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Marine journalist Kevin Koenig, better known online as "The Yacht Fella," took to social media this week to break down the vessel Katy Perry was reportedly spotted aboard getting cozy with former Canadian Prime Minister Justin Trudeau.
The Caravelle, a 24-meter (78-foot) motor yacht crafted in 1965 by Dutch shipbuilder Feadship, was an "extremely tasteful pick" by the pop star, Koenig told FOX Business.
"So, not only was that boat built by Feadship, which is like tip-top as far as builders go, it was designed by a man named Carlo Riva," Koenig said. "And Carlo Riva is a legendary boat designer."
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Koenig compared owning the Caravelle to "owning a vintage Porsche 911 that was also designed by Enzo Ferrari."
While many modern yachts have ballooned in size - like Amazon founder Jeff Bezos' 417-foot sailing yacht - Koenig said Perry's boat stands out for its more modest proportions.
INSIDE NICOLE KIDMAN AND KEITH URBAN'S DIVORCE: A BREAKDOWN OF THEIR MANSIONS, ASSETS AND MILLIONS
"I would compare these huge 300-footers that you see out there today as like a great big gold Rolex, and Katie's boat is like a really slim, vintage Patek Philippe on a leather strap that slides right under the shirt cuff," he said.
In an Instagram post earlier this week, Koenig said he had been inundated with messages asking about Perry's boat, admitting he did not expect the singer to have such "exquisite taste."
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"This is as pedigreed and tasteful as motoryachts get," he said. "I know. I was surprised too."
Perry and Trudeau were reportedly spotted aboard the Caravelle off the coast of Santa Barbara last week, where they appeared cozy and affectionate. In one image, the former Canadian leader kisses the singer on the cheek and pulls her in close for a hug.
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Days after their yacht date, a source told People magazine the pop star and the former Canadian prime minister are "quite taken with each other."
Perry and Trudeau did not immediately respond to FOX Business' request for comment.
Fox News Digital's Christina Dugan Ramirez contributed to this report.

via: https://www.foxbusiness.com/entertainment/marine-expert-breaks-down-katy-perrys-yacht-choice-justin-trudeau-sighting-report

More than 2 million people are expected to pay a visit to Dallas for the State Fair of Texas this year.
It's the longest-running event of its kind in the nation, taking place over 24 days, from Sept. 26 to Oct. 19.
The unique food and drink offerings at the fair, ranging from savory bites to sweet treats, are part of its longstanding traditions.
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Featuring a hot dog coated in a lightly sweet corn batter, this has been a State Fair of Texas staple since 1942. The Fletcher family says mustard is the proper topping for a corny dog, but due to customer demand, ketchup was introduced in 1994. During the fair, Fletcher's will go through 1,500 gallons of mustard and 800 gallons of ketchup.
Unique to the State Fair of Texas, this mustard-flavored beer comes from Martin House Brewing Company. It's bright yellow, tangy and full of mustard flavor.
The 2024 winner of the Best Sweet Item, this treat features a thick-cut piece of bacon wrapped with pink cotton candy. It's smoky, sweet, salty and doesn't require too many napkins since it comes on a stick.
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The ultimate sweet-and-salty combo, this burger features a grilled hamburger patty with crispy bacon and queso cheese sauce sandwiched between two funnel cakes dusted with powdered sugar instead of traditional buns.
This massive slice of pizza features ranch sauce and fried pickles. The richness of the ranch sauce and cheese is balanced by a spicy kick in the batter that coats the pickle slices.
DOMINO'S REBRANDS FOR FIRST TIME IN OVER A DECADE
These deep-fried tacos are described as a cross between a taco, a kolache and a pastrami sandwich. They're made with peppery pastrami, mashed potatoes, white cheese and chives - all fried inside a corn tortilla. The creative combination is served with a spicy, creamy green sauce.
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This shake is rich, creamy and chock-full of cookies. It features various kinds of Oreos, snickerdoodle chunks, whipped cream, cookie butter and cookie dough, and it is topped with a Biscoff cookie.

via: https://www.foxbusiness.com/lifestyle/from-cotton-candy-covered-bacon-mustard-beer-most-unique-eats-2025-state-fair-texa

