08:17 AM EDT, 09/25/2025 (MT Newswires) -- Eli Lilly ( LLY ) has stopped its study evaluating the impact of bimagrumab and tirzepatide, alone or in combination, in lowering body weight in obesity patients with type 2 diabetes, an update from the US registry of clinical trials showed Wednesday. The study was terminated for strategic business reasons, the website showed....

Sept 25 (Reuters) - Chevron ( CVX ) said on Thursday it was expecting a loss of $200 million to $400 million in the third quarter due to the impact related to the acquisition of Hess. Chevron ( CVX ) closed its $55 billion buyout of Hess in July after winning a landmark legal battle against larger rival Exxon Mobil...

07:45 AM EDT, 09/25/2025 (MT Newswires) -- Starbucks ( SBUX ) said in a Thursday filing that its board has approved a restructuring plan the will see the closure of a number of its coffeehouses and a reduction of about 900 current non-retail partner roles in the company. Chief Executive Officer Brian Niccol announced the job cuts in a letter...

07:48 AM EDT, 09/25/2025 (MT Newswires) -- Drugs Made In America Acquisition II (DMII) said Thursday it has priced an initial public offering of 50 million units at $10.00 per unit. Each unit consists of one share and a right to one-tenth (1/10) of a share upon the consummation of an initial business combination, the blank-check company said. The units...