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Morning Bid: Another day, another AI record
Reuters· 2025-09-11 10:55
What matters in U.S. and global markets today ...
Merck's pneumonia shot shows promise in late-stage study
Reuters· 2025-09-11 10:55
Drugmaker Merck said on Thursday that its pneumonia shot showed strong immune responses in children and teens who are at higher risk of serious illness, based on results from a late-stage study presen... ...
How New York turns millions of pounds of food waste into 'black gold'
Reuters· 2025-09-11 10:15
Core Perspective - The article highlights the issue of organic waste disposal in urban areas, emphasizing that items like watermelon rinds, greasy pizza boxes, and yard trimmings often end up in landfills instead of being recycled or composted [1] Group 1 - Many cities lack effective systems for managing organic waste, leading to increased landfill use [1] - The article suggests that there is a growing need for improved waste management practices to handle organic materials [1] - The focus on organic waste reflects broader environmental concerns and the potential for recycling and composting initiatives [1]
Apple draws Hollywood talent, Emmy recognition with creative risks
Reuters· 2025-09-11 10:08
Core Point - Apple is poised for significant recognition at the upcoming Emmy Awards, nearly six years after the launch of its streaming service, Apple TV+ [1] Group 1 - Apple made its Hollywood debut with the launch of Apple TV+ [1] - The company is now positioned for primetime glory at the Emmy Awards [1]
US dollar bears think record slide may resume after recent pause
Reuters· 2025-09-11 10:06
The U.S. dollar has steadied since a record slide earlier this year, but many currency market players still view the greenback as locked in a bearish trend and are bracing themselves for further losses. ...
Kraft Heinz split may come too late to fend off growing MAHA threat
Reuters· 2025-09-11 10:04
Core Insights - Kraft Heinz's decision to split is a recognition of its failure to adapt to the long-term consumer trend away from processed foods [1] Company Summary - The company, known for products like Velveeta cheese and Heinz ketchup, has acknowledged the need to realign its strategy in response to changing consumer preferences [1]
Oracle marches toward $1 trillion club; tech stocks cheer
Reuters· 2025-09-11 09:52
Oracle's shares rose on Thursday, adding to a record run in the previous session and lifting stocks across the tech sector, as the company inches closer to the coveted trillion-dollar club on soaring ... ...
Covestro shares climb as ADNOC plans EU concessions
Reuters· 2025-09-11 09:45
Shares in German chemicals maker Covestro rose on Thursday after Reuters reported that ADNOC was preparing to make concessions in response to an EU subsidy investigation of its 14.7 billion euro ($17.... ...
Britain defends investment record as Merck scraps labs over pharma environment
Reuters· 2025-09-11 09:43
Britain defended its record on attracting investment on Thursday after U.S. drugmaker Merck said it was abandoning a new London research centre and a top industry lobby group warned a challenging busi... ...
Italy's Pirelli to supply carmaker Aston Martin with Cyber Tyre technology
Reuters· 2025-09-11 09:37
British sportscar maker Aston Martin will adopt Cyber Tyre technology from Italy's Pirelli for future vehicles, the two companies said in a joint statement on Thursday. ...