#financial-decline

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National Basketball Association
fromBasketball Network
19 hours ago

"Go through my NBA journey, and end up right back in the same spot" - A broke Sebastian Telfair on going back to live in the projects

Sebastian Telfair earned millions during a promising NBA career but legal problems, divorce, and fraud charges depleted his wealth, leaving him back in the projects.
fromFuturism
2 months ago

The Maker of Ozempic Is in Such Deep Trouble That It's Going on Hiring Lockdown

Despite ushering in the weight-loss injectable craze and reaching a whopping $604 billion market cap in March 2024, Novo has for the past 18 months suffered hit after financial hit as compounding companies cut into its profit margin by selling cheaper, off-brand Ozempic - and as Eli Lilly, the makers of rival jabs Mounjaro and Zepbound, surged ahead thanks to promising news about its orforglipron GLP-1 pill.
Business
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