Ford Motor Company issued the most safety recalls among automakers in 2025, with more than 103 alerts, according to a report from Kelly Blue Book.
With a third of the year remaining, Ford has already surpassed the previous annual record of 77 recalls, according to the report.
If a vehicle fails to meet Federal Motor Vehicle Safety Standards due to a safety-related defect, manufacturers are required to notify consumers of the issue. These recalls are intended to address safety problems before they cause harm.
Manufacturers typically initiate recalls to stay ahead of any potential fines and driver-safety issues. However, the federal auto regulator, the National Highway Traffic Safety Administration (NHTSA), which is part of the Department of Transportation, can also issue vehicle recalls based on publicly submitted cases of potential safety concerns.
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Brian Moody, executive editor at Autotrader, told FOX Business that he usually says recalls are not a big deal because that's the system working. Most of the recalls today are voluntary and automakers are very rarely compelled by legal action or the government, he said.  
"However, when an automaker has a record number of recalls that is cause for concern. As increasingly complex vehicles become increasingly "normal," Ford has stumbled with regard to quality," he said. 
Moody also pointed to older reports from Kelly Blue Book which showed Ford led the industry in recalls in 2022 and 2023. That following year, the National Highway Traffic Safety Administration slapped Ford with a civil penalty of $165 million, the second-largest civil penalty in NHTSA's history.
Ford was hit with the fine after an NHTSA investigation found that it failed to recall vehicles with defective rearview cameras in a timely manner and failed to provide accurate and complete recall information as required by the National Traffic and Motor Vehicle Safety Act. 
FORD RECALLS 1.9M VEHICLES OVER REARVIEW CAMERA DEFECT THAT INCREASES CRASH RISK
Ford told FOX Business that its commitment to the quality of its vehicles and the safety of its customers "is paramount." 
The company said "the number of vehicles recalled reflects our intensive strategy to quickly find and fix hardware and software issues and go the extra mile to help protect customers." 
The company said it has more than doubled its team of safety and technical experts in the past two years. 
FORD RECALLS 312K TRUCKS AND SUVS OVER BRAKE FAILURE RISK THAT INCREASES CRASH DANGER
"We can and do find issues that exist on earlier model years, including ones that have not even been reported," the company said. "We will not compromise our responsibility to all our customers, not just those buying new vehicles." 
The company continued saying it believes "this approach will lead to systemic and lasting positive change" and help Ford "reach world-class levels for quality, safety and customer satisfaction."
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Moody acknowledged that Ford's more rigorous testing system helps explain the increase, but it's "not the full story."
"There's no possible way that a company like Ford is intending to issue more recalls...the negative publicity alone would make it so that that's not a reasonable fix," he said.

via: https://www.foxbusiness.com/lifestyle/ford-issues-record-103-safety-recalls-2025-four-months-still-remaining-yea

BlackRock, the world's largest asset manager overseeing $10 trillion, took a victory lap this week, touting ownership of some of the fastest growing exchange-traded funds in history.
"Our digital assets ETPs and active ETFs have grown from practically zero to 10 in 2023 to over $100 billion in digital assets and over $80 billion in active ETFs. The rapid growth of these premium categories is another proof point of our success in scaling distribution and quickly adapting to new offerings and in new markets," said CEO Larry Fink on the company's earnings call this week. 
The star: iShares Bitcoin ETF - ticker IBIT - is now the largest crypto ETF, which gives investors exposure to the cryptocurrency without having to own it directly. Assets topped $100 billion earlier this month but have dipped with Bitcoin's drop. 
The largest crypto by market value hit a record $126,272.76 on Oct. 6, 2025, and has since slipped below $110,000.
BITCOIN SAFE HAVEN, INVESTOR SAYS
Escalating tensions over the past week between the U.S. and China are hurting sentiment for digital assets. This as gold popped to a fresh record high of $4,280.20 an ounce. 
Another standout, iShares Ethereum ETF -ticker ETHA with assets around $16 billion.
AMERICANS FAVOR TRUMP'S $1,000 BABY SAVINGS PLAN
"Our flagship offerings in IBIT and ETHA were among the top five inflowing products in the ETP industry," Martin Small, CFO and global head of corporate strategy detailed on the call. Like bitcoin, etherem has dipped to the $3,800 level from its high of $4,955.23 reached on Aug. 24, 2025.
LIVE CRYPTOCURRENCY PRICES: HERE
Still, bitcoin and etherem have each advanced about 14% this year, slightly outperforming the S&P 500's 13% rise as of Friday. 
BlackRock shares are up 14% year to date.
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via: https://www.foxbusiness.com/markets/blackrocks-bragging-rights-fastest-growing-etf

