• US Telecom Stocks Fall on Amazon Wireless Report
  
  Shares of Verizon Communications Inc., AT&T Inc. and T-Mobile US Inc. declined Friday after a report said Amazon.com Inc. was in talks with the U.S. telecom firms to offer low-cost wireless services to its Prime members. Bloomberg News reported that Amazon was negotiating...
• Tech CEO to Newsmax: Fears of Advanced AI Warranted
  
  Fears that advanced artificial intelligence could lead to rises in privacy invasions, stalking applications and government use in secrecy are warranted, DeepAI CEO Kevin Baragona told Newsmax on Thursday.
• Medicare to Cover FDA-Approved Alzheimer's Drugs
  
  The Centers for Medicare & Medicaid Services said Thursday that the U.S. Medicare health plan would cover new Alzheimer's drugs such as Eisai Co. Ltd. and Biogen Inc.'s Leqembi if they gain full U.S. approval.
• Regulators Target AI to Protect Consumers, Workers
  
  As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation's financial watchdog says it's working to ensure that companies follow the law when they're using AI.
• Weight-Loss Drugs: The Next Gold Rush
  
  Novo Nordisk and Pfizer Inc. reported data from two separate weight-loss pills that showed they were as effective as Novo's injectable drug Wegovy, intensifying a race to grab a chunk of the market. The enormous demand for weight-loss treatments like Wegovy could support...
• Drugmakers Bulk Up With Big Weight-Loss Treatment Bets
  
  Zealand Pharma and partner Boehringer Ingelheim Wednesday announced positive trial data for their weight-loss treatment and joined the race for a share of a global obesity drug market that is expected to touch $100 billion within a decade.
• Crypto Stocks Drop After Bitcoin Withdrawals Halted
  
  Shares of cryptocurrency- and blockchain-related companies fell in early trading hours Monday after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processing fees.
• Powerful New Obesity Drug About to Upend Weight Loss
  
  As a growing number of overweight Americans clamor for Ozempic and Wegovy - drugs touted by celebrities and on TikTok to pare pounds - an even more powerful obesity medicine is poised to upend treatment.
• Adult Cigarette Smoking Rate Hits New All-Time Low
  
  U.S. cigarette smoking dropped to another all-time low last year, with 1 in 9 adults saying they were current smokers, according to government survey data released Thursday.
• Airlines Expect Strong Profit on Resilient Travel Demand
  
  U.S. carriers expect strong profit in the current quarter as travel demand remains strong despite growing risks of an economic recession.
• Regional Bank Deposit Flight Blights Interest Gains
  
  A clutch of U.S. regional lenders saw deposits drop in the first-quarter as clients reeling from a crisis of confidence in the banking sector moved to bigger institutions and sought refuge in money market funds.
• Investors Warn Consumer Giants About Inflated Prices
  
  Consumer goods companies like P&G, Unilever and Nestle should start easing price increases as supply chain costs decline, investors told Reuters, worried that further hikes could hit market share and margin growth.
• IKEA Plans New US Stores in $2.2B Walmart Challenge
  
  IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet to win American customers as other big-box retailers close stores.
• Global Airline Capacity to Be Constrained Until 2025
  
  Global airline capacity will be lower than expected this year and stay constrained until 2025 at the earliest, warned International Air Transport Association director general Willie Walsh, due to delays in new aircraft deliveries and a lack of spare parts.
• Crypto Firms Scramble for Banking Partners
  
  Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month, creating a risk their business will become concentrated in smaller financial institutions.
• Biden's EV Push Hits Deep in the Heart of Texas
  
  At Toyota Motor Corp.'s sprawling factory here, just 16 miles (26 km) from the Alamo, a new gasoline-fueled Tundra pickup truck or hybrid Sequoia SUV rolls off the assembly line every 60 seconds.
• China's EV Drive, Led by BYD, Eclipses Global Brands
  
  China's auto market, the world's largest, is accelerating toward an electric future - leaving established global brands stuck in the slow lane.
• Bank Giants Ride Rate Rises, Keep Storm Clouds at Bay
  
  U.S. banking heavyweights reaped windfalls from higher interest payments in the first quarter, brushing off a sector shake-down and taking the opportunity to set aside billions of dollars in case loans turn sour as the economic outlook dims.
• Apple Takes Biggest Hit as Global PC Deliveries Sag
  
  Global shipments of personal computers (PCs) fell by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate, with Apple Inc. taking the largest hit, market research firm IDC said.
• US Construction Spending Slips in February
  
  U.S. construction spending dipped in February as investment in single-family homebuilding maintained its downward trend amid higher mortgage costs.
• US to Build $300M Database for Alzheimer's Research
  
  The U.S. National Institute on Aging (NIA) is funding a 6-year, up to $300 million project to build a massive Alzheimer's research database that can track the health of Americans for decades and enable researchers to gain new insights on the brain-wasting disease. The NIA,...
• Improved Inventory to Drive Better 1st Q Auto Sales
  
  U.S. auto sales are expected to rise for a second straight quarter as automakers are able to ship more vehicles to dealers on time, according to analysts.
• FDIC Hires Newmark to Sell Billions of Signature Debt
  
  The Federal Deposit Insurance Corp. (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank loans, The Wall Street Journal reported Wednesday citing people familiar with the matter.
• For Battered Bank Shares, Earnings Will Be Pivotal
  
  Further relief from the U.S. bank stocks rout may have to wait until banks report quarterly results starting next month, which strategists said could give more details about the sector's overall health after the recent collapse of some big regional players.
• Mid-Tier Lenders Gain, Hope for More US Support
  
  Shares of several mid-tier U.S. lenders rose sharply Monday after a buyer emerged for large chunks of embattled Silicon Valley Bank's deposits and loans, which helped inject some calm into fragile markets.

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