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Novo Nordisk has cut its forecast for the fourth time this year, after disappointing sales of its blockbuster drugs Wegovy and Ozempic. It underscores the challenges facing its new chief executive Mike Doustdar. He spoke to Bloomberg's Guy Johnson about the experience so far.
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Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Donald Trump’s second term.
From New York’s City Hall to Virginia, where Democrats picked up a gubernatorial seat, and out to California, the victories will bolster morale in a party that’s been reeling after failing to win the White House, Senate and House of Representatives just a year ago.
In New York, voters elected 34-year-old Zohran Mamdani, a democratic socialist, as mayor after he deployed a social media-savvy campaign and joined up with two progressive icons, Vermont Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez.
For reaction and analysis, host Doug Krizner speaks with:
- Jeanne Sheehan-Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor
- Greg Giroux, Bloomberg Government senior reporter
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Partnership for New York City CEO Kathy Wylde talks with Bloomberg's Emily Graffeo and Matt Miller about the mayoral election.
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New Jersey Rep. Robert Menendez (D) talks with Bloomberg's Romaine Bostick in Jersey City, NJ about the gubernatorial race.
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New Jersey Attorney General Matt Platkin talks to Bloomberg's Paul Sweeney and Alexis Christoforous about the NJ gubernatorial election.
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Goldman Sachs Chairman and CEO David Solomon discusses US-China Trade Relations and M&A Activity. Solomon spoke to Bloomberg's Yvonne Man and David Ingles on the sidelines of the Hong Kong Monetary Authority's Global Financial Leaders’ Investment Summit.
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New York City Comptroller Brad Lander talks to Bloomberg's Romaine Bostick and Katie Greifeld about the mayoral election.
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London Mayor Sadiq Khan talks to Bloomberg's David Gura at COP30 in Rio de Janeiro about the climate change conference and New York Mayoral Candidate, Zohran Mamdani.
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Wells Fargo Securities Head of US Large-Cap Bank Research Mike Mayo talks to Bloomberg's Scarlet Fu about how Bank of America must show investors how it plans to boost returns and selectively take on more risk.
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Morgan Stanley Chief US Equity Strategist Mike Wilson talked to Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern about why the Federal Reserve “is way behind the curve on rates” and slowing the “rolling recovery” in place in the US.
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