Diane Keaton was best known for her legendary acting career, which spanned six decades across film, television and theater, but the late Hollywood icon also had a successful sideline as a house flipper. 
Over the last 40 years, Keaton, who died on Oct. 11 at the age of 79, bought, renovated and sold a variety of houses and cultivated a reputation as a respected restorer of historic homes, some of which had notable architectural pedigrees. 
"I follow my impulses just like I did with acting," Keaton said of her approach to house design in a 2017 interview with Architectural Digest.
Keaton earned praise for her restorations and home design skills from the real estate community and her work was profiled in top industry outlets including Architectural Digest, which have highlighted her aesthetic sensibilities, her instincts as a renovator and restorer and her dedication to preserving the authenticity of historic homes. 
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In March, Realtor wrote that the Oscar winner "has developed a keen talent for home flipping, particularly when it came to the restoration of neglected or abandoned properties."
Here's a look at some of Keaton's most prominent renovation projects. 
In 1988, Keaton purchased the historic Samuel-Novarro House in the Los Angeles neighborhood of Los Feliz. Built in 1928 by famed architect Frank Lloyd Wright's son Lloyd Wright, the house is an example of Mayan Revival style - combining decorative concrete blocks, dramatic geometry, and an indoor/outdoor aesthetic. 
The landmark residence was in deteriorating condition by the time Keaton purchased it, with issues that needed significant repair and restoration.
When she acquired the home, Keaton undertook significant renovations/restorations to update it while retaining its architectural character. She sold the home five years later.
Years later, renovation contractor Justin Krzyston of Stonehurst Construction undertook a further restoration, addressing aging finishes, structural issues, and repairing original details.
"I was able to meet with Diane Keaton - who lived here in the early '90s and did one of the first renovations - and she gave me some great advice on how to approach the restoration 20 years later," Krzyston told Architectural Digest in 2016.  "She told me to go slow, don't treat it like any other renovation, and don't change any more than you have to; keep the integrity of the house and the way Wright intended it to be."
The property is often cited as one of her first "design-driven" flips and is frequently referenced in articles as emblematic of her aesthetic sensibility. Keaton's restoration of the home established her reputation as a serious preservationist. 
In addition, Keaton is also known to have been involved in the preservation of the Ennis House, also designed by Lloyd Wright. She served on the board of the Ennis House Foundation, was active in fundraising, and advocated for its restoration.
In 2007, Keaton bought an 8,434-square-foot, seven-bedroom, nine-bathroom Spanish Colonial Revival house for $8.1 million. 
While living there, she undertook a restoration with designer Stephen Shadley. Her work was covered in 2008 by Architectural Digest, and revisited by the outlet in a profile, published on Oct. 13 following her death. According to the outlet, she initially bought the property at the beginning of the 2000s but later backed out due to her concerns over the renovation required. 
"My feeling is that you find an authentic house and, authentically, try to restore it," Keaton said during a 1999 tour of the home. 
"I wanted a Spanish Colonial because I'm in love with California and our history. My fantasy would be to continue to buy homes that are representative of the architecture of California and restore them," she said. 
In 2009, she listed the home for $12.995 million, and it was purchased by "American Horror Story" producer Ryan Murphy for $10 million.
Keaton bought a historic Spanish Mediterranean oceanfront house known as Shaw's Cove in 2004 for $7.5 million, listed by Andy Stavros of Douglas Elliman Real Estate. 
Over two years, the actress restored the home while preserving its original decorative Spanish tile, ironwork, wood beams, carved doors, stucco and terraces, per Ocean magazine. The outlet also noted that she altered fenestration to maximize views and indoor-outdoor openness.
The primary bedroom was "updated with a nod to the heritage, but re-imagined and outfitted for today," according to Starts at 60. 
In 2006, she sold the home for $12.75 million, marking one of her most profitable flips. 
In 2007, Keaton bought the Newman Residence in the Pacific Palisades area of Los Angeles for $9.1 million.  
The house was designed by Lloyd Wright (son of Frank Lloyd Wright) for composer Alfred Newman in 1950.
Her restoration included modernizing the kitchen, restoring original woodwork and built-in furniture, and converting part of the second floor into a glass-walled loft/master suite to bring in light and canyon views.
The Newman Residence was later sold in 2010 for $10.75 million. 
Keaton's best known project outside of California was her house in the Barrio Viego neighborhood of Tucson, Arizona. 
The "Godfather" star purchased a 1880s Sonoran-style adobe row house in 2018 for $1.5 million. 
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Keaton completed a high-touch refresh emphasizing historic materials and sold the home for approximately $2.6 million in 2020.
During a 2018 appearance on "Jimmy Kimmel Live," Keaton discussed her project in Tucson, telling Kimmel she felt that the city was "underappreciated." 
"I'm going to redo and fix the adobe," she said at the time. "I just love Tucson."
Keaton's "Pinterest House" is her most well-known renovation. The actress documented her efforts in her best-selling book "House That Pinterest Built."
The home was the result of a multi-year, full-scale gut renovation she undertook beginning around 2011. She described it as her "dream home," drawing on decades of collected visual inspiration including tear sheets, magazines, and later Pinterest to design the residence. 
Built largely of reclaimed brick, steel, and industrial windows, the home blends an industrial sensibility with a warm, tactile aesthetic. Keaton prioritized light, openness, and material authenticity by using raw textures, exposed structure, and glazing. She also famously observed that she doesn't use curtains. 
"I always had an interest in homes and the concept of home, but the problem is I never really land and stay. Something's wrong ... But something's right, because I love it," she told Wine Spectator. 
"I started to really love the brick and the textures of it ... how they weren't perfect," she continued.
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"My favorite room in my home is that damn kitchen," Keaton added. 
The home became her primary residence for about eight years until her death. 
People reported that Keaton surprised many when she listed the house, which hit the market for $25 million in March.  

