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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. ...
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... ...