Saturday, February 15, 2025

Ozempic and blindness, McDonald’s and chicken, Coca-Cola and tariffs: Business news roundup

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Image: Bloomberg / Contributor (Getty Images), Chip East/Bloomberg (Getty Images), Aaron Schwartz/CNP/Bloomberg (Getty Images), Andrew Burton / Staff (Getty Images), Photo: Anna Moneymaker / Staff (Getty Images), Saul Loeb/AFP (Getty Images)
A pharmacist holds a box of Novo Nordisk A/S Ozempic brand semaglutide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023. - Image: Bloomberg / Contributor (Getty Images)
A pharmacist holds a box of Novo Nordisk A/S Ozempic brand semaglutide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023. – Image: Bloomberg / Contributor (Getty Images)

Popular diabetes and weight-loss drugs, including Ozempic (NVO) and Zepbound (LLY), may have a potential link with several eye conditions that can cause vision loss, according to a new investigatory review published recently in the scientific journal JAMA Ophthalmology.

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A chicken snack wrap combo meal at a McDonald’s in New York on June 8, 2007. - Image: Chip East/Bloomberg (Getty Images)
A chicken snack wrap combo meal at a McDonald’s in New York on June 8, 2007. – Image: Chip East/Bloomberg (Getty Images)

McDonald’s has major plans for chicken.

The company is aiming to increase its market share in the chicken category by the end of 2026, with big plans to expand its chicken portfolio, according to CEO Chris Kempczinski, who discussed the company’s growth plans during its Feb. 10 earnings call.

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Coca-Cola is considering a return to plastic bottles as it grapples with rising aluminum costs from President Donald Trump’s import tariffs.

During the company’s Feb. 11 earnings call, CEO James Quincey discussed how Coca-Cola (KO) plans to manage the increased costs from these tariffs. While he acknowledged that a 25% hike in aluminum prices is significant, he emphasized that it wouldn’t drastically affect the company’s bottom line.

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U.S. President Donald Trump and U.S. schoolteacher Marc Fogel, who had been detained in Russia, on Tuesday, Feb. 11, 2025. - Image: Aaron Schwartz/CNP/Bloomberg (Getty Images)
U.S. President Donald Trump and U.S. schoolteacher Marc Fogel, who had been detained in Russia, on Tuesday, Feb. 11, 2025. – Image: Aaron Schwartz/CNP/Bloomberg (Getty Images)

President Donald Trump’s looming tariffsalready seem to be undermining the U.S. expansions of e-commerce giants Shein and Temu, as both companies reportedly experienced significant daily-sales drops recently.

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Photo: Anna Moneymaker / Staff (Getty Images)
Photo: Anna Moneymaker / Staff (Getty Images)

Senator Elizabeth Warren is sounding the alarm on cuts to Federal Deposit Insurance Corporation (FDIC), writing in a letter that the hiring freeze and decision to rescind 200 job offers to examiners has the potential to disrupt the “stability of the banking season.”

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President Donald Trump wears a hard hat as he tours U.S. Steel’s Granite City Works steel mill in Granite City, Illinois in 2018. - Photo: Saul Loeb/AFP (Getty Images)
President Donald Trump wears a hard hat as he tours U.S. Steel’s Granite City Works steel mill in Granite City, Illinois in 2018. – Photo: Saul Loeb/AFP (Getty Images)

President Donald Trump is set to announce new tariffs of 25% on imported steel and aluminum, delivering a major win to the U.S. steel industry — all according to the industry’s plan.

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A Dunkin’ Donuts employee places a “croissant doughnut” in a box on November 3, 2014 in New York City. - Image: Andrew Burton / Staff (Getty Images)
A Dunkin’ Donuts employee places a “croissant doughnut” in a box on November 3, 2014 in New York City. – Image: Andrew Burton / Staff (Getty Images)

Roughly 2 million baked good products, some of which were sold at Dunkin’ Donuts locations nationwide, have been recalled over concerns of listeria contamination, a bacterium that can cause serious infections.

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The Trump administration is looking at a $400 million, five-year contract for “Armored Electric Vehicles” that could refer to Teslas.

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