Core Insights - Eli Lilly announced that its oral drug, orforglipron, demonstrated effectiveness in reducing blood sugar levels in two late-stage clinical trials [1] Company Summary - Eli Lilly's orforglipron is positioned as a significant advancement in diabetes treatment, showing promising results in clinical trials [1] Industry Summary - The development of orforglipron reflects ongoing innovation in the diabetes medication market, highlighting the competitive landscape among pharmaceutical companies [1]

Core Insights - Bank of America reported an increase in profit for the third quarter, driven by significant earnings from its investment banking division, particularly in advising on large-scale deals [1] Company Performance - The profit growth in the third quarter indicates strong performance in the investment banking sector, highlighting the bank's ability to capitalize on mega deals [1]

U.S. stock index futures rose on Wednesday as chipmakers rallied after ASML's results, while investors awaited earnings from Bank of America and Morgan Stanley following strong reports from lenders that helped lift markets in the prior session. ...

Elon Musk's lawyers will urge the Delaware Supreme Court on Wednesday to restore his $56 billion pay package from Tesla , as one of the biggest corporate legal battles enters its final stage nearly tw... ...

Core Insights - The production of electronics for aviation is highlighted as a positive aspect within the aerospace supply chain, indicating growth and opportunity in this segment [1] - Despite the positive outlook for aviation electronics, the manufacturing of certain parts continues to face challenges, suggesting a mixed performance across the industry [1] Group 1 - The aerospace supply chain is experiencing a bright spot in the production of aviation electronics [1] - Manufacturing challenges persist for some parts, indicating ongoing issues within the supply chain [1]

Credit Suisse on Wednesday lost its $440 million London lawsuit against Japan's SoftBank Group Corp over losses linked to collapsed finance firm Greensill Capital. ...

Norway plans to eliminate its main subsidy for electric vehicles over the next two years, the government said on Wednesday, adding thousands of dollars to the cost of new cars like Tesla's Model Y, th... ...

Alphabet's Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday, as it looks to expand its footprint to major international cities. ...

Swiss market regulator FINMA said on Wednesday it would appeal a ruling by a Swiss court that revoked a decree by the financial watchdog ordering the write-off of Credit Suisse debt during the bank's ... ...

Core Viewpoint - Apple is lobbying the Indian government to amend its income tax law to avoid taxation on high-end iPhone machinery provided to contract manufacturers, which is viewed as a barrier to its future expansion in the country [1] Group 1 - The lobbying effort is aimed at ensuring that Apple is not taxed for the ownership of machinery used in the production of iPhones [1] - This issue is perceived as a significant hurdle for Apple's growth plans in India [1]