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Novo Nordisk’s obesity pill shows cardiovascular benefits, comparable efficacy to injection

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk presented new data on Wednesday showing its experimental weight-loss pill improved blood sugar control and reduced cardiovascular risk factors, bolstering the Danish drugmaker's case for the treatment ahead of an expected U.S. approval by year-end. If that goes ...
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China poses ‘very significant’ challenge to German brands, BMW leader says

By Gergely Szakacs DEBRECEN, Hungary (Reuters) -China poses a "very significant" competitive challenge to German carmakers, the head of luxury carmaker BMW's new Hungarian plant said on Wednesday, with Chinese rival BYD soon to start production in the country. Under right-wing Prime Minister Viktor Orban, Hungary ...
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Axon shares extend fall as tariffs hurt the Taser maker’s quarterly profit

By Aatreyee Dasgupta (Reuters) -Shares of Axon Enterprise slipped 19% in premarket trading on Wednesday, a day after the Taser maker missed analysts' estimates for third-quarter profit due to higher costs from U.S. tariffs. The Arizona-based Axon's shares had fallen nearly 21% after market hours on ...
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Health Rounds: Sound waves promote healing of diabetic foot ulcers

(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays.) By Nancy Lapid (Reuters) -High-energy sound waves can stimulate healing in patients with diabetes whose chronic foot wounds don't respond to standard therapies, a team of ...
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Siemens Healthineers preparing for potential Siemens’s share sale -CFO

By Alexander Hübner and Marleen Kaesebier (Reuters) -Siemens Healthineers is preparing for the possibility that its biggest shareholder Siemens AG may reduce its stake in the medical technology company to less than 50%, its CFO said on Wednesday. Those preparations include talking to credit rating ...
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New York Times tops estimates for subscriber adds on strong demand, bundling efforts

(Reuters) -The New York Times added more than double the number of digital subscribers than Wall Street had expected in the third quarter, as consumers flocked to its website to keep track of the rapidly changing global political and economic landscape. The publisher on Wednesday ...
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Wall St set for muted open after private payrolls data; tech valuation concerns persist

By Twesha Dikshit and Purvi Agarwal (Reuters) -U.S. stock indexes were poised for a muted open on Wednesday, as investors retreated from AI-linked stocks for a second day on concerns over ballooning valuations and parsed through a stronger-than-expected private payrolls report. U.S. private payrolls rebounded sharply ...
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US private payrolls rebound in October, but some industries continue to shed jobs

WASHINGTON (Reuters) -U.S. private payrolls rebounded sharply in October, but the turnaround likely does not suggest a material shift in the labor market because some industries such as professional business services shed jobs for a third straight month. Private employment increased by 42,000 jobs last ...
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Death toll in Louisville UPS plane crash rises to 9

By David Shepardson (Reuters) -The death toll from the crash of a UPS cargo plane that erupted into a fireball moments after takeoff in Louisville, Kentucky on Tuesday has risen to nine, city and state officials said Wednesday. Investigators from the National Transportation Safety Board will ...
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Gemini AI to transform Google Maps into a more conversational experience

Google Maps is heading in a new direction with artificial intelligence sitting in the passenger's seat. Fueled by Google's Gemini AI technology, the world's most popular navigation app will become a more conversational companion as part of a redesign announced Wednesday. The hands-free experience is meant ...
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The Latest: Supreme Court is set to hear arguments over Trump’s tariffs

WASHINGTON (AP) - The U.S. Supreme Court will hear arguments Wednesday over President Donald Trump's sweeping tariffs, putting a tool at the center of his economic and foreign policy agendas squarely before the high court. The case involves the tariffs first announced in April on ...
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The Latest: Trump putting a positive spin on the economy after voters rebuked his performance

President Donald Trump is heading to Miami on Wednesday - the anniversary of his reelection to a second term - to speak to a forum of business leaders and global athletes about what he sees as his economic achievements. His speech comes after Democrats ...
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