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Eli Lilly Surges as Third-Quarter Earnings Exceed Expectations

Eli Lilly Surges as Third-Quarter Earnings Exceed Expectations

BUSINESS - 10/30/2025

Eli Lilly's third-quarter results exceeded estimates, driven by strong demand for Zepbound and Mounjaro. The company raised its revenue forecast, fueling a 5% rise in shares. Discover how Eli Lilly is maintaining its lead in the competitive obesity drug market.

Magic Leap Unveils New Android XR Smart Glasses Prototype

Magic Leap Unveils New Android XR Smart Glasses Prototype

TECHNOLOGY - 10/30/2025

Magic Leap reveals a new Android XR smart glasses prototype, partnering with Google to enhance AR technology. Despite past struggles, the company aims for a resurgence in the industry.

GM Lays Off 1,700 Workers Amid Electric Vehicle Market Slowdown

GM Lays Off 1,700 Workers Amid Electric Vehicle Market Slowdown

BUSINESS - 10/29/2025

In a significant move, General Motors has laid off around 1,700 workers at its Michigan and Ohio plants due to a slowdown in the electric vehicle market. The company aims to realign its EV capacity amid evolving regulations and declining consumer incentives.

Paramount Begins Major Staff Cuts: 1,000 Jobs Slashed Under New Leadership

Paramount Begins Major Staff Cuts: 1,000 Jobs Slashed Under New Leadership

ENTERTAINMENT - 10/29/2025

In a significant shakeup, Paramount has begun laying off 1,000 employees as part of a strategy to cut costs and streamline operations under new CEO David Ellison. This move marks the first phase of a broader plan to eliminate 10% of the workforce, reflecting the challenges facing the entertainment industry amid changing consumer habits.

Amazon Revamps Gaming Strategy Amid Major Layoffs

Amazon Revamps Gaming Strategy Amid Major Layoffs

TECHNOLOGY - 10/28/2025

Amazon is undergoing significant changes in its gaming division, including layoffs and a strategic shift towards more console-friendly titles. The company aims to enhance its cloud-gaming platform, Luna, while focusing on popular IPs.

Lukoil Exits Global Markets Amid Tough U.S. Sanctions

Lukoil Exits Global Markets Amid Tough U.S. Sanctions

BUSINESS - 10/27/2025

In a significant turn of events, Russian energy giant Lukoil announces its exit from international operations due to stringent U.S. sanctions, potentially leading to a 30% drop in revenues. The company seeks buyers for its foreign ventures amidst escalating tensions over the Ukraine conflict.

Amazon Set to Lay Off 30,000 Employees: What You Need to Know

Amazon Set to Lay Off 30,000 Employees: What You Need to Know

BUSINESS - 10/27/2025

In a major shakeup, Amazon plans to lay off up to 30,000 corporate employees starting Tuesday. This move follows a trend of workforce reductions after massive hiring during the pandemic. Get the details on the cuts and what they mean for the company.

Tesla Board Issues Ultimatum: Approve $1 Trillion Pay Package for Musk or Risk Losing Him

Tesla Board Issues Ultimatum: Approve $1 Trillion Pay Package for Musk or Risk Losing Him

BUSINESS - 10/27/2025

Tesla's board warns shareholders to approve Musk's $1 trillion pay package or face his departure as CEO. With Musk's influence and Tesla's future at stake, the November vote is crucial.

Tesla's Ongoing Struggle: Swedish Mechanics Mark Two Years on Strike

Tesla's Ongoing Struggle: Swedish Mechanics Mark Two Years on Strike

BUSINESS - 10/27/2025

As the strike at Tesla's Swedish service centers enters its second year, tensions rise between the company and mechanics fighting for union rights, amid a backdrop of cold winter weather and high stakes.

ExxonMobil Challenges California's Emission Reporting Laws in Court

ExxonMobil Challenges California's Emission Reporting Laws in Court

BUSINESS - 10/26/2025

ExxonMobil has filed a lawsuit against California's controversial emissions reporting laws, claiming they violate its free speech rights. The company argues the laws unfairly target it as a major polluter and require misleading disclosures.

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