Bayer Mulls Possible Split of Crops or Consumer Health
Bayer CEO Bill Anderson said he is looking at various structural options for the company but ruled out splitting the group into three businesses.
Gilead Sciences Results Beat Estimates
Company reported net income of $2.18 billion, or $1.73 a share, compared to $1.79 billion, or $1.42 a share, a year earlier.
Rivian Plans to Make More EV Trucks, SUVs in 2023
In its earnings release, the company also ended an agreement to sell electric vans exclusively to Amazon.
EBay Stock Slumps as Outlook Disappoints. Europe Is the Worry Spot.
The CEO said the online marketplace saw “a little bit of softening” in September and October, particularly in the U.K. and Germany.
TPG Gains on Stepped Up Deal Activity
The buyout firm invested $5.5 billion during the third quarter and scored a big win on Creative Artists sale.
Goldman Moves to Unload GM Credit Card
The investment bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending.
Australia’s Optus Sees No Sign of Cyberattack in Large-Scale Outage
Singapore Telecommunications-owned Optus has no evidence that a cyberattack was to blame for a network outage affecting millions of customers including emergency services, hospitals and transport systems.
Virgin Galactic to Cut Jobs in Strategic Realignment
Chief Executive Officer Michael Colglazier said the company needed to divert resources to deliver its new Delta Class ships.
KKR Grows Assets Despite Tough Market Conditions
The global private-markets firm raised $14 billion in the quarter ending Sept. 30, including $8 billion for credit and liquid strategies.
Lucid Cuts Production Guidance as Its Results Fall Short
Lucid expects to produce about 8,300 EV in 2023. Prior guidance was for about 10,000 vehicles.
Source: Dow Jones Newswires