Core Viewpoint - ExxonMobil is halting an investment of 100 million euros ($118.4 million) in European plastic recycling due to draft EU regulations regarding recycled content in final products [1] Company Summary - The company is pausing its investment in response to regulatory uncertainties surrounding recycled content requirements [1] Industry Summary - The decision reflects broader challenges in the plastic recycling industry, particularly in Europe, where regulatory frameworks are evolving [1]

Eli Lilly's Mounjaro helped children and adolescents aged 10 to 17 years with type 2 diabetes manage their blood sugar better and lose weight, according to trial results presented at a medical meeting... ...

Group 1 - The company Arvinas announced it will grant commercialization rights of an experimental breast cancer treatment to a third party [1]

Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress imposed on the central bank add up to two in real-world conditions. ...

Novo Nordisk's experimental Wegovy pill showed a 16.6% weight-loss in a late-stage study, according to data published in The New England Journal of Medicine on Wednesday, which is comparable to previous trial results of injectable Wegovy. ...

Major U.S. lenders lowered a key interest rate on Wednesday, providing U.S. consumers a reprieve on borrowing costs, after the Federal Reserve cut interest rates for the first time this year. ...

Tesla is looking to combine the electronic and manual door-release mechanisms, which are currently in separate locations, the company's longtime design chief, Franz von Holzhausen, said on a Bloomberg... ...

Private equity firms Blackstone and TPG revived their interest in acquiring medical device maker Hologic , a person close to the transaction said on Wednesday. ...

Apple has held discussions with suppliers for a possible test production of foldable iPhones in Taiwan, aiming to mass produce the device in India for release in 2026, the Nikkei said on Thursday. ...

A California judge has approved Walt Disney's $233 million settlement with 51,478 Disneyland employees who said the entertainment company denied them a living wage. ...