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Short sellers are becoming relevant again, says Third Point LLC’s Dan Loeb, as opportunities are emerging to bet against the crowded trades that have punished bears for years.

Spirit Airlines has reached a deal with its creditors and expects to emerge from bankruptcy as a slimmer airline — and one not solely focusing on budget air travelers.

Novo Nordisk executive vice president of U.S. operations Dave Moore discusses the drugmaker’s newly launched once-daily oral weight-loss pill on ‘The Claman Countdown.’ Novo Nordisk on Tuesday announced plans to cut the list price of its popular diabetes and weight-loss drugs Ozempic and Wegovy by as much as 50% in the U.S. next year. The Danish drugmaker indicated the price cuts will be effective on January 1, 2027, and the timing will coincide with new, lower prices for Ozempic and Wegovy under Medicare plans for older Americans.The company’s announcement indicated the list price for various doses of its Ozempic and Wegovy…

These are the stocks posting the largest moves in midday trading.

Days after JPMorgan Chase & Co. admitted to debanking President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve seeks comments on its proposal that would stop government supervisors from pushing banks to sever ties with lawful customers based on their activities, including crypto companies.”We have heard troubling cases of debanking — where supervisors use concerns about reputation risk to pressure financial institutions to debank customers because of their political views, religious beliefs or involvement in disfavored but lawful businesses,” including cryptocurrency, said Vice Chair for Supervision Michelle W. Bowman.”Discrimination by financial institutions on these…

shares surged on Tuesday after the chipmaker announced a landmark strategic partnership with to deploy up to 6 gigawatts of AMD Instinct GPUs powering Meta’s next generation of AI infrastructure. The deal, worth up to $60 billion over five years, marks one of the largest chip supply agreements in the semiconductor industry and represents a significant milestone for AMD’s efforts to compete with dominant rival Nvidia. The partnership also grants Meta warrants to purchase up to 160 million AMD shares, potentially turning the social media giant into a major stakeholder in the chipmaker. The announcement sent AMD shares soaring as…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Reform UK government would consolidate local council pension schemes into a near-£500bn “sovereign wealth fund” that it claims would boost economic growth by investing in British businesses.Reform deputy leader Richard Tice said it would be one of the top eight largest funds in the world and could generate an annual surplus of between £20bn and £30bn a year.“It will have a strategic British growth mandate,” he said, as he accused the existing local government pension scheme of being “disparate, uncoordinated” and…

The cost of healthcare in the United States is on the rise in a big way. In its 2026 healthcare outlook, the Big Four accounting firm PricewaterhouseCoopers (PwC) made strong statements confirming this reality. “The US healthcare system is heading into another year of powerful inflationary forces exerting pressure, with few deflationary forces in sight.” PwC estimates that in 2024, group insurance medical costs rose by 8.5%. Prior to this, costs had not risen so quickly since 2012. PwC says costs rose by 8.5% again in 2025 and sees another year of 8.5% growth in 2026. In this context, Hinge…

Elevate Iowa, a program of the Iowa Association of Business and Industry Foundation, is now accepting applications for its 2026 Elevate Scholarship Program, which awards 15 $500 scholarships to Iowa high school seniors pursuing advanced manufacturing education at one of the state’s 15 community colleges. The program aims to support students entering fields such as welding, CNC machining, industrial automation and robotics. Applications are due by March 29, with full details available at the Iowa ABI website.

The Central Bank of Hungary Hungary’s central bank has cut rates for the first time in 16 months.The Central Bank of Hungary (MNB) justified its decision to ease policy 25 basis points to 6.25% by saying annual inflation had fallen to 2.1% in January and had therefore developed in line with the bank’s December projections.The MNB’s governor, Mihály Varga, also cited “improving base effects” in price growth. Varga said inflation had eased primarily thanks to the forint’s appreciation over the past year, and that a 25bp cut Only users who have a paid subscription or are part of a corporate…