Altria CEO Gifford to Retire in 2026, CFO Mancuso Tapped to Take Over
Altria Group said Chief Executive Billy Gifford will retire in May and named chief financial officer, Sal Mancuso, as Gifford's replacement.
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Lilly Reports Dramatic Weight Loss in Next-Gen Obesity-Drug Trial
Eli Lilly said its next generation weight-loss drug retatrutide resulted in significant weight loss and reduced knee pain in a late-stage trial.
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Thyssenkrupp Shutters Electrical Steel Plants, Warns of Potential Job Losses
Plants in Germany and France would be closed from mid-December until the end of the year as a response to imports that it says are undermining the European steel sector.
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Oracle Can't Escape OpenAI's Shadow
The ChatGPT parent still accounts for most of the software company's revenue backlog.
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Schneider Electric Expands Revenue Target, Plans Buyback Program
The company now expects organic revenue growth of between 7% and 10% for 2026 to 2030 and plans a share buyback of up to $4.09 billion.
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Sanofi's Bleeding-Disorder Treatments Get Approval in China
Two treatments for both chronic and acute conditions, Qfitlia and Cablivi, have been approved in China.
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EU Launches In-Depth Foreign Subsidies Probe Into China's Nuctech
The bloc said Nuctech might have received grants, preferential tax measures and loans which could have improved its competitive position in Europe.
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Naturgy Shares Drop After BlackRock Offloads Part of Stake
The sale accounts for about 7.1% of Naturgy's share capital. BlackRock's GIP retains an 11.42% stake in the Spanish energy company.
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For Trump, the Warner Megadeal Talks Are All About CNN
The future of the news organization that regularly draws rebukes from the president could be a decisive factor in the outcome of a deal.
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Broadcom Reports Earnings After the Close Today. Analysts Expect Strong Results.
The consensus is that Broadcom will report October quarter revenue of $17.5 billion, with adjusted earnings per share of $1.87.
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Can Costco's Earnings Report Silence Skeptics? What Could Revive the Stock.
A dip in membership renewal rates and concerns over operating costs are clouding the retailer's outlook after years of significant outperformance.
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He Blames ChatGPT for the Murder-Suicide That Shattered His Family
The estate of victim Suzanne Eberson Adams is suing OpenAI for wrongful death, and her grandson is speaking out for the first time.
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Keppel REIT to Boost Stake in Singapore Office Tower in Over $700 Million Deal
The Asia-focused real-estate investment trust is acquiring an additional one-third interest in Marina Bay Financial Centre Tower 3, making it the biggest shareholder in the building, which has a value of about US$1.12 billion.
(END) Dow Jones Newswires
December 11, 2025 09:00 ET (14:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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