Smith Collection | Archive Photos | Getty Images Pfizer on Tuesday said its experimental obesity drug, which it acquired through Metsera, drove solid weight loss when taken once a month in a mid-stage trial. Patients with obesity or who are overweight lost up to 12.3% of their weight compared with placebo at week 28 in…
Merck on Tuesday reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But the company posted a modest 2026 outlook that fell short of Wall Street’s expectations as it prepares for a few drugs to lose patent protection later this year and face generic…
Albert Bourla, CEO of Pfizer, speaking on Squawk on the Street at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026. Oscar Molina | CNBC Pfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its modest 2026 guidance that rattled investors in December….
Dollar General and Aldi logos. Reuters Store openings in the U.S. are expected to rise and store closures fall this year compared to 2025, with value retailers leading the growth as they continue to attract more of consumers’ dollars, according to an analysis by Coresight Research. Overall, Coresight projects that U.S. retailers will close about…
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World in Orlando, Florida, May 31, 2024. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom — and all of Disney’s other theme parks, too. The company’s experiences division, which includes its parks, cruise…
Devon Energy’s Jackfish Projects processing plant in Alberta, Canada. Jimmy Jeong | Bloomberg | Getty Images Devon Energy and Coterra Energy on Monday announced a $58 billion all-stock merger to become a large-cap producer with a top position in the Permian Basin as the shale sector consolidates to cut costs and boost scale. The largest…
KARACHI: Gold and silver prices continued to decline for a third straight session in international and domestic markets on Monday. In the international bullion market, gold prices fell sharply by $215 per ounce to $4,676. In Pakistan’s local market, the price of gold per tola dropped by Rs21,500 to Rs490,362, while the price of 10…
Islamabad should prepare for comprehensive trade deal with Brussels rather than relying on preferences alone European Commission President Ursula von der Leyen and India’s Prime Minister Narendra Modi arrive for a photo opportunity ahead of their meeting at the Hyderabad House in New Delhi, India, on Feb 28, 2025. PHOTO: REUTERS ISLAMABAD: At a time…
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin, Ethereum, and Solana slumped as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his choice for the next Federal Reserve chairman. In…
Former Fed official faces challenge of translating long-standing criticism into actionable reforms FILE PHOTO: Former US Federal Reserve Governor Kevin Warsh speaks during a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, US May 9, 2025. REUTERS WASHINGTON: Kevin Warsh checks a long list of boxes for President Donald Trump as…