Wall Street Journal
Smithfield Foods Cuts Sales Forecast on Soft Pork Demand
For the third quarter, Smithfield Foods posted a profit of $91 million, or 23 cents a share, compared with a profit of $...
Inside the 11th-Hour Scramble to Save Anthropic’s Debt Deal
Plus, Microsoft and Skydance turn to voluntary exits to shrink their workforces, and Trump’s tariff exposes America’s re...
Mercedes-Benz Cuts Guidance on China Weakness, Higher Costs
In addition to an increasingly challenging market environment in China, the automaker expects higher costs in the fourth...
Anthropic’s ‘Adjusted’ Profit Exposes Wall Street’s Earnings Game
The AI developer’s losses were the flip side of the big gains for Amazon and Alphabet....
Microsoft Is Trying to Shed a Lot of Workers. Just Don’t Call It a Layoff
The tech giant is offering buyouts to 60,000 employees just as Skydance is also seeking volunteers to leave the company....
Tata Motors Clears Key Hurdle in Iveco Takeover as Shareholders Back Buyout
The majority of Iveco shareholders tendered their shares for Tata Motors’ proposed takeover offer, valuing the Italian m...
Reckitt Cuts Outlook After Lysol Issues Stunt North America Sales
Like-for-like net revenue in North America fell 1.3%, but the company anticipates a rebound from Lysol and North America...
Porsche Sticks to Guidance as Turnaround Efforts Begin to Pay Off
The luxury sports-car maker said it continued to reap early benefits from a strategic reset....
Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount
The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, accord...
Novartis Raises Guidance Despite Trial Setbacks Hitting Profit
The Swiss drugmaker cited solid sales growth and productivity gains, even as recent clinical-trial setbacks hit its bott...
HSBC Quarterly Profit Climbs, Plans $1 Billion Buyback
The bank said quarterly results were supported by growth in banking net interest income and lower expected credit losses...
China’s Industrial Profit Growth Surged in September
China’s industrial profit growth rose 14.4% from a year earlier in September, supported by strong gains in electronics a...
Jay-Z Announced as Super Bowl Halftime Star
The rapper owns Roc Nation, the entertainment company that helps the NFL book the show....
America Needs Canada’s Aluminum. Trump’s Tariff Exposed Just How Badly.
Smelters in Quebec run on cheap hydroelectric power. The Trump administration’s 50% tariff has pushed up prices for Amer...
Weil Gotshal Leaders Spent Frantic Weekend Trying to Stabilize Law Firm
Leaders met all day Sunday and one recently reached out to restructuring counsel seeking guidance on options....
DoorDash Circles Deal to Buy Instacart
Plus, Brazilian markets crashed after Lula’s surprise election victory, and Florida is leading a battle against big tech...
Nucor Reports Higher Profit, Revenue on Steel Mills Strength
The steel producer’s results were headlined by the steel mills segment, where earnings before income taxes and noncontro...
Whirlpool Heading for Full-Year Loss as Costs Mount and Sales Fall
The appliance maker said higher raw material and fuel costs are compounding its problems....
Ben & Jerry’s Founders Have Been Exploring Deal With KKR Executive
The deal would separate the brand from Magnum, the ice cream company spun out of Unilever. But Magnum says Ben & Jer...
DoorDash Is in Advanced Talks to Acquire Delivery Rival Instacart
The deal could be completed as soon as this week, people familiar with the matter said....
JetBlue Shares in Tailspin as High Fuel Prices Threaten Turnaround
Executives have said the airline remains confident in its strategy and sees progress in returning to profitability....
Microsoft Will Offer Buyouts to 60,000 Employees
The software giant said the buyouts will be available to certain workers in the U.S., U.K., Canada and India....
Bon Secours Affiliate to Acquire Surgery Partners in $5.7 Billion Take-Private Deal
Bain Capital-backed Surgery Partners operates through a network of ambulatory surgery centers, surgical hospitals and ph...
These Maps Show Why It’s So Hard to Recover the World’s Lost Fuel Supplies
President Trump is grasping for ways to lower fuel prices ahead of the midterms, but refinery attacks have limited his o...
Meta Plans up to $95 Billion in Financing to Power Its AI Growth
The Facebook parent said it would look to raise up to $95 billion to help fund its massive investments in artificial-int...
Banks Target Influencers Who Pursue Credit-Card Points a Little Too Far
Plus, secrecy mixes with a studio’s unusual celebrity to make ‘You Can See Everything’ a smash....
Ciena’s Board Opts for Patience Amid Tech Upheavals
Plus, the AI bet faces a new earnings test this week...
Frasers Group to Make Hugo Boss a Subsidiary After Taking Majority Ownership
Frasers increased its stake in Hugo Boss just enough to achieve majority ownership, and said German premium-apparel comp...
FedEx Hires AutoZone’s Jamere Jackson as Chief Financial Officer
FedEx has hired Jamere Jackson as the package-delivery giant’s new chief financial officer, plucking the executive from ...
Audi Announces Its First U.S. Factory; Nvidia, Micron Drive Earnings Boom
Plus, Fed and big earnings week ahead....
Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion
Verizon boosted its full-year outlook again as it continues to attract new customers. The mobile carrier also signed an ...
The Morning Risk Report: Lula Wins Fourth Term in Brazil Election Upset
Plus: Citi gets regulator nod for wholly owned securities venture in China and Tanker carrying Russian diesel signals U....
The Messy Fight Over California’s Proposed Billionaire Tax Divides Democrats
Plus, shoppers are convinced businesses are using AI to charge higher prices, and more U.S. manufacturing jobs require a...
This German Energy Giant Is an Overlooked AI Bargain
Siemens Energy is outselling GE Vernova on gas turbines....
Saudi Arabia’s Sabic Profit Rises Despite Lower Sales Volume
The company—one of the world’s largest petrochemical manufacturers—reported an increase in net profit even as regional s...
Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy, Saudi Attacks
Prices pulled back from recent highs as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed...
Galp Raises Full-Year View After Oil-Price Assumption Increase
The company now sees Brent at $90 a barrel over the full year, up from $80 and its full-year refining margin at around $...
Death Threats, Lawsuits and Billions in Play: The Battle Over Moving Russian Oil
A former Deutsche Bank executive got into business with the kingpins of Russia’s shadow fleet. Then it all went south....
Why So Many Shoppers Think Retailers Are Using AI to Jack Up Prices
Walmart, McDonald’s and other companies have dismissed concerns that they are raising prices based on who is buying or s...
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