FIVE on FIVE AU: ASX ends day lower; employment is increasing and the unemployment rate is rising rapidly

FIVE on FIVE AU: ASX ends day lower;  employment is increasing and the unemployment rate is rising rapidly

The ASX 200 trimmed its weekly gains to 0.8% after today’s close of 0.77%, with the biggest losses felt in the energy and technology sectors. ASX Small Ordinaries lost more than 1.1%, while gold shares also underperformed during the session. Energy stocks saw oil prices fall after a report highlighted growing U.S. crude supplies. Santos …

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CEO of Ozempic, Calibrate’s prescription startup, steps down as investors rapidly shrink the size of its consumer business

CEO of Ozempic, Calibrate's prescription startup, steps down as investors rapidly shrink the size of its consumer business

Calibrates founder and CEO Isabelle Kenyon is stepping down as CEO and will no longer oversee day-to-day operations. Carsten Snejbjerg Bloomberg/Getty Images; Calibrate Calibrate, the weight loss startup backed by Founders Fund and Tiger Global, is making changes to its management team as investors restructure the company, according to an investor letter, internal correspondence seen …

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