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Merck and Blackstone enter research agreement to develop cancer therapy for $700 million
Reuters· 2025-11-04 12:00
Merck said on Tuesday that it has entered into an agreement to receive funds managed by Blackstone Life Sciences for $700 million to develop an experimental cancer therapy. ...
Uber forecasts strong holiday-quarter bookings on membership boost
Reuters· 2025-11-04 11:58
Uber Technologies on Tuesday forecast fourth-quarter gross bookings above expectations as its membership program drives up demand for both rides and deliveries heading into the holiday season. ...
Harley-Davidson's third-quarter profit rises
Reuters· 2025-11-04 11:57
Harley-Davidson reported a higher third-quarter profit on Tuesday, helped by cost-saving measures and strong margins from its custom touring models. ...
Thomson Reuters third-quarter revenue rises, reaffirms 2025 guidance
Reuters· 2025-11-04 11:55
Thomson Reuters reported higher third-quarter revenue on Tuesday, boosted by investments in artificial intelligence products in its legal and tax and accounting divisions. ...
Deutsche Telekom partners with NVIDIA for AI cloud for Q1 2026
Reuters· 2025-11-04 11:54
Germany's Deutsche Telekom said on Tuesday it is launching an industrial AI cloud with NVIDIA in a 1 billion euro ($1.17 billion) partnership that will go live in the first quarter of 2026. ...
Yum Brands begins strategic review for struggling Pizza Hut chain
Reuters· 2025-11-04 11:53
Core Viewpoint - Yum Brands is exploring strategic options for its Pizza Hut chain due to challenges in maintaining competitiveness in the fast-food industry [1] Group 1: Company Overview - Pizza Hut is struggling to keep pace in a highly competitive fast-food market [1] - The fast-food industry is currently vying for sales from consumers facing financial stress [1] Group 2: Strategic Considerations - Yum Brands is considering various strategic options for Pizza Hut to address its performance issues [1]
Pfizer raises 2025 profit forecast for second time in a row
Reuters· 2025-11-04 11:49
Core Insights - Pfizer raised its full-year profit forecast for the second consecutive time, driven by robust demand for its leading heart treatment and blood thinner [1] Company Summary - Pfizer's updated profit forecast reflects strong market performance and increased sales of its key pharmaceutical products [1]
Intuitive Machines to broaden space business with $800 million deal for Lanteris
Reuters· 2025-11-04 11:46
Lunar lander maker Intuitive Machines said on Tuesday it will buy Lanteris Space Systems, a spacecraft maker formerly known as Maxar Space Systems, from private equity firm Advent International in a d... ...
Compass Pathways to expedite launch timing of its experimental depression therapy
Reuters· 2025-11-04 11:45
Drug developer Compass Pathways said on Tuesday it is pulling forward the expected launch timing of its experimental psilocybin-based depression therapy by 9 to 12 months. ...
Ferrari beats estimates with 5% core earnings rise in third quarter
Reuters· 2025-11-04 11:36
Luxury sports-car maker Ferrari said on Tuesday its core earnings rose 5% in the third quarter, above expectations, thanks to a strong pricing power supported by models such as the SF90 XX and 12Cilin... ...