ibt-mailDec 13, 2024, 9:48 AM

RFK Jr. Weighs In On Weight-loss Drugs As Stocks Respond

Newsletter Dec 13, 2024 Quick Six RFK Jr. weighs in on weight-loss drugs as stocks respond Robert F. Kennedy Jr.'s controversial views on GLP-1 (glucagon-like peptide-1) weight loss drugs sent fear

Newsletter Dec 13, 2024

Quick Six

RFK Jr. weighs in on weight-loss drugs as stocks respond
Robert F. Kennedy Jr.'s controversial views on GLP-1 (glucagon-like peptide-1) weight loss drugs sent fear through the booming industry. Kennedy, who is President-elect Donald Trump pick to lead the Department of Health and Human Services, said that lifestyle changes like healthy eating and avoiding obesity should be the primary approaches to weight management. Kennedy, a critic of the food and pharmaceutical industries, said GLP-1 drugs like Novo Nordisk's Wegovy and Ozempic and Eli Lilly's Zepbound and Mounjaro should be limited to address weight loss.
THE IMPACT OF RFK JR'S WORDS ON BIG PHARMA STOCK

Food fight: Kroger, Albertson battle after $25B merger sours
A proposed $25 billion supermarket mega-merger disintegrated in bitter recriminations between Albertsons and former suitor Kroger after two US court rulings blocked the deal, siding with antitrust regulators who argued that it was bad for consumers. Albertsons announced it was terminating the transaction and seeking billions of dollars in damages because of Kroger's "willful" breach of contract in failing to exercise "best efforts" to close the deal.
THE LEGAL ARGUMENTS IN A FOOD DEAL THAT WENT BAD

YouTube TV angers customers with massive rate increase
Social media users reacted with shock and horror after discovering that YouTube TV will cost nearly $1,000 annually in the new year. In messages shared to YouTube TV subscribers, as well as to YouTube TV's X account, the broadcaster announced that it will raise prices from $72.99 per month to $82.99 per month starting Jan. 13, 2025. The change is immediate for new users.
SEE SOCIAL MEDIA COMMENTS ABOUT THE PRICE HIKE

You Might Like

Markets

DJIA	43,914.12	-0.53%
S&P 500	6,051.25	-0.54%
Nasdaq Composite	19,902.84	-0.66%
Japan: Nikkei 225	39,515.76	-0.84%
UK: FTSE 100	8,311.76	0.12%
Crude Oil Futures	69.93	-0.13%
Gold Futures	2,705.80	-0.13%
Yen	152.91	0.17%
Euro	1.05	0.11%
* As of market close

FBI's repuation 'in the commode': Conner

The FBI faces mounting criticism as House Oversight Chairman James Comer said its reputation is "in the commode," following Director Christopher Wray's resignation and the nomination of Kash Patel as his successor. Wray's tenure as FBI director has been marred by scandals, including claims of politicization, investigative missteps, and erosion of public trust. Polls indicate declining confidence in the agency, fueled by high-profile failures in mishandling threats and alleged weaponization of the FBI, leading to bipartisan scrutiny and calls for reform.

TRUMP PICK PATEL SPENT CHARITY FUNDS ON MAGA MERCH

Biden grants clemency to record high 1,500

President Joe Biden is commuting the sentences of about 1,500 individuals and pardoning 39 people convicted of non-violent crimes in the largest single-day act of clemency in modern history, the White House said Thursday. The individuals receiving commutations served out their at least one-year sentences during the COVID-19 pandemic and were deemed to have successfully reintegrated into the community and have secured employment. Biden said he will review additional pardons and commutations before leaving the White House on Jan. 20.

THE COMPLETE LIST OF BIDEN PARDONS AND COMMUTATIONS

Amazon, Meta give $1M to Trump Inaugural

Not to be outdone by big-tech rival Meta, Amazon plans to donate $1 million to President-elect Donald Trump's Inaugural Fund, according to reports. Billionaire Jeff Bezos, who founded Amazon and has been at odds with Trump in the past, is the latest tech mogul to jump aboard the Trump train before his second term in office. After Meta CEO Mark Zuckerberg reportedly made the same million-dollar donation to Trump's inauguration party fund, Amazon decided to follow suit.

SEE WHY TECH BILLIONAIRES ARE SCHMOOZING UP TO TRUMP

Extra point

Name the first president to have an inaugural ball. Where was it held?

