For the Bank of America, President Donald Trump's levies have boosted consumer inflation, and there's no uncertainty about that. "We think there's no debate — tariffs have pushed consumer prices higher," analysts, including Aditya Bhave, managing director and senior US economist at the research unit of the banking giant, wrote in a note on October 31.Since Trump unveiled his "Liberation Day" tariffs on April 2, while some trade deals have been negotiated with partners, such as the UK and the European Union ...

Germany's BioNTech on Monday lifted its 2025 revenue guidance after receiving initial payments from its new partner Bristol Myers Squibb in a cancer immunotherapy alliance that seeks to challenge Merck's best-selling Keytruda. ...

NEW YORK--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) ("IMAX†) today announced its intention to offer, subject to market and other conditions, $220,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes†) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act†), and pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws. IMAX also expec. ...

A massive dismantling of the financial regulator created to protect consumers is underway, affecting everything from auto lending and digital payments to credit cards and credit reports.Two years ago, the Consumer Financial Protection Bureau (CFPB), a federal financial regulatory agency, announced it was forcing Toyota Motor Credit to give consumers back tens of millions of dollars. While selling bundled auto insurance and car-servicing products, Toyota dealers had “lied about whether these products were ma ...

BOSTON--(BUSINESS WIRE)--Manifold Bio, a platform therapeutics company pioneering AI-guided drug discovery coupled with direct-to-vivo measurement, today announced a strategic research collaboration and license agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY). The partnership will apply Manifold's proprietary tissue-targeting shuttle portfolio and mDesign AI-driven in vivo discovery engine to create multiple next-generation BBB shuttles for the treatment of neurological and neurodegenerative d. ...

Core Viewpoint - Nabors Industries Ltd. announced that its land drilling joint venture SANAD in Saudi Arabia will resume operations for two rigs that had been temporarily suspended, with expected return dates in March 2026 and June 2026, respectively. The contracts for these rigs have been extended to match the duration of their suspension [1][2]. Company Overview - Nabors Industries is a leading provider of advanced technology for the energy industry, operating in over 20 countries. The company focuses on delivering safe, efficient, and responsible energy production through its expertise in drilling, engineering, automation, data science, and manufacturing [2]. Market Position - SANAD is recognized as the largest land drilling contractor in Saudi Arabia, playing a crucial role in the development of the Kingdom's energy resources. The resumption of rig operations is seen as a positive development in this significant market [2].

Core Insights - The five-year agreement will enhance Microsoft's access to Nvidia chips, indicating a strategic partnership aimed at bolstering Microsoft's technological capabilities in AI and cloud computing [1] Group 1 - The agreement spans five years, suggesting a long-term commitment between Microsoft and Nvidia [1] - Increased access to Nvidia chips is expected to support Microsoft's growth in AI and cloud services [1]

Core Insights - Canada Nickel Company Inc. has initiated an in-situ carbon sequestration pilot study at its Crawford Nickel Project in collaboration with the U.S. DOE ARPA-E team, led by the University of Texas at Austin [1][7] - The pilot aims to evaluate large-scale carbon capture by injecting carbon-enriched water into a 400-meter-deep well within the ultramafic body, building on previous bench-scale studies [2][4] Company Initiatives - The pilot program follows successful bench-scale studies that demonstrated the ability of magnesium-rich mineral brucite to capture CO2 by transforming into secondary minerals [2][3] - The pilot is designed to monitor the CO2-to-rock mineralizing process, which is expected to begin within hours of injection, with most CO2 turning into solid rock within six months [3][4] - This initiative is independent of Canada Nickel's existing In-Process Tailings (IPT) Carbonation Program and is a significant step in enhancing the company's carbon capture and storage capabilities [4][7] Strategic Goals - The results from this pilot study will inform future post-mining carbon sequestration strategies, aligning with Canada Nickel's vision for a Zero-Carbon Industrial Cluster in Timmins [4][6] - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets, while also pursuing processes for net zero carbon production of nickel, cobalt, and iron products [6][8]

RAHWAY, N.J.--(BUSINESS WIRE)--Merck Foundation Launches $22 Million Initiative to Improve Cardiovascular Care in the U.S. ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty Images Do you believe tariffs imposed by President Trump during his second term in office have been a net positive or negative for the U.S. economy?Take the survey here and share your thoughts in the WSB comments section. Welcome back from the weekend! Here is the latest in trending:Skipping college: Palantir (PLTR) is piloting a fellowship to challenge traditional pathways, of ...