LONDON — With banners, bullhorns, toy tractors and an angry message, British farmers are descending on Parliament on Tuesday to protest a hike in inheritance tax that they say will deal a “hammer blow” to struggling family farms. U.K. farmers are rarely as militant as their European neighbors, and Britain has not seen large-scale protests…
Novo Nordisk has launched its weight-loss drug Wegovy in China after it was approved by local health authorities in June. It is set to intensify competition with rival Eli Lilly, whose popular weight-loss treatment also got the green light months ago but has yet to go on sale in the world’s second largest pharmaceutical market….
A Donald Trump transition source is denying a report that Tesla CEO Elon Musk had a “massive blowup” at a dinner at Mar-a-Lago. Axios claimed Musk, who was named co-head of a new advisory body known as the “Department of Government Efficiency” (DOGE), has been feuding with Boris Epshteyn, a special assistant to Trump during…
RIO DE JANEIRO — Leaders of the world’s 20 major economies called for a global pact to combat hunger, more aid for war-torn Gaza and an end to hostilities in the Mideast and Ukraine, issuing a joint declaration Monday that was heavy on generalities but short of details on how to accomplish those goals. The…
The maker of Evian spring water, Danone, won the dismissal of a lawsuit challenging its “carbon neutral” claim on bottles, as a US judge reversed his earlier ruling letting the proposed class action proceed. Consumers accused Danone of defrauding them into buying Evian, not knowing that its manufacturing process allowed the release of carbon dioxide into the atmosphere….
The National Highway Traffic Safety Administration said on Monday it has opened two new investigations into Ford recalls, the latest scrutiny by regulators of the No. 2 US automaker. Last week, Ford agreed to a $165 million civil penalty after an NHTSA investigation found the automaker failed to recall vehicles with defective rearview cameras in a timely manner. On Monday,…
Bill Ackman on Thursday listed two of his New York City apartments for sale at a multimillion-dollar loss, according to a report. The billionaire hedge fund manager is seeking to unload two swanky apartments on Manhattan’s Upper West Side for $19.9 million – years after he spent $22 million on the pair, according to New…
The Associated Press said Monday it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet’s staff by about 8% and accelerate a transition to a digital-first organization. The move is part of what is expected to be a dispiriting end-of-year period in the news industry, which…
WASHINGTON — President-elect Donald Trump has chosen Sean Duffy to become transportation secretary in his new administration, positioning him to oversee a complex system that includes pipelines, railroads, cars, trucks, airlines and mass transit systems, as well as funding for highways. Here are some things to know about Duffy. Duffy, 53, is an attorney who…
A losing bidder connected to conspiracy theorist Alex Jones challenged on Monday the Onion’s purchase of Jones’ Infowars website, saying the humor site won a rigged bankruptcy auction and offered half as much cash as its bid. First American United Companies, which is affiliated with Jones’ dietary supplements businesses, asked US Bankruptcy Judge Christopher Lopez in Houston to disqualify the bid by…
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