5 Things To Know: November 1, 2025

Mergers and Acquisitions - Pfizer wins bidding war for Metsera, an obesity drug developer, with a sweetened offer of potentially $10 billion, surpassing Novo Nordisk's bid [1][4] - The industry anticipates the obesity drug market to reach $125 billion [4] Executive Appointments - Diageo appoints Dave Lewis, former CEO of Tesco, as its new CEO, starting in 2026 [1][2] Transportation and Safety - UPS and FedEx ground over 50 McDonald Douglas MD11 cargo planes following a fatal crash in Kentucky [2] Legal and Regulatory - Visa and Mastercard are nearing a settlement with merchants regarding credit card interchange fees after 20 years of legal disputes [2] Media and Politics - Head of news at the BBC resigns due to criticism over the editing of President Trump's January 6th, 2021 speech [3] Market Performance - Meta shares are down almost 15% [4] - Pfizer shares are up [4]