a Starbucks manager pulled Michaela Sellaro aside for a meeting.

Just a few weeks earlier, Sellaro and a group of her fellow baristas at the coffee shop at 2975 East Colfax Ave. in Denver informed the company’s CEO that they planned to organize a union.

In the early afternoon, at a table by the windows, the store and ...Read more

Across Washington state, people have found creative ways to cobble together a livable income by working multiple jobs.

But some people seeking extra work find themselves facing an unexpected obstacle: their employers.

Many companies curtail the ability of their employees to “moonlight,” as the practice is commonly known, particularly for ...Read more

Hollywood movies have featured flying taxis for decades, but it wasn't until this month that a Silicon Valley company invested in a real-world hub for futuristic flying machines in Los Angeles.

Archer Aviation is building electric vertical takeoff and landing aircraft, or eVTOL, to shuttle small groups over dense urban areas. The company is ...Read more