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FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it ...

At their heights, Denmark’s corporate champions seemed untouchable. Novo Nordisk A/S, long known mostly as an insulin maker, was Europe’s most valuable company last year, after riding a surge of ...

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The Danish pharma giant outlined proposals to shed around 11% of its 78,400-strong workforce amid stiff competition from ...

The maker of the popular weight-loss drug Wegovy announced on Wednesday that it will be cutting 9,000 jobs in the company.

Wall Street closed mostly higher to notch more records. The S&P 500 added 0.3% Wednesday and set an all-time high for a ...

Novo Nordisk said it is laying off about 11.5% of its workforce in a "transformation" of the drugmaker's business.

The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and ...