Novo Nordisk Says FDA Accepted New Drug Application for Wegovy Pill 
 

The Bagsvaerd, Denmark, company said that if the application is approved, Wegovy would become the first oral formulation of a GLP-1 drug for chronic weight management.

 
Take-Two Delays 'Grand Theft Auto VI' Release, Denting Shares 
 

Shares of the videogame maker fell after Take-Two said the hotly anticipated Grand Theft Auto VI will now drop on May 26 of next year, rather than this coming fall as previously announced.

 
Temu Stops China Shipments to U.S. Consumers 
 

Chinese bargain site is dramatically shifting its business model as tariff exemption ends.

 
GM to Eliminate Shift at Oshawa, Ontario, Plant Due to U.S. Trade Policy 
 

General Motors said it will eliminate a shift at its plant in Oshawa, Ontario, reflecting an updated forecast for demand and the evolving trade environment.

 
Airbnb Stock May Take a Breather as Travel Demand Slows 
 

Airbnb is positioned to navigate any upcoming turbulence, but will feel some heat as certain travel dynamics shift, some analysts say.

 
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump 
 

The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.

 
Wendy's No Longer Expects Sales to Grow This Year 
 

Wendy's cut its sales and profit outlook for the year, citing trend shifts in the current consumer environment.

 
TikTok Fined $600 Million in Europe Over China Surveillance Risks 
 

Ireland's data privacy watchdog fined the social-video app for failing to guarantee that user data sent to China was protected from government surveillance.

 
Shell Launches $3.5 Billion Buyback After Earnings Beat Expectations 
 

The results were the company's first since its March capital markets day, when it said it would grow top-line production and increase shareholder returns over the next five years.

 
Cigna Group Swings to Profit, Posts Higher Revenue 
 

Cigna Group swung to a profit and logged higher revenue in the first quarter, prompting the company to raise its full-year outlook.

(END) Dow Jones Newswires

May 02, 2025 17:00 ET (21:00 GMT)

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