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Hyundai has introduced the IONIQ 9, a three-row electric SUV, marking a significant step in the competitive EV market. The vehicle is set to launch in the US and Korea in 2025, with plans for global expansion.
Jazz Pharmaceuticals has received FDA approval for Ziihera, a treatment for HER2-positive biliary tract cancer, marking a significant advancement in cancer therapy.
Kura Oncology and Kyowa Kirin have announced a strategic collaboration to develop and commercialize ziftomenib, a promising treatment for acute myeloid leukemia and other blood cancers.
Boeing is set to lay off nearly 700 employees in Missouri as part of a larger workforce reduction plan, citing financial difficulties and strategic restructuring.
Elf Beauty's stock experienced a significant drop following Muddy Waters' announcement of a short position, citing alleged financial misstatements by the cosmetics company.
News Corp shareholders have rejected a proposal to eliminate the dual-class voting structure, maintaining the Murdoch family's control over the company.
Goldman Sachs CEO David Solomon anticipates a strong capital market in 2025, driven by expected policy changes under the Trump administration and easing inflation.
KPMG is set to invest $100 million in a strategic partnership with Google Cloud to enhance its AI services, marking a significant step in the professional services firm's digital transformation strategy.
The United Auto Workers (UAW) has announced that a supermajority of workers at Ford's Kentucky battery plant have signed union cards, marking a significant step in the union's efforts to expand its influence in the electric vehicle sector.
Aspen Technology has formed a special committee to evaluate Emerson Electric's proposal to acquire the remaining stake in the company, valued at $15.1 billion.
Williams-Sonoma's stock has surged following a strong earnings report and improved guidance, highlighting its robust financial health and strategic growth initiatives.
Pony AI, a leading Chinese autonomous driving company, is aiming for a $4.55 billion valuation in its upsized US IPO, seeking to raise up to $260 million.
Apple has proposed a $100 million investment in Indonesia to lift the ban on iPhone 16 sales, aiming to meet local content requirements and expand its market presence.
TJX Companies reported better-than-expected Q3 results, driven by increased customer traffic and sales, leading to an upward revision of its full-year earnings guidance.
Nokia has secured a multi-billion dollar deal with Bharti Airtel to expand 4G and deploy 5G equipment across India, enhancing network capacity and coverage.
Nio Inc. reported disappointing third-quarter results, with revenue and vehicle sales missing estimates amid a competitive EV market in China. Despite a challenging environment, Nio remains committed to its growth strategy.
Target's stock plummeted by 20% following a disappointing third quarter, with sales and profits falling short of Wall Street expectations. The company faces challenges from inflation, a dockworker strike, and potential tariffs.
Soitec's first-half revenue for fiscal year 2025 fell below last year's levels, impacted by market challenges in Mobile Communications and Automotive sectors, despite growth in Edge & Cloud AI.
Oil prices have seen a slight increase due to escalating tensions in the Ukraine war and signs of improving demand from China, despite rising U.S. crude stocks.
Comcast plans to spin off its NBCUniversal cable channels, including MSNBC and CNBC, into a new publicly traded company as it adapts to the streaming era.
DT Midstream has announced the acquisition of three natural gas transmission pipelines from ONEOK for $1.2 billion, enhancing its presence in the Midwest market.
Qualcomm anticipates generating $12 billion in revenue from automotive and PC chips over the next five years, driven by its strategic diversification and growth in AI technologies.
BP's Whiting refinery in Indiana has delayed the restart of key units, affecting fuel prices in the Chicago market. The refinery, which is the largest in the U.S. Midwest, is expected to resume operations soon.
Santander has launched its digital bank Openbank in Mexico, offering competitive rates and aiming to capture the growing fintech market.