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Astra Obesity Pill Delivers Enough Weight Loss to Be ‘Credible’

AstraZeneca Plc’s obesity pill helped patients lose as much as 11.8% of their body weight in a study that puts it roughly on track to compete with existing products. The UK drugmaker is now combining the drug with other treatments to stand out in an increasingly crowded market.

SpaceX IPO Is Well Oversubscribed With $10 Billion Orders

SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares, according to people familiar with the matter, as demand builds for a potentially record-setting debut.

NY Knicks Success a Win for Lenders Who Propped Up Broadcaster

Just a year before the New York Knicks rode a double-digit winning streak to the NBA Finals, the company that broadcasts its games was thrown a lifeline to avoid a potential bankruptcy filing. Now, the lenders who backed that restructuring are likely cheering on the team’s success.

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