Novo Nordisk will soon require its staff to work in the office full-time after it cut thousands of jobs. The Ozempic maker said it intends to implement a “new global standard” for office-based employees where they will be required to work from the office five days a week. The Danish pharma company’s change in office culture comes just a day after it cut about 11% of its total workforce . Its new policy will go into effect starting Jan.1, it said. “This is designed to foster a stronger sense of belonging ...

A stickier inflation report isn’t likely to kick the Federal Reserve off course for an interest rate cut next week, but it is likely to keep the central bank from doing a jumbo cut of half a percentage point. The Consumer Price Index showed “core” prices, excluding volatile food and energy prices, rose 3.1% for the month of August, inline with expectations and holding the same level as July. Month over month was slightly hotter than expected at 0.4%, compared with expectations for 0.3%. On a headline bas ...

Edison, an Italy-based gas company, is set to enhance its flexibility in managing demand by substituting some gas volumes from pipeline contracts with liquefied natural gas (LNG), reported Reuters, citing the company’s CEO Nicola Monti. The company also entered into a 15-year deal with Shell to procure approximately 700,000 tonnes per annum (tpa) of US LNG, commencing in 2028. European operators like Edison are increasingly turning to LNG to better navigate uncertain consumption patterns in Italy and acr ...

Wall Street will test the theory that a moving object stays in motion in the coming weeks and months after the S&P 500 notched another all-time high on Sept. 10. The S&P 500's advance since this spring's tariff-tantrum meltdown has been impressive, with the benchmark index rallying over 30%. The gains have mostly come despite evidence that the U.S. economy is stumbling amid rising unemployment and inflation. Nevertheless, optimism that stimulus associated with the passage of the One Big Beautiful Bill Ac ...

Sheldon Cooper / SOPA Images / LightRocket via Getty Images Micron Technology was one of the best-performing stocks in the S&P 500 Thursday, Sept. 11, 2025 Key Takeaways Citi analysts raised their price target on Micron Technology to $175 from $150 and reiterated their "buy" rating. The analysts said the change was based on rising demand for DRAM semiconductors and Micron's artificial intelligence products. Citi expects Micron to give a better-than-expected outlook when it reports earnings later this ...

Core Insights - Red Mountain Mining has acquired 87 claims in the Utah Antimony Project, emphasizing its focus on gold and critical minerals [1][5] - The acquisition cost was A$138,000 (approximately $91,212.2), fully funded from the company's internal cash reserves [1] - The project is strategically located 11km east of Antimony, Utah, and was secured through direct staking with the US Bureau of Land Management [1] Exploration Plans - The initial exploration program aims to map undercover extensions of north-south structures associated with antimony mineralization at Antimony Canyon and Dry Wash Canyon [2] - A desktop study is currently assessing available magnetic and topographic data, which may be enhanced by high-resolution drone magnetics and surface reconnaissance mapping [2] - Preliminary work will help define areas for more intensive follow-up studies, including ground electromagnetics to detect sulphide mineralization beneath shallow cover [3] Strategic Alignment - The Utah Antimony Project aligns with the US Government's initiative to secure critical mineral supply chains and build domestic supply rapidly [4] - The project is adjacent to Trigg Minerals' Antimony Canyon Project, which is positioned to become a significant domestic producer of antimony for the US market [5] - Red Mountain Mining boasts an experienced US-based technical team, enhancing its capability to advance the Utah Antimony Project [5]

