Squawk Pod 5 Things to Know Before the Opening Bell 11/10/2025
Nov 10, 2025
Pfizer impressively wins a bidding war for obesity drug developer Metsera, raising questions about future antitrust issues. FedEx and UPS are grounding their MD-11 cargo planes after a tragic crash at a Kentucky hub, highlighting safety concerns in the aviation industry. Meanwhile, major changes occur at the BBC as its head of news resigns amid controversies over edited Trump footage. Insights into how Visa and Mastercard may soon settle on interchange fees also point to shifts in shopping rewards programs.
AI Snips
Chapters
Transcript
Episode notes
BBC News Chief Resigns Over Documentary Edits
- The BBC's head of news resigned over edits to a Panorama documentary of President Trump's January 6 speech.
- Critics said the edits removed context and misled viewers about the speech's content.
Card Networks Near Merchant Settlement
- Visa and Mastercard are nearing a settlement with merchants over interchange fees after two decades of litigation.
- The deal could reshape how consumers use rewards and how merchants accept card payments.
MD-11 Fleets Grounded After Fatal Crash
- UPS and FedEx grounded over 50 MD-11 cargo planes after a fatal UPS crash in Kentucky.
- The move affects global cargo operations and highlights safety risks tied to aging fleets.