via: https://www.foxbusiness.com/entertainment/diane-keaton-built-successful-house-flipping-career-alongside-her-hollywood-acting-wor

Attention wine lovers! Before you pour another glass, you might want to know what's really swirling inside it.
U.S. winemaker Charles Smith told FOX Business' Stuart Varney on "Varney & Co." that plenty of American wines are hiding a not-so-tasty secret-dozens of additives that never make it onto the label.
"There's over 70 ingredients you can put in American wine-really scary things," Smith said. "Most people believe that wine is just grapes, and it should be, as it's been for centuries."
Smith believes Americans deserve "full transparency" when it comes to knowing what they're sipping.
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Smith, known for his bold style and creative blends, says wineries should be required to list ingredients, whether it's on the bottle, through a QR code, or online.
"You don't know if you happen to be susceptible or even allergic to any of these because you don't know what's in the wine," Smith explained.
Smith's line, Real Wine, keeps things refreshingly simple. 
"Turn the bottle around, and it says, 'Ingredients: grapes,'" he said. "That's my legal label-I'm the only producer in North America with just grapes."
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The Washington state winemaker admits the industry has its challenges-younger drinkers are turning to spirits, beer, or even marijuana - but he's not worried. 
"Wine's been around for centuries, and it will be around for centuries," he said. "At the end of the day, it's supposed to be fun and relaxing."
In Gallup's 2025 "Consumption Habits" survey, 54% of U.S. adults said they drink alcohol, the lowest level recorded since the poll began in 1939, according to the research firm. Twenty-four percent said they had a drink within the past 24 hours, also a record low. Reuters reports the decline is most pronounced among younger adults, suggesting a potential generational shift away from alcohol.
Market trends aside, Smith's message is simple: transparency matters just as much as taste.
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via: https://www.foxbusiness.com/lifestyle/winemaker-warns-really-scary-ingredients-hiding-american-wine-bottles-across-industr

Meta announced on Friday that parents will soon be able to disable their teenagers' private chats with AI characters - the latest safety measure for its social media platforms following criticism over flirty chatbots.
The company said parents will be able to block specific AI characters and view broad topics their teens discuss with chatbots and Meta's AI assistant, without completely turning off AI access.
The AI assistant will remain available with age-appropriate defaults even if parents disable one‑on‑one chats with AI characters.
"Technology will never replace the value of critical thinking, real-life connections, and human interaction - and that's not our aim," Meta said in its announcement. "We believe AI can complement traditional learning methods and exploration in a way that feels supportive, all with the proper age-appropriate guardrails in place."
META PLACES NEW SAFEGUARDS ON TEEN INSTAGRAM ACCOUNTS, INTRODUCES PG-13-GUIDED CONTENT FILTERS
The company said its AI characters are designed not to engage in age-inappropriate discussions with minors about topics such as self-harm, suicide, or eating disorders. 
Friday's announcement follows Meta's statement earlier this week that its AI experiences for teenagers will be guided by the PG-13 movie rating system, part of an effort to block children from accessing inappropriate content.
The new supervision features build on existing safety measures for teen accounts, including keeping conversations age-appropriate, the company said.
"We know teens may try to get around these protections, so we're also using AI technology to place those we suspect are teens into these protections, even if they tell us they're adults," Meta said.
A report published in September found that several Instagram safety features did not function effectively. According to the report, Meta's chatbots were also observed engaging in "conversations that are romantic or sensual" - prompting further criticism from parents and child-safety advocates. 
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The new features will debut on Instagram early next year, in the U.S., U.K., Canada and Australia.
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"AI is evolving rapidly, which means we are going to need to constantly adapt and strengthen our protections for teens, while listening and responding to concerns parents have about this new technology," Meta said. "We hope today's updates bring parents some peace of mind that their teens can make the most of all the benefits AI offers, with the right guardrails and oversight in place."
Reuters contributed to this report.