Thursday's answer: According to climate data, core ice samples in the Arctic Circle show the Earth hasn't been this warm in 125,000 years.

In partnership with Exodus Movement, Inc.- US 1.

Get All Your Crypto Needs In One Nifty Virtual Wallet: The Exodus Web3 Wallet

"New to the crypto game? The Exodus Web3 Wallet, offers a unique access code to a decentralized financial system, which enables you to send, receive, and manage bitcoins with a few simple taps."

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe.

IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States

You may unsubscribe or change your contact details at any time.

Latest Emails from ibt-mail

ibt-mail

Jan 16, 2025, 1:01 PM

$XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years

Newsletter Jan 16, 2025 $XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years $XRP has once again hit a new milestone, breaking $3 for the first time in since 2018 even as the SEC

Read full newsletter →

ibt-mail

Jan 16, 2025, 9:56 AM

Celebrations Erupt In Gaza After US Helps Broker Ceasefire

Newsletter Jan 16, 2025 Quick Six Celebrations erupt in Gaza after US helps broker ceasefire Qatar and the US announced a ceasefire and hostage-release deal between Israel and Hamas on Wednesday,

Read full newsletter →

ibt-mail

Jan 16, 2025, 5:44 AM

Outrage As LA Millionaires Pay Up To $10,000 Daily For Private Firefighters To Protect Their Homes

Newsletter Jan 16, 2025 Welcome to your January 16 newsletter... Wealthy Los Angeles residents are reportedly paying up to $10000 a day for private firefighters to protect their homes, sparking outrage

Read full newsletter →

ibt-mail

Jan 15, 2025, 12:45 PM

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Newsletter Jan 15, 2025 Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order Bitcoin climbed above $97000 Tuesday night amid a report that Donald Trump will sign an executive

Read full newsletter →

ibt-mail

Jan 15, 2025, 9:56 AM

Ban Or Buyout? The Clock Is Ticking On TikTok In The US

Newsletter Jan 15, 2025 Quick Six Ban or buyout? The clock is ticking on TikTok ban in the US TikTok faces an imminent shutdown in the US after Congress passed a law last year forcing Chinese owner

Read full newsletter →

ibt-mail

Jan 15, 2025, 6:05 AM

UK Industries Brace For £2.5B Blow From Trump's Tariff Threats: Which Sectors Are At Risk?

Newsletter Jan 15, 2025 Welcome to your January 15 newsletter... The UK could face a £2.5 billion blow as Donald Trump's tariff threats target major industries like automotive, agriculture, and

Read full newsletter →

ibt-mail

Jan 14, 2025, 1:16 PM

The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued

Newsletter Jan 14, 2025 The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued In the wild world of crypto, some altcoins have made significant progress than others – at

Read full newsletter →

ibt-mail

Jan 14, 2025, 9:46 AM

Biden Pushing For Gaza Ceasefire, Hostage Deal Before Week's End

Newsletter Jan 14, 2025 Quick Six Biden pushing for Gaza deal before his administration ends A Gaza truce and hostage release deal is close and could be finalized in the final week of President Joe

Read full newsletter →

ibt-mail

Jan 14, 2025, 5:51 AM

Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis

Newsletter Jan 14, 2025 Welcome to your January 14 newsletter... Mark Cuban, known from Shark Tank, believes Bitcoin is a better option than gold during an economic crisis. He views Bitcoin as a

Read full newsletter →

ibt-mail

Jan 13, 2025, 12:44 PM

$UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod

Newsletter Jan 13, 2025 $UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod Unicorn Fart Dust was created by a YouTuber who lost sponsorships since the memecoin's launch,

Read full newsletter →

ibt-mail

Jan 13, 2025, 9:37 AM

Trump Slams Handling Of LA Wildfires As Wind Fuels Flames

Newsletter Jan 13, 2025 Quick Six Trump slams handling of LA wildfires as wind fuels flames President-elect Donald J. Trump escalated his criticism of the officials managing the Los Angeles wildfires,

Read full newsletter →

ibt-mail

Jan 13, 2025, 5:45 AM

Elon Musk Posts 'DEI Means DIE' As California Burns After Officials Spent $500M On DEI Initiatives

Newsletter Jan 13, 2025 Welcome to your January 13 newsletter... Elon Musk posted "DEI means DIE" amid wildfires in California, criticizing the state's $500M investment in Diversity,

Read full newsletter →