Breaking News: Business

• Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator - TechDisney making $1 billion investment in OpenAI, will allow characters on Sora AI video generatorPublished Thu, Dec 11 20259:02 AM ESTUpdated 4 Min AgoAshley
• Eli Lilly's next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial   - The drugmaker is betting big on retatrutide as the next pillar of its obesity portfolio after its weight loss injection Zepbound and its upcoming pill. 
• Southwest CEO says airline 'actively pursuing' network of airport lounges - Southwest's CEO said the carrier is weighing a network of airport lounges
• Rivian turns to AI, autonomy to woo investors as EV sales stall - Rivian is under pressure to deliver future growth potential for investors and expand its customer base amid slowing sales of electric vehicles.
• Refinance demand for FHA loans jumps 24%, as homeowners seek the most savings they can - Current homeowners are turning to government FHA loans, which offer lower interest rates, to find savings, as conventional rates turn higher.
• Commercial real estate deal volume drops for the first time in nearly two years - Commercial real estate has had a rough year after gaining momentum coming out of the pandemic.
• Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery - Paramount's all-cash tender offer sets up a potentially months-long battle with Netflix to convince WBD shareholders which bid is best.
• Comcast president outlines unsuccessful WBD offer and future of NBC's Peacock - Comcast made multiple offers for Warner Bros. Discovery's streaming and studio assets before Netflix was deemed the winning bidder.
• Paramount Skydance launches hostile bid for WBD after Netflix wins bidding war - Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
• Trump trade war shift away from Chinese manufacturing has reached tipping point - A long-term supply chain shift pulls the rest of Asia even with manufacturing giant China, but for importers, a short-term cash crunch from tariffs is looming.