News Highlights: Top Company News of the Day - Friday at 1 PM ET

FedEx's earnings miss may be more of a speed bump than a brick wall, analyst says 
 

Analysts see a potential spinoff of FedEx's freight business as a possible boost, but the stock is dropping sharply

 
FTC Accuses Drug Middlemen of Inflating Insulin Prices 
 

The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.

 
Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers 
 

The 20-year deal with Constellation Energy would kick-start the site of the nation's worst nuclear power accident.

 
Peloton's Comeback Marketing Plan: Less Bike, Fewer Promotions, More Men 
 

Peloton's chief marketing officer has a strategy to get the beleaguered fitness company back on track: Don't talk only about the bike.

 
Nike's stock has been dogged by these issues. Can a new CEO change the game? 
 

New Nike CEO Elliot Hill is inheriting "a turnaround that has yet to show momentum," according to Stifel analyst Jim Duffy.

 
Nokia Says German Court Ruled in its Favor Over Amazon Patent Dispute 
 

Nokia had claimed the unauthorized use of its video-related technologies in streaming services and devices by Amazon.

 
The Price War in Weight-Loss Drugs Is Here 
 

Novo Nordisk and Eli Lilly are offering discounts to encourage more insurance coverage of the medicines, which carry price tags of over $1,000 a month.

 
Novo Nordisk's Wegovy Gets EU Backing to Treat Heart Conditions 
 

Novo Nordisk said European regulators support the use of its blockbuster weight-loss drug Wegovy to help reduce heart failure in obese patients.

 
DJT Stock Hits Record Low on Day Trump Can Begin Selling Shares 
 

Until now, a lockup period has barred inside investors from selling shares.

 
Mercedes, BMW Flash Warning Lights on China 
 

Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.

(END) Dow Jones Newswires

September 20, 2024 13:15 ET (17:15 GMT)

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