Author: IQ TIMES MEDIA
WASHINGTON (AP) — Cornell University has agreed to pay $60 million and accept the Trump administration’s interpretation of civil rights laws in order to restore federal funding and end investigations into the Ivy League school.Cornell President Michael Kotlikoff announced the agreement on Friday, saying it upholds the university’s academic freedom while restoring more than $250 million in research funding that the government withheld amid investigations into alleged civil rights violations.The university agreed to pay $30 million directly to the U.S. government along with another $30 million toward research that will support U.S. farmers.“This agreement revives that partnership, while affirming the…
By Bhanvi Satija and Chad TerhuneLONDON/LOS ANGELES (Reuters) -A Trump administration deal to cut prices for popular weight-loss drugs like Wegovy and Zepbound will allow millions more Americans to give them a try, but the cost may still be too high to keep patients long term, U.S. obesity specialists said.President Donald Trump announced on Thursday that Novo Nordisk would reduce monthly prices for Wegovy to $350. Eli Lilly said Zepbound would cost about $300 monthly for the lowest dose, used by many patients solely to start treatment. At higher doses, the cost will go up to $450 per month for…
By Bhanvi Satija and Chad TerhuneLONDON/LOS ANGELES (Reuters) -A Trump administration deal to cut prices for popular weight-loss drugs like Wegovy and Zepbound will allow millions more Americans to give them a try, but the cost may still be too high to keep patients long term, U.S. obesity specialists said.President Donald Trump announced on Thursday that Novo Nordisk would reduce monthly prices for Wegovy to $350. Eli Lilly said Zepbound would cost about $300 monthly for the lowest dose, used by many patients solely to start treatment. At higher doses, the cost will go up to $450 per month for…
Mortgage rates are at least a half-point lower than one year ago. According to Freddie Mac, the national average 30-year fixed mortgage rate rose five basis points this week to 6.22% — 57 basis points lower than one year ago. The 15-year rate was up nine basis points to 5.50%, a half-point lower than last year at this time. “This week the 30-year fixed-rate mortgage averaged 6.22%,” said Sam Khater, Freddie Mac’s chief economist. “On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving.” Here are…
In the fast-emerging market for AI legal tools, a two-horse race is taking shape. Harvey, the OpenAI-backed startup that has become the industry’s breakout success, is now facing an ambitious challenger: Stockholm-based Legora, which is pitching law firms a new way to protect and monetize their intellectual property.Harvey has sprinted to $100 million in annual recurring revenue and an $8 billion valuation, turning the AI-for-law market into a serious money sport.Legora, fresh off a $150 million funding round, is countering with workspace software that it says enables law firms to collaborate with clients and sell secure, private access to their…
Tesla won the war for Elon Musk’s $1 trillion pay package. Now it’s prepared to win future legal battles.Shareholders voted to approve the record-breaking compensation plan by a 75% margin on Thursday, paving the way for Musk to become the world’s first trillionaire should he meet a series of ambitious product and financial goals.It came after the Tesla CEO’s previous $56 billion pay package, which was approved by Tesla shareholders in 2018 and again in 2024, was struck down by a Delaware judge last year following an investor lawsuit.Since then, Tesla has made a series of moves to ensure Musk’s…
BEIJING (Reuters) -China lifted a ban linked to Brazil’s avian influenza outbreak, the country’s General Administration of Customs said in a notice released on Friday.China issued a countrywide embargo on all imports of poultry and related products from Brazil over a bird flu outbreak in May.The ban has been repealed effective immediately “on the basis of risk analysis results,” the Chinese customs agency said in the notice, which was released on Friday but dated October 31.AdvertisementAdvertisementAdvertisementAdvertisementBrazil, the world’s largest poultry exporter and China’s biggest chicken meat supplier, confirmed a bird flu outbreak on a commercial poultry farm in mid-May, triggering…
BEIJING (Reuters) -China lifted a ban linked to Brazil’s avian influenza outbreak, the country’s General Administration of Customs said in a notice released on Friday.China issued a countrywide embargo on all imports of poultry and related products from Brazil over a bird flu outbreak in May.The ban has been repealed effective immediately “on the basis of risk analysis results,” the Chinese customs agency said in the notice, which was released on Friday but dated October 31.AdvertisementAdvertisementAdvertisementAdvertisementBrazil, the world’s largest poultry exporter and China’s biggest chicken meat supplier, confirmed a bird flu outbreak on a commercial poultry farm in mid-May, triggering…
The last monkey on the loose among several that escaped after a truck carrying them overturned on a Mississippi roadway has been found and captured, authorities said Thursday.A resident who lives near the crash site called authorities to report the animal’s location, and it was then “successfully recovered,” the Mississippi Department of Wildlife, Fisheries, and Parks said in a statement on social media.It was the last monkey on the loose from an Oct. 28 crash when the truck carrying 21 monkeys overturned on Interstate 59. Five monkeys were killed as law officers hunted for them in the immediate aftermath of…
The last monkey on the loose among several that escaped after a truck carrying them overturned on a Mississippi roadway has been found and captured, authorities said Thursday.A resident who lives near the crash site called authorities to report the animal’s location, and it was then “successfully recovered,” the Mississippi Department of Wildlife, Fisheries, and Parks said in a statement on social media.It was the last monkey on the loose from an Oct. 28 crash when the truck carrying 21 monkeys overturned on Interstate 59. Five monkeys were killed as law officers hunted for them in the immediate aftermath of…