08:05 AM EDT, 10/22/2025 (MT Newswires) -- Terns Pharmaceuticals ( TERN ) said Wednesday it will not advance its investigational obesity drug TERN-601 or invest in other metabolic assets after a phase 2 trial failed to meet thresholds for safety, tolerability, and efficacy. The oral GLP-1 receptor agonist showed a placebo-adjusted weight loss of 4.6% after 12 weeks, with around...

BERLIN, Oct 22 (Reuters) - German automaker Volkswagen will halt VW Golf production from next Wednesday due to chip supply issues, Bild reported on Wednesday. Volkswagen had said on Tuesday that it was temporarily halting some production but denied any connection with a stand-off over chipmaker Nexperia putting pressure on supply chains. A Volkswagen spokesperson declined comment on what they...

08:07 AM EDT, 10/22/2025 (MT Newswires) -- Avride said Wednesday it received an investment of up to $375 million from Uber Technologies ( UBER ) and Nebius ( NBIS ) . The company said the funding will support the expansion of its fleet, AI development, and geographic growth. It added that the deal builds on its existing partnership with Uber...

Overview * UniFirst ( UNF ) Q4 revenue beats analyst expectations despite a decline from the previous year * Diluted EPS for Q4 decreased to $2.23 from $2.39 in the prior year * Company repurchased 402,415 shares for $70.9 mln during fiscal 2025 Outlook * UniFirst ( UNF ) expects fiscal 2026 revenue between $2.475 bln and $2.495 bln *...