Pfizer Expects Decline in Covid-19 Drug Demand to Hurt 2026 Earnings
Pfizer projected 2026 adjusted earnings per share of $2.80 to $3, below analysts' expectations of $3.05.
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Kraft Heinz Picks New CEO Ahead of Split
Steve Cahillane is set to take over. Carlos Abrams-Rivera, who became the company's leader in 2024, will step down in January.
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Breach at South Korea's Equivalent of Amazon Exposed Data of Almost Every Adult
Tens of millions of names, phone numbers and other sensitive information were leaked in a breach that went undetected for months.
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CoreWeave's Staggering Fall From Market Grace Highlights AI Bubble Fears
The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays.
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Kering Gets $690 Million for Stake in Fifth Avenue Property
Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing financial flexibility.
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Trump Sues BBC for $10 Billion Over Documentary Editing
The suit was filed in federal court in Florida.
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Holcim to Buy Peruvian Building-Materials Producer Cementos Pacasmayo
Holcim said it will buy a majority stake in the company in a deal that values the target as a whole at $1.5 billion.
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Ford Takes $19.5 Billion Hit in Detroit's Biggest EV Bust
The sum marks the U.S. auto industry's biggest reckoning to date that it can't realize its EV ambitions anytime soon.
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Frontier Airlines Names Interim CEO, Biffle to Exit
James Dempsey steps into the role of interim chief executive officer effective immediately.
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PayPal Applies to Establish Bank
The digital payments company said it had filed applications with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to establish PayPal Bank.
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Comcast Spinoff Versant Debuts at Modest Valuation, a Signal for a Warner Bros. Sale
Early trading suggests the cable-network spinoff is being valued conservatively, a signal that could matter in the Warner Bros. Discovery takeover battle.
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Stellantis Hits Milestone of 1,000 Hires for Windsor, Ontario Plant
The automaker said it hopes to add 1,500 jobs for a third shift at the Windsor Assembly Plant to launch early next year as it looks to meet anticipated demand for Dodge Chargers and Chrysler minivans.
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Hard Rock, Mets Owner Steve Cohen Get Final Green Light for Queens Casino
The New York State Gaming Commission voted to issue Hard Rock International and Mets owner Steve Cohen a gaming license, clearing the way for an $8.1 billion casino project near Citi Field in Queens.
(END) Dow Jones Newswires
December 16, 2025 09:00 ET (14:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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