With a view to avoiding a U.S. government ban for TikTok, its Chinese owner ByteDance Ltd. signed binding agreements, backed by President Donald Trump, with three managing investors to form a joint venture to operate the U.S. operations of the video-sharing app, media reported citing a memo. With the deal, the social video platform, which is used regularly by more than 170 million Americans...
Oracle has come out suggesting that their talks with Blue Owl Capital about funding a big data center project in Michigan had hit a snag.
Mercedes-Benz has announced that Gorden Wagener, their long-time design chief, will be leaving the company at the end of January 2026, marking the end of a nearly three-decade journey.
Google has started rolling out Gemini 3 Flash, its newest AI model, just a month after launching the Gemini 3 Pro.
Menards, the home improvement retailer, is set to pay $750,000 to Wisconsin as part of a consumer protection settlement involving multiple states, as announced by Attorney General Josh Kaul on Wednesday.
Facebook is rolling out a new limit on how many links some users can share in their posts unless they sign up for a paid plan.
Cantourage Group SE (HIGH.DE), Friday announced that it expects EBITDA for the period from January to November 2025 amount to approximately 5.5 million euros. This estimate is based on an analysis of preliminary, unaudited consolidated financial figures and corresponding current projections. Meanwhile,...
Akamai Technologies (AKAM) has launched ISV Catalyst, a new referral-based partner program aimed at helping independent software vendors grow on its globally distributed cloud platform. The program is designed to make it easier for ISVs to build, market, and sell cloud-native solutions while connecting...
Eminence Capital said it has sent a letter to the board of Graphic Packaging Holding Company (GPK) seeking the immediate reinstatement of former chief executive Mike Doss, following what it described as a rushed and poorly handled leadership change. The investment firm, which holds about 4.2 percent...
Palo Alto Networks (PANW) on Friday said it has significantly expanded its strategic partnership with Google Cloud to help enterprises securely develop and deploy agentic AI and cloud-based applications.
Carnival Corporation & plc (CCL) announced earnings for its full year that Increases, from last year The company's earnings came in at $422 million, or $0.31 per share. This compares with $303 million, or $0.23 per share, last year. Excluding items, Carnival Corporation & plc reported adjusted...
December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.
Altimmune Inc. (ALT) announced that its investigational dual glucagon/GLP-1 receptor agonist, pemvidutide, achieved statistically significant improvements in non-invasive markers of liver fibrosis and sustained weight loss at 48 weeks in Phase 2b IMPACT trial in patients with metabolic dysfunction-associated steatohepatitis.
Altimmune, Inc. (ALT) on Friday reported positive topline results from the IMPACT Phase 2b trial of pemvidutide in patients with metabolic dysfunction-associated steatohepatitis (MASH) at 48 weeks. Topline data showed that pemvidutide achieved statistically significant improvements across treatment...
Alvotech (ALVO) and Teva Pharmaceutical Industries Ltd. (TEVA) have secured a U.S. license entry date for AVT06, the proposed biosimilar to Regeneron's Eylea, setting the stage for a potential fourth-quarter 2026 launch, pending FDA approval.
Annovis Bio, Inc. (ANVS) is preparing to launch a long-term open-label extension study to observe how Parkinson's disease patients respond to continued treatment with Buntanetap over three years.
HEICO CORP (HEI-A) released a profit for its fourth quarter that Increased, from last year and beat the Street estimates. The company's bottom line came in at $188.30 million, or $1.33 per share. This compares with $139.69 million, or $0.99 per share, last year. Analysts on average had expected...
Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.
Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.
The declining trend in German producer prices deepened in November. Producer prices dropped 2.3 percent year-on-year in November, faster than the 1.8 percent fall in the prior month. Moreover, this was the quickest decline since April 2024, when prices decreased 3.3 percent. A 9.0 percent plunge in energy prices largely drove the decline amid cheaper costs for natural gas and electricity.
Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun
Carnival Corporation & plc (CCL) will host a conference call at 10:00 AM ET on December 19, 2025, to discuss Q4 25 earnings results. To access the live webcast, log on to https://www.carnivalcorp.com/investors
Rithm Capital Corp. (RITM) on Friday said it has completed its previously announced acquisition of Paramount Group, Inc. (PGRE), expanding its commercial real estate platform with a premier Class A office portfolio in New York City and San Francisco.
Charming Medical Limited (MCTA), a Hong Kong-based provider of Traditional Chinese Medicine (TCM)-inspired therapies and products, announced the pricing of its initial public offering of 1.6 million Class A ordinary shares at $4.00 per share. The class A ordinary shares are expected to commence trading...