Group 1 - Prospect Ridge Resources has acquired a 100% interest in the Camelot copper-gold project in Canada from Orogen Royalties, with the transaction approved by the Canadian Securities Exchange on 9 September [1] - The Camelot project covers an area of 2,600 hectares in British Columbia's Quesnel Belt, known for significant copper and gold porphyry systems, and previous exploration has identified a substantial copper anomaly in the soil [1][4] - The initial payment for the project was C$25,000 (approximately $18,043), which included 243,180 shares at a deemed price of C$0.102804 per share, with a hold period until 10 January 2026 [2] Group 2 - Prospect Ridge has the option to make an additional payment of C$175,000 in cash or shares within six months of the approval date, and will issue shares under a restricted resale period expiring four months plus one day after issuance [2] - Orogen will receive a 1% net smelter return (NSR) royalty, which Prospect Ridge can reduce by 0.5% with a one-time payment of C$1 million, along with an annual advance royalty payment of C$10,000 and a one-time payment of C$30,000 upon completion of a NI-43-101 mineral resource [3] - The acquisition enhances Prospect Ridge's presence in a promising copper-gold region and complements its portfolio, with plans for a 2,000m drill program targeting a well-defined geophysical anomaly [4]

Core Viewpoint - Vera Bradley reported a significant decline in fiscal Q2 2026 revenue, missing analyst expectations, which led to a drop in stock price [1][6]. Revenue Performance - Consolidated net revenues from continuing operations decreased by 24.6% to $70.9 million, falling short of Wall Street's forecast of $78.5 million [1]. - Direct segment revenue fell by 16.2% to $60.5 million compared to $72.2 million a year earlier, with comparable sales dropping by 17.3% [3]. - Indirect segment revenue saw a substantial decline of 52.5%, down to $10.3 million from $21.8 million, attributed to lower orders from key accounts and reduced liquidation activity [4]. Loss and Sales Trends - The company managed to narrow its adjusted net loss to 2 cents per share, outperforming the expected loss of 15 cents [2]. - Comparable sales experienced a 17.3% decline, indicating lower conversion rates across various sales channels [2][3]. Strategic Initiatives - The company is undergoing a product design revamp, reintroducing iconic styles while balancing fabrics, silhouettes, and prints [5]. - A comprehensive strategy involving merchandising, innovation, marketing, and multi-channel engagement is being implemented to reconnect with loyal customers and attract new audiences [5]. - The company closed seven underperforming full-line stores and one outlet as part of its footprint rationalization efforts [3].

Group 1: Ethereum's Institutional Adoption - FBS highlights Ethereum's growing role as a financial backbone for Wall Street, supported by billionaire investor Peter Thiel's backing of ETH-focused treasuries, indicating institutional capital's shift in perception of Ethereum [1][4] - Ethereum's staking economy has over $170 billion worth of ETH staked, evolving it into a yield-bearing instrument with annual yields of 3–4%, making it attractive for institutional investors [2] - The launch of ETH spot ETFs in 2024 has attracted $30 billion in assets under management, marking a significant milestone in Ethereum's institutional adoption [4] Group 2: Scalability and Tokenization - Ethereum's Layer 2 networks, including Arbitrum, Optimism, and Coinbase's Base, process 12–14 million transactions daily, significantly surpassing Ethereum's mainnet, which enhances its scalability [3] - The tokenization market, currently valued at $24 billion, is expected to expand rapidly, with Ethereum already dominating this space through projects backed by major financial institutions like BlackRock, JPMorgan, and Citigroup [4] Group 3: Structural Shift in Financial Markets - FBS concludes that Ethereum is transitioning from a speculative asset to the foundation for the next generation of financial markets, emphasizing the importance of recognizing this structural shift [5] - Key tokens positioned to benefit from this institutional shift include Arbitrum (ARB), Chainlink (LINK), and Lido (LDO), which are integral to Ethereum's growing yield economy and tokenization efforts [7]

SharpLink Gaming's co-CEO is pushing back on concerns that the crypto treasury trend will negatively impact the industry, telling Decrypt that it will not be the black swan event that drags down the crypto market this cycle, akin to the FTX collapse of the past. Rather, the recently appointed leader for the publicly traded company—which has rapidly amassed over $3.7 billion worth of Ethereum—believes it will be a positive "white swan event" that brings institutional ETH adoption to levels never seen before ...