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Amgen cholesterol drug cuts risk of first cardiac event by 25%
Reuters· 2025-11-08 15:11
Adding Amgen's cholesterol drug Repatha to standard therapy reduced major cardiovascular events by 25% for at-risk patients who have never had a heart attack or stroke, according to results from a lar... ...
Diageo considers external candidates for CEO role, including outgoing GSK boss, FT reports
Reuters· 2025-11-08 06:39
Core Viewpoint - Diageo, the world's leading spirits manufacturer, is exploring external candidates for its CEO position, including former GSK CEO Emma Walmsley [1] Group 1 - Diageo is considering external candidates for the CEO role [1] - The report cites sources familiar with the situation regarding the CEO search [1] - Emma Walmsley, the outgoing CEO of GSK, is among the candidates being considered [1]
UPS grounds its MD-11 fleet after Louisville crash
Reuters· 2025-11-08 05:57
UPS on Friday said it has grounded its fleet of McDonnell Douglas MD-11s, the type of plane involved in Tuesday's crash in Louisville, Kentucky, which killed at least 13 people. ...
Nvidia CEO Huang sees strong demand for Blackwell chips
Reuters· 2025-11-08 04:18
Core Viewpoint - Nvidia is experiencing strong growth and high demand for its advanced Blackwell chips [1] Company Summary - Nvidia's CEO Jensen Huang highlighted the robust growth of the company's business [1] - The demand for Blackwell chips is described as "very strong" [1]
Pfizer sweetens offer for Metsera in bidding war against Novo, Bloomberg News reports
Reuters· 2025-11-08 00:59
Group 1 - Pfizer has submitted an enhanced bid for obesity drug developer Metsera, indicating a strategic move to strengthen its position in the obesity treatment market [1] - The competition between Pfizer and rival Novo Nordisk is intensifying, highlighting the growing importance of obesity drugs in the pharmaceutical industry [1]
BlackRock to wind down fund that invested in failed car lender Tricolor, FT reports
Reuters· 2025-11-08 00:46
Core Insights - BlackRock, the world's largest asset manager, is shutting down a social impact fund that had invested in the now-collapsed subprime car lender Tricolor [1] Company Summary - The decision to wind down the fund is reported by the Financial Times, citing sources familiar with the situation [1]
Argentina's YPF swings to Q3 net loss of $198 mln
Reuters· 2025-11-07 21:59
Group 1 - YPF, Argentina's state-controlled energy company, reported a net loss of $198 million in the third quarter [1]
Crew of fatal UPS cargo flight tried to control aircraft before crash, NTSB says
Reuters· 2025-11-07 21:46
As a bell sounded in the cockpit, three UPS pilots tried to control a cargo flight that crashed this week in Louisville, Kentucky, killing at least 13 people, the National Transportation Safety Board ... ...
Rivian overhauls CEO Scaringe's pay package to $4.55 billion, with new profit, stock-based award
Reuters· 2025-11-07 21:07
Core Insights - Rivian Automotive has replaced CEO RJ Scaringe's previous compensation plan with a larger stock award contingent on achieving new profit targets [1] Company Summary - The new compensation structure emphasizes performance-based incentives, aligning the CEO's financial rewards with the company's profitability goals [1] - This change reflects Rivian's strategic focus on improving financial performance and shareholder value in the competitive electric vehicle market [1]
Policy uncertainty, geopolitical risk are top stability concerns in latest Fed survey
Reuters· 2025-11-07 21:01
Policy uncertainty, including on global trade and central bank independence, and overall geopolitical risk topped the list of financial stability concerns in a new Federal Reserve survey released on Friday. ...