via: https://www.foxbusiness.com/technology/meta-allow-teens-parents-disable-private-chats-ai-after-backlash-over-flirty-chatbot

The next big drama for Hollywood may not be on the big screen - but in the White House.
President Donald Trump is proposing a 100% tariff on all foreign-made films, claiming that movie jobs have been "stolen" by international competitors. The announcement marks the second time Trump has threatened tariffs on films produced outside the United States.
"Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby," President Trump said in a Truth Social Post. "California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% tariff on any and all movies that are made outside of the United States."
Fayette County, Georgia - home to Trilith Studios and known as the "Hollywood of the South" - has been a magnet for blockbuster productions, including Marvel's "Spider-Man: No Way Home" and "Captain America: Brave New World."
'TRUMP ANNOUNCES 100% TARIFF ON ALL FOREIGN-MADE PRODUCED MOVIES: 'WE WANT MOVIES MADE IN AMERICA, AGAIN!'
Marvel is among the many Hollywood studios that have filmed in Georgia to take advantage of the state's generous tax incentives for film. The company has produced nearly two dozen superhero movies and TV shows in the Atlanta area.
However, the studio has recently seen some film jobs move overseas. Marvel Studios announced plans to relocate from Georgia to the U.K. after more than a decade of filming in the state. Beginning with this summer's "The Fantastic Four: First Steps," Marvel is making most upcoming projects in the United Kingdom.
Some in the industry believe Trump's proposed tariffs on foreign-made films could help the film industry keep jobs in the United States.
"He wants to bring the movies back to our home ... to stop movie companies from going to Budapest, Australia," said Eddie Matthews, a veteran of the film industry and president of Hollywood South Films. "It'll tax them when they come back, and so they're going to say, 'OK, we can't leave the country now. Where's best tax incentive in this country to go to?' and hopefully it'll be Atlanta, and we'll be booming here."
Matthews - a veteran in the film industry - pointed out that the U.S. is losing major projects to Canada, and other major film markets.  
"I mean Canada alone does hundreds and hundreds of movies per year, if we just got those alone, let alone the hundreds that are going everywhere else, it would be wonderful," Matthews said.
'TRUMP'S FOREIGN MOVIE TARIFF WOULD 'DEVASTATE' HOLLYWOOD WORKERS, FILM PRODUCER SAYS'
According to the World Intellectual Property Organization, U.S. film production in 2023 represented 5.32% of global output - down from 9.53% the year before. 
Some in the industry believe tariffs could have a negative impact on the film industry, given the nature of the movie business. 
"The tariff would not really work the same way that folks generally see tariffs as working. They're usually product-based for cars or computers or things that are actually crossing a border, and it's a physical product," said Randy Davidson, CEO of Georgia Entertainment. "A movie has multiple owners - and then you have projects and productions just like Superman that was just recently done in Georgia, where locations are done across the country and across the world. It would be very, very difficult to put those things together."
Davidson warned tariffs could backfire and drastically increase prices for movie theaters and streaming services.
'TRUMP'S BOLD MOVE: 100% TARIFFS ON OVERSEAS MOVIES TO REVIVE AMERICAN FILMMAKING'
"I had an example given to me where you would go to a theater, and there would be a list of movies on the left that were produced overseas that are $40 each to see, and there would be the ones that are on the right-hand side done in America that would be $15."
Instead of tariffs, Davidson believes a country-wide tax incentive - similar to what's done in other countries - could be more effective.
"When the president mentioned a tariff before, there was a group that came together and there are legislators that are walking this through our legislative process in D.C. as we speak in the Senate and in the House," Davidson said. "We've heard from production executives at Netflix and Warner Brothers and others where a federal incentive would actually make it easier to stay in America."
For now, Trump's tariff proposal remains just that - a proposal - and the White House has not said when the tariffs might take effect. Still, the idea is already dividing the industry.
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The White House did not immediately respond to a request for comment.

via: https://www.foxbusiness.com/entertainment/film-industry-split-over-trumps-proposed-tariffs-foreign-made-movie

Southwest Airlines will soon roll out a sweeping overhaul of its boarding process.
The Texas-based airline, which has used open seating for more than 50 years, will shift to assigned seating starting Jan. 27 and introduce a completely new boarding system, according to its website.
The revamp, known internally as "Project USA," has been in testing for months in Houston and Cancun, Mexico. 
Under the new "WILMA" boarding method, passengers with window seats will board first, followed by those in middle seats and then aisle seats, beginning from the back of the aircraft, The Wall Street Journal reported.
SOUTHWEST AIRLINES REVEALS REDESIGNED CABIN, NEW SEATS IN SHIFT TO 'ELEVATED' FLYING EXPERIENCE
Southwest is also scrapping its current numbered stanchions at gates with nine boarding groups. Gates will feature just two lines, one for the group boarding and one for the group boarding next, according to The Wall Street Journal.
SOUTHWEST AIRLINES BEGINS USING FAA-MANDATED COCKPIT BARRIERS ON NEW BOEING JETLINERS
Travelers, including frequent flyers and credit card holders with boarding benefits, and those who purchase extra legroom will automatically be assigned to early boarding groups. The airline is also introducing a last-minute "priority boarding" option with pricing that varies by flight. 
"Our premium fares and our most loyal customers will have access to better seat types and will board earlier in the process," Southwest's website says.
Basic economy passengers will typically board last, The Wall Street Journal reported.
Southwest is also launching redesigned boarding passes that will display not only seat numbers but also whether it's a window, middle or aisle seat, The Wall Street Journal reported.
SOUTHWEST ROLLS OUT NEW CONDITIONS FOR PLUS-SIZE PASSENGER REFUNDS
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Earlier this week, Southwest unveiled its first Boeing 737 Max 8 with a refreshed interior complete with an extra legroom section, new high-end seats and refreshed lighting, underscoring the company's broader push to modernize its fleet and offer new perks to customers.
Southwest Airlines did not immediately respond to FOX Business' request for comment.
FOX Business' Michael Dorgan contributed to this report.

via: https://www.foxbusiness.com/fox-news-travel/southwest-airlines-roll-sweeping-overhaul-boarding-process-here-detail

The price of Novo Nordisk's blockbuster diabetes and weight loss-related drug Ozempic will be cut, according to President Donald Trump. 
Trump said this week during a White House event on fertility treatments and drug pricing the price reduction will come after swift negotiations with the drugmaker.
"They'll be much lower," Trump told reporters. 
TRUMP'S QUEST TO REDUCE DRUG PRICES IS HEATING UP. BUT WILL HE BE ABLE TO DO IT?
Novo Nordisk is the maker of Ozempic and Wegovy, which have the same active ingredient, semaglutide, but they are approved for different uses. Ozempic was approved by federal health officials in 2017 and marketed for medical use in the treatment of Type 2 diabetes with weight loss being a side effect of the drug.
Wegovy was approved four years later specifically for chronic weight management in adults who are obese or overweight and have at least one weight-related condition, such as high blood pressure or Type 2 diabetes. Both drugs have surged in demand in recent years, particularly for those seeking to lose weight. 
Novo Nordisk told FOX Business it has been in discussions with the Trump administration regarding the "most favored nation" executive order. 
"We remain focused on improving patient access and affordability, and we will continue to work to find solutions that help people access the medication they need," Novo Nordisk said. 
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The executive order is a drug pricing policy that seeks to ensure that Americans pay the lowest price charged for the same drugs in other developed nations. 
Since taking office, Trump has focused on bridging the gap between what Americans and foreign nations pay for the same medications. 
The comments came on the heels of a September announcement in which Trump declared a drug pricing deal with Pfizer under which the pharmaceutical giant will lower the cost of its medications for Americans.
TRUMP ANNOUNCES DRUG PRICING DEAL WITH PFIZER
Pfizer has committed to offering its prescription medications to Medicaid at the reduced "most favored nation" prices.
"Pfizer is agreeing to provide some of their most popular current medications to all consumers at heavily discounted prices of anywhere between 50% and even 100%," Trump said. "And that's off, that's off the price. And, in some cases, even more than that."
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The president added that the U.S. "is done subsidizing the health care of the rest of the world."
Reuters and FOX Business' Stephen Sorace contributed to this report. 

via: https://www.foxbusiness.com/lifestyle/trump-says-ozempic-prices-much-lower-american