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Omnicom to cut 4,000 jobs, shut several agencies after IPG takeover, FT reports

Dec 1 (Reuters) - Omnicom will lay off more than 4,000 employees and fold several well-known advertising agency brands after its $13.5 billion acquisition of rival Interpublic Group, the Financial Times reported on Monday, citing an interview with company executives. Creative agency DDB, founded ...
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Eli Lilly cuts Zepbound price to widen access for obesity drug

Dec 1 (Reuters) - Eli Lilly said on Monday it has lowered the price of single-dose vials of its popular obesity drug Zepbound to make the treatment more affordable for U.S. patients, as demand for weight-loss therapies surge. Patients with a prescription can now buy ...
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What is GivingTuesday? How to donate on the annual day of charitable giving

Since it started as a hashtag in 2012, GivingTuesday, the Tuesday after Thanksgiving, has become one of the biggest fundraising days of the year for nonprofits in the U.S. This year, nonprofits face uncertainty about how donors may respond to a range of changing ...
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AP Decision Notes: What to expect in Tennessee’s special congressional election

WASHINGTON (AP) - Less than a month after Democrats scored a string of victories over Republicans in the Nov. 4 general election, the next test at the ballot box for both parties heading into the 2026 midterm season will be Tuesday in a Tennessee ...
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Retirement Gnome: “Santa Claus: The Musical,” at the Circa ‘21 Dinner Playhouse through December 21

Harry and Marv. The Grinch. Mr. Potter. Hans Gruber. All of the other reindeer. There is no shortage of Christmas villains, and most are memorable. Yet after seeing Friday's performance of Santa Claus: The Musical at the Circa '21 Dinner Playhouse, I'm ready to ...
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Flurry of Fed dissents in coming meetings could pose market, political risks

By Howard Schneider WASHINGTON, Dec 1 (Reuters) - The U.S. Federal Reserve, sometimes criticized for being too consensus-driven, may see a run of divided votes on interest rates that could weaken its policy message and intensify doubts about its independence from political influence. A divide among ...
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Analysis-Blue Owl’s teachable moment for investors and asset managers chasing yield and ‘hot money’

By Isla Binnie NEW YORK, Dec 1 (Reuters) - Blue Owl's turnabout decisions in the last two weeks - to merge, and then not merge, and then maybe merge two of its private credit funds at a later time - offer a cautionary lesson for ...
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Wall St futures drop on caution ahead of data, Powell’s remarks

Dec 1 (Reuters) - U.S. stock index futures fell on Monday as investors stepped to the sidelines and awaited economic data and remarks from Federal Reserve Chair Jerome Powell to gauge the central bank's verdict on monetary policy when it meets later this month. Wall ...
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US Supreme Court to hear copyright dispute between Cox and record labels

By Blake Brittain WASHINGTON, Dec 1 (Reuters) - The U.S. Supreme Court is set to hear arguments on Monday in a bid by Cox Communications to avoid financial liability in a major music copyright lawsuit by record labels that accused the internet service provider of ...
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Tesla plummets in key European markets in November but new car sales jump in Norway

By Alessandro Parodi and Marie Mannes Dec 1 (Reuters) - Tesla saw November registrations in France, Denmark and Sweden halve from a year earlier, as the U.S. EV maker continued to struggle to stem market share losses in Europe despite rolling out new versions of ...
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Morning Bid: A far from quiet end to the year 

LONDON, Dec 1 (Reuters) - A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today. Trade in the final month of a turbulent 2025 is underway and the readout ...
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BillionToOne wins upbeat coverage as analysts flag growth in prenatal, cancer tests

Dec 1 (Reuters) - Wall Street analysts, who acted as lead underwriters for BillionToOne's Nasdaq debut last month, began coverage of the diagnostics firm on Monday with broadly upbeat views, pointing to its advanced technology and growth prospects in prenatal and cancer testing. BillionToOne's shares ...
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