The Latest Breaking News from NYSE

The U.S. economy grew at a 3.8% annual rate in the second quarter, its fastest pace since the third quarter of 2023 and above the long-term trend.

On Thursday, the U.S. Food and Drug Administration (FDA) approved Eli Lilly and Co.’s (NYSE: LLY) Inluriyo (imlunestrant) for adults with estrogen receptor-positive (ER+), human epidermal growth factor receptor 2-negative (HER2–), ESR1-mutated advanced or metastatic breast cancer (MBC) whose disease progressed after at least one line of endocrine therapy (ET).

KBR, Inc. (NYSE:KBR) said Wednesday its board approved a plan to spin off its Mission Technology Solutions business, creating two independent public companies. The transaction, expected to be tax-free, is targeted for completion by mid-to-late 2026.

Meta Platforms (NASDAQ:META) is broadening access to its Llama AI models for key U.S. allies, aiming to enhance national security, operational efficiency, and mission-specific capabilities.

PayPal Holdings, Inc. (NASDAQ:PYPL) and alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) announced a two-year agreement on Wednesday under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by PayPal in the U.S.

Ford Motor Co. (NYSE:F) is reportedly offering low interest rates to customers with weak credit ratings on the F-150 Pickup truck through September.

Ford Motor Co. (NYSE:F) has issued a recall for the F-250, F-350 and F-450 lines of its pickup trucks over a defect that can lead to steering issues.

Lithium Americas Corp (NYSE:LAC) stock surged 67.75% following reports that the Trump administration is looking to acquire a 10% stake in the company.

Boeing Co. (NYSE:BA) has announced a strategic partnership with Palantir Technologies Inc. (NASDAQ:PLTR) to integrate the latter’s AI solutions platform across Boeing’s defense and space unit.