U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short
U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans...
Tesla shares soar 21% as surprise profit answers skeptics
Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new...
Israeli fashion mogul submits bid for Barneys, challenging Authentic Brands
Israeli businessman Samuel Ben-Avraham said on Wednesday he has submitted an offer for Barneys New York Inc, challenging a $271 million bid for the bankrupt...
Amazon buys healthcare start-up Health Navigator
Amazon.com Inc said on Wednesday it bought healthcare start-up Health Navigator, its second purchase in the healthcare services industry....
J&J slashes third-quarter profit by $3 billion over proposed opioid deal
Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment....
Ford cuts full-year profit outlook as third-quarter profit dips
Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed...
Huawei exposure roils Xilinx’s revenue forecast
Xilinx Inc on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a...
Forecast points to deepening Illinois budget deficit
Illinois’ budget deficit will top $3 billion and its pile of overdue bills will hit a new record high by fiscal 2025 if the state’s...
Spirit Airlines commits to 100 Airbus jets amid tariff dispute
U.S. budget carrier Spirit Airlines on Wednesday unveiled a provisional deal to order 100 Airbus A320neo-family jets to be delivered through 2027, becoming the first...
Johnson & Johnson says proposed opioid settlement to lower reported third-quarter profit by $3 billion
Johnson & Johnson on Wednesday lowered its previously reported profit for the third quarter to $1.8 billion from $4.8 billion to account for a proposed...