Novo Nordisk raises full-year guidance after strong US sales
Diabetes drug maker Novo Nordisk on Friday raised its forecast for sales and operating profit for the full year after strong sales in the third quarter.
Trump’s real-estate empire pays the price for poisonous politics
Former US president Donald Trump’s slashing rhetorical style and divisive politics allowed him to essentially take over the Republican Party. His supporters are so devoted that most believe his false claim that he lost the 2020 election because of voter fraud.
US film director Bandar Albuliwi has started a petition to ban firearms on sets after the accidental fatal shooting of cinematographer
US personal spending rises 0.6% in line with economists’ forecasts reflecting steady growth in outlays for services last month
Apple, Amazon set to knock S&P 500, Nasdaq off record peak
The S&P 500 and the Nasdaq indexes looked set to drop from record highs on Friday, as results from mega-cap firms Apple and Amazon.com reignited concerns of labor and supply shortages that have been at the forefront of this quarterly earnings season.
UN’s Guterres says G20 must do more on climate, address mistrust
United Nations Secretary General Antonio Guterres warned on Friday that the world was rushing headlong towards climate disaster, and said leaders of the Group of 20 wealthy nations must do more to help poorer countries.
Turkey pressing US for F-16 fighters after F-35 plan killed
The United States is discussing Turkey’s request to buy F-16 fighters after a deal for more advanced F-35s was scrapped due to Ankara’s purchase of a Russian missile system, officials said. Turkish President Recep Tayyip Erdogan said on October 17 that Ankara wants to buy the cheaper F-16s using the $1.4 billion it allotted for the cancelled F-35 deal.
US says Belarus ‘forces’ closure of aid offices
The US embassy in Minsk on Friday said Belarusian authorities were “forcing the closure” of its humanitarian and civil society programs in the authoritarian country.
US to deepen relations with Taiwan in face of China tensions
The US wants to deepen its relationship with Taiwan, the self-ruled island that has become a major point of conflict in the strained US.-China relationship, and will work to counter Beijing’s “malign” influence, a US diplomat said Friday.
US ambassador to UN urges Mali to hold February elections
The United States representative to the United Nations stressed the importance of Mali’s return to civilian rule through democratic elections in February after she visited the West African nation as part of a UN Security Council mission.
US labor costs power ahead in third quarter as wage surge
US labor costs increased by the most since 2001 as companies boosted wages and benefits amid a severe worker shortage, suggesting inflation could remain high for sometime. The Employment Cost Index, the broadest measure of labor costs, surged 1.3% last quarter after rising 0.7% in the April-June period, the Labor Department said on Friday. The largest gain since 2001 reflected an increase across industries.
According to the Vatican, Biden presented Francis a woven chasuble, or liturgical vestment, made in 1930 by the famed papal tailor Gamarelli and used by the pope’s Jesuit order in the US, where it was held in the archives of Holy Trinity Church, Biden’s regular parish in Washington.
The pair then proceeded to a broader meeting with the first lady and top officials joining. The lengthy session put Biden behind schedule for his meetings later Friday.
Biden’s private meeting with the pope lasted about 75 minutes, according to the Vatican, an unusually long time for an audience with the pontiff.
Biden’s Vatican meeting with Pope Francis runs into overtime
Declaring it’s “good to be back,” President Joe Biden opened a five-day European trip Friday with an extended visit with Pope Francis at the Vatican, where the world’s two most prominent Roman Catholics ran overtime in talks expected to cover the COVID-19 pandemic, climate change, poverty and more.