Trump Moves to Cut Price of Ozempic, Novo Nordisk Shares Fall
The president said the cost of the drug should be much lower for Americans once negotiations with Novo Nordisk had concluded.
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EssilorLuxottica Shares Soar After Revenue Accelerates Ahead of Forecasts
EssilorLuxottica shares surged after the Ray-Ban maker reported an acceleration in quarterly revenue that beat analysts’ forecasts.
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Oracle Isn’t Answering the Hardest Questions About Its AI Plans
The software giant has boosted its long-term financial targets, but paying for an artificial-intelligence build-out is seen stretching company resources.
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Sports-Car Maker Porsche in Talks to Replace CEO Blume With Former McLaren Chief
The supervisory board has authorized talks over a mutually agreed early termination of Blume’s appointment.
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Volvo Expects North American Truck Market to Weaken Next Year
The company said the North American long-haul freight market remained in recession with lower volumes and prices, while cautious customers face uncertainty on tariff and emissions rules.
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Starbucks Evaluating Offers for China Business
Starbucks is assessing bids from five parties for its China business as it seeks a partner to navigate the country’s competitive coffee landscape.
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The Auto Industry Is Panicking About Another Potential Chip Shortage
Chinese-owned chip maker Nexperia told suppliers last week it wouldn’t ship product after the Dutch government took control of the company.
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BBVA’s $19 Billion Hostile Takeover Bid for Sabadell Falls Through
The development draws to a close a hostile pursuit by Spain’s second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.
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Walmart, Once a Byword for Low Pay, Becomes a Case Study in How to Treat Workers
The largest private employer in the U.S. increased wages in a bid to jump-start sales
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BYD Recalls More Than 115,000 Cars in China Over Safety Concerns
The recall includes both hybrid and full-electric vehicles after an investigation by China’s State Administration for Market Regulation.
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Constellation Energy Has the Power That AI Needs. The CEO Is Making the Most of It.
The company is about to become the world’s largest producer of electricity. Joe Dominguez tells us what to expect.
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Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs
The online brokerage platform posted a profit of $263 million compared with $184 million a year earlier.
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CSX Standoffish as Merger Questions Overshadow Third Quarter Results
The railroad operator emphasized its strategy as a standalone company following the deal between Union Pacific and Norfolk Southern during its third-quarter earnings call.
(END) Dow Jones Newswires
October 17, 2025 07:15 ET (11:15 GMT)
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