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Federal court blocks Trump from sacking Lisa Cook
US President Donald Trump cannot oust Federal Reserve governor Lisa Cook from her role, a federal appeals court has ruled. The 2-1 ruling on Monday is a blow to Trump as it means Cook can now stay in place for the Fed’s policy meeting on Tuesday and Wednesday, where it is expected to cut US…
Murdochs reach deal in succession battle
A years-long succession battle within Rupert Murdoch’s conservative media empire has drawn to a close, with his son Lachlan set to control the news group. The deal, which the family announced on Monday, will ensure the ongoing conservative leaning of Fox News, The Wall Street Journal and The New York Post even after 94-year-old Rupert’s…
Ben & Jerry’s co-founder says Unilever blocked Palestine-themed ice cream
The co-founder of ice cream maker Ben & Jerry’s says that its parent company Unilever blocked it from launching an ice cream flavour that expressed “solidarity with Palestine”. Ben Cohen announced that he will independently create the new flavour as part of a personal series highlighting causes the company has been barred from addressing publicly….
Wegovy pill approved by US FDA for weight loss
The US Food and Drug Administration (FDA) has approved a pill version of the weight-loss drug Wegovy, according to pharmaceutical giant Novo Nordisk. It is the first pill of its kind to receive approval from the regulator, marking a new era for weight-loss drugs. Wegovy’s Danish makers Novo Nordisk said the once-daily pill was a…
US considers lifting sanctions on some Iranian oil
“To put it mildly, this is bananas,” said David Tannenbaum, director of Blackstone Compliance Services, a consultancy specialising in maritime sanctions. “Essentially we’re allowing Iran to sell oil, which could then be used to fund the war effort.”
