Top Stories — Wednesday, September 10, 2025
What is trending in the USA today? Here is Breaking News:
- Wegovy-maker Novo Nordisk to cut around 9,000 jobs — CNBC
- Poland Says It Shot Down Russian Drones That Entered Its Airspace — nyt News
- Qualcomm unveils driverless tech with BMW, sees 'domino effect' of customers — CNBC
Wegovy-maker Novo Nordisk to cut around 9,000 jobs
Source: CNBC • Published: 9/10/2025, 11:58:13 AM
Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to cut around 9,000 roles, or roughly 11.5% of its global workforce.
"Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the company's growth opportunities in diabetes and obesity," the company, which produces the Wegovy weight loss medication, said in a statement,
"As part of the transformation, Novo Nordisk intends to reduce the global workforce by approximately 9,000 of the 78,400 positions in the company, with around 5,000 reductions expected in Denmark."
The company said the headcount reduction would incur a one-off cost of 8 billion Danish kroner ($1.26 billion).
As a result of the one-off costs, the company said its now expect full-year operating profit growth of 4% to 10% at constant exchange rates, down from the 10% to 16% outlined in its second-quarter results in August.
The overhaul marks the first major move by CEO and President Maziar Mike Doustdar, who took the reins at the pharma giant last month following the surprise ouster of Lars Fruergaard Jørgensen.
Novo Nordisk, once the first mover in weight-loss drugs, has been struggling to maintain market share — especially in the key U.S. region — amid a slew of supply chain issues and increased competition from rival Eli Lilly and cheaper compounded weight loss drugs.
"Our markets are evolving, particularly in obesity, as it has become more competitive and consumer-
driven. Our company must evolve as well. This means instilling an increased performance-based culture, deploying our resources ever more effectively, and prioritising investment where it will have the most impact – behind our leading therapy areas," Doustdar said in a statement.
During a July investor call confirming his appointment, Doustdar had said he was assuming the role with a sense of "urgency" and three key priorities. Those included defending Novo's leadership in diabetes and obesity treatment, fostering a high performance culture and realigning the company's cost base and driving efficiencies.
This is a developing story and will be updated shortly.
Poland Says It Shot Down Russian Drones That Entered Its Airspace
Source: nyt News • Published: 9/10/2025, 11:56:52 AM
Poland said on Wednesday that it had shot down Russian drones that entered its airspace during a massive attack on targets across the border in Ukraine, calling it an "act of aggression" by Moscow.
Poland and NATO air forces launched warplanes and put ground-based air defenses on high alert, the Polish military said, adding that Dutch F-35 fighters had taken part in the response. It said that drones had repeatedly violated the country's airspace after Russia began a wave of strikes in Ukraine, near the Polish border.
There were no immediate reports of casualties in Poland. The military did not say how many drones had entered the country's airspace or how many were shot down. The military said it was looking for crash sites.
"This is an act of aggression that posed a real threat to the safety of our citizens," the military's operational command said on social media.
There was no immediate comment from Russia's defense ministry.
Russian drones have crossed into Poland before, including two drone incursions last week that caused no damage.
Airspace was temporarily closed over parts of Poland because of the military operation, halting all flights at some airports, including the country's biggest, Warsaw Chopin Airport. The airspace over Warsaw Chopin was later reopened, but the airport said disruptions and delays would persist through Wednesday.
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Read the full story at nyt News.
Qualcomm unveils driverless tech with BMW, sees 'domino effect' of customers
Source: CNBC • Published: 9/10/2025, 11:46:23 AM
Qualcomm's self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of the U.S. chip giant told CNBC.
The comments underscore how Qualcomm, a major player in smartphone chips, is diversifying its business into new areas, with automotive among its fastest-growing divisions.
Last week, Qualcomm and German auto giant BMW announced an automated driving system that is built on the former's semiconductors.
It's called the Snapdragon Ride Pilot Automated Driving System and is a type of driver-assist feature. It allows hands-free driving on certain roads or even lane changing, but not for the car to be fully driverless.
The system will debut on the new BMW iX3 and the companies say it will be available across 100 countries by 2026.
But while the system has been developed with BMW, Cristiano Amon, CEO of Qualcomm, told CNBC in an interview Tuesday that the technology has been designed to licence to other automakers.
"Everybody's been waiting for this moment, including ourselves, because people wanted to see how it performs in the street," Amon said, adding that the BMW iX3 will launch with the automated driving technology in 60 countries. This will allow the system to be demonstrated, he said.
"I think what I expect to happen, as OEMs [Original Equipment Manufacturers] see how it compares and how competitive it is, that's going to ignite a domino effect" of other carmakers wanting to use the technology, Amon said.
The Qualcomm CEO said the company had "made a lot of progress" in talks with other carmakers, but is "not yet ready to announce" any partnerships yet.
Qualcomm's biggest revenue driver is the chips that power smartphones from players including Samsung and Xiaomi.
But Amon has looked to diversify the company into new areas, including PC chips, data center semiconductors and automotive.
He has big hopes for the auto business, which brought in nearly $1 billion in the June quarter and grew 21% year-on-year. The company has previously said it expects automotive revenue to grow to $8 billion by its 2029 fiscal year.
In an effort to achieve that, Qualcomm is designing technology for various parts of a car. Its chips can power in-car entertainment systems, for example, and on Monday, the company announced a partnership with Google Cloud that allows automakers to create their own digital assistants.
"[Qualcomm] are building a whole ecosystem led by software," Murtuza Ali, senior analyst at Counterpoint Research, told CNBC. "The main thing is they are a fully integrated solution provider for autonomy, which is what they were lacking."
Traditional car firms, particularly in Europe, are thought to be falling behind when it comes to technology such as autonomous driving, compared with their rivals from China.
For complete details, visit the original sources linked above.
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