General Motors Stock Slides as Iran Conflict Drives Up Costs
The automaker said commodity and logistics expenses outweighed higher third-quarter profit and revenue, and approved a $20 billion multiyear buyback plan.
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Amazon to Hire More Than 300,000 U.S. Workers for Holiday Season
The company said it is seeking people for seasonal, part-time and full-time roles at its core operations nationwide.
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Ray-Ban Maker EssilorLuxottica's Sales Rise, Buoyed by Smartglasses
Sales of smartglasses, powered by artificial intelligence and produced in partnership with tech giant Meta, jumped 20% in the third quarter.
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Kroger Targets Earnings Growth, Operations Overhaul in New Three-Year Plan
Grocer said it plans to turn its attention to core strengths as part of a self-funded plan to simplify and modernize the business.
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Webull to Offer Perpetual Futures Starting Next Month
Webull is preparing to roll out perpetual futures contracts, a derivative contract new to regulated U.S. markets that never expires, on its online investment platform next month.
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Google Says Services Are Recovering After U.K. Cloud Outage Hits Businesses
Alphabet's Google said services were recovering after a cloud outage on Tuesday disrupted online services for several U.K. banks and other businesses.
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Salesforce to Buy Customer-Engagement Platform for Nearly $5.7 Billion
Salesforce signed a deal to buy Braze for about $5.66 billion including debt, adding a customer-engagement platform to its portfolio.
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GE Aerospace Continues to See High Demand Despite Supply-Chain Delays
The jet engