$NVO plunges over 20% after slashing 2025 outlook. Weak U.S. demand for Wegovy and compounding competition expose planning and execution failures.

$NVO is still blaming their weakness on " knockoff GLP1s"😂 I like the company, but why isn't $LLY doing the same? Management has to take accountability at some point! pic.twitter.com/sLzJniQLyY — Patient Investor (@patientinvestor) July 29, 2025 The fall hit hard. Early in the morning Novo Nordisk shares dropped over 20% after slicing its full‑year …

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Bank of Japan cuts balance sheet at record speed with bond selloff slashing assets to lowest level since 2020

The Bank of Japan is shrinking its balance sheet at a record pace: The Bank of Japan’s bond holdings dropped by -6.2 trillion Yen in Q1 2025, the most on record. Over the last 5 quarters, the BoJ's holdings have now declined by -14.2 trillion Yen. As a result, the BoJ's… pic.twitter.com/JJjLSzhyka — The Kobeissi …

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Los Angeles mayor proposes slashing over 1,600 city jobs to close budget hole

⬆️ MAYOR'S PROPOSED BUDGET: DEPARTMENT SALARIES/PAYROLL INCREASES/DECREASES ⬇️ • 1,647 layoffs (direct savings $114M)• 1,074 vacant position eliminations (direct savings $100M) • Fire will get a net increase: +227 positions• Housing will get a net increase: +74 positions pic.twitter.com/qRWwBQfj0g — LA City Controller Kenneth Mejia (@lacontroller) April 22, 2025 LOS ANGELES (AP) — Los Angeles …

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Mr. Wonderful — ‘DOGE isn’t making enough cuts. Keep slashing, show no mercy.’

O’Leary is right—there’s no more time to waste. With our national debt at $36.22 trillion, we are past the point of careful trimming. The system is bloated, broken, and dragging us down. Half-measures won’t fix this. We need deep, relentless cuts—every wasted dollar, every useless program, every ounce of government excess must go. Mistakes? Sure, …

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Slashing $2 Trillion from “The Swamp”–Three Things

Authored by Charles Hugh-Smith via oftwominds, There is no way to cut federal spending without reconfiguring the economy from the ground up, starting with healthcare. The words “government” and “efficiency” are rarely found in each other’s company, because efficiency isn’t integral to the function of government the way it is in private enterprise. Efficiency is …

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US national debt hits $36 trillion; interest costs set to skyrocket. Without entitlement reform, cuts and rate slashing won’t solve the $2 trillion deficit.

If we don’t tackle the national debt, all tax revenue will go to paying interest and there will be nothing left for anything else https://t.co/BakfL5lbdE — Elon Musk (@elonmusk) November 18, 2024 DOGE won't be able to cut enough to make a difference unless they are willing to cut entitlements. Social Sec, Medicare and Medicaid …

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DELL Laying Off 12,500 Employees… The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell

Dell Layoffs To Hit 12,500 or More Employees Worldwide Starting Tomorrow, Affect 10% of Tech Giant’s Global Workforcehttps://t.co/y76X7zPFXe#DellLayoffs #Layoffs #Dell #Layoffs2024 #WorkforceReduction #Jobs #Workforce #JobCuts #Technology @theafricanptv @RadarHits @expordia — LatestLY (@latestly) August 6, 2024 The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell …

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Major retailers like Target, Walmart, and Aldi, slashing prices up to 30% as inflation-weary consumers curb spending.

The same retailers that have helped to push consumer prices up by 20% over the past four years are getting desperate as shoppers aggressively tighten their spending to cope with stubborn inflation. Some of the biggest retail chains in America are on a price-cutting spree to gain back their customers now that sales are declining …

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