News Highlights: Top Company News of the Day - Friday at 3 PM ET

Dow Jones12-21 04:00
 
There's a New Obesity King 
 

Eli Lilly is now comfortably ahead of Novo Nordisk in the race to dominate the market for obesity treatments.

 
Starbucks Baristas Walk Out, Picket in Three Cities in Bid for Contract 
 

Employees of the coffee chain launched a five-day action in Chicago, Los Angeles and Seattle after the union called for a strike.

 
Novo Nordisk Shares Plunge After New Obesity Shot Disappoints 
 

Shares in the company dived after a new anti-obesity treatment missed expectations in a study, denting its chances of becoming the company's next blockbuster weight loss drug.

 
Three Big Banks Sued by CFPB Over Zelle Scams 
 

The agency says JPMorgan, Bank of America and Wells Fargo didn't do enough to protect users from fraud.

 
Netflix Scores Next Two FIFA Women's World Cups 
 

The streaming service will have the exclusive U.S. rights to the 2027 and 2031 tournaments.

 
Trump Transfers Entire $4 Billion Truth Social Stake to His Revocable Trust 
 

Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social's parent company, to a revocable trust in his control.

 
Winnebago posts its first adjusted loss in years, as consumers want cheaper RVs 
 

Winnebago's stock falls after another disappointing quarterly report, which included a surprise adjusted loss and a revenue miss.

 
Carnival Stock Jumps After Earnings. Why It's Cruising Into 2025. 
 

The travel stock looks set to chart a smooth course for the coming year. Management said it expects net income to rise 20% in 2025.

 
EU Approves Nvidia's Run:ai Takeover 
 

Nvidia's takeover of Israeli streamlining provider Run:ai cleared a key regulatory hurdle with EU approval without conditions.

 
Synopsys' Bid for Ansys Faces In-Depth Probe in U.K. 
 

The U.K. Competition and Markets Authority said it would launch an in-depth probe into Synopsys' $35 billion acquisition of Ansys, unless the chip-sector companies can offer a deal that eases the regulator's concerns.

 
 

(END) Dow Jones Newswires

December 20, 2024 15:00 ET (20:00 GMT)

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