Business Update

People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money. Source link

Novo Nordisk slashed its financial forecasts as it struggled to fight off competition in the United States. It also named a new chief executive, who highlighted the “urgency” of the moment. Source link

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. Source link

As a longtime Washington Post reporter and an author of 10 books, he held corporate America accountable for safe pharmaceuticals and cars. Source link

In the latest quarter, higher costs were felt across the company’s vast health operations. Source link

Two top officials are reportedly out of a job, amid reported disagreements within the Justice Department over how it regulates deals. Source link

The gunman in the Manhattan office shooting said in a note that he believed he had C.T.E., a degenerative disease linked by studies to repeated hits to the head. Source link

The International Monetary Fund warned that trade tension continued to be a risk for the global economy. Source link

The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states. Source link

Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates. Source link