Burger King Strikes Joint Venture to Double Presence in China
China’s CPE plans to invest $350 million, taking an 83% stake, to help fuel restaurant growth in the region.
—-
Citadel Launches New Stock-Picking Unit in Europe
Strategic Equity Investments, led by a former Elliott Investment Management partner, will take bigger stakes in European companies.
—-
Microsoft’s Dealings With OpenAI Still Need a Lot More Sunlight
The company’s new disclosures only underscore how much remains hidden.
—-
Softer TSMC Sales Shouldn’t Set off AI Alarm Bells
Analysts say it would be premature to take TSMC’s October sales as a sign that demand for artificial intelligence is starting to ebb.
—-
Diageo Taps Consumer-Industry Veteran as New CEO
Dave Lewis will be tasked with reviving the fortunes of the booze giant, which faces weak demand in key markets.
—-
Pfizer and Metsera Reach Deal Expected to Top $10 Billion
Pfizer prevailed over Novo Nordisk after an unusual bidding war for the weight-loss startup.
—-
FAA Orders Grounding of MD-11 Planes After Kentucky Crash
UPS and FedEx had earlier removed cargo planes from service as the death toll in Louisville climbs to 14.
—-
Visa, Mastercard Near Deal With Merchants That Would Change Rewards Landscape
The deal under discussion would lower credit-card interchange fees for merchants, but could make it harder for consumers to use rewards cards at the register.
—-
Disney’s ‘Predator: Badlands’ Kicks Off November With $40 Million Box Office Haul
Domestic ticket sales well surpassed the $25 million expected and soundly thrashed the weekend competition.
—-
Israeli Spyware Maker NSO Gets New Owners, Leadership and Seeks to Mend Reputation
Investors led by Hollywood producer Robert Simonds have taken a controlling stake in the company behind Pegasus, and former Trump official David Friedman has been named executive chairman.
—-
Why Car Insurers Are Under Pressure to Cut Rates
Car insurers have been bracing for the fallout from a trade war, but it’s a price war they should be more worried about.
—-
Trump Calls for Antitrust Probe Over Rising Beef Prices
The president accused meatpacking companies of driving up beef prices and the Justice Department has launched an investigation.
—-
Sony and CBS Settle ‘Wheel of Fortune’ and ‘Jeopardy!’ Fight
Sony Pictures Television will take over distribution of the two shows from CBS starting with international sales later this year, followed by domestic sales to local TV stations in the fall of 2028.
(END) Dow Jones Newswires
November 10, 2025 07:15 ET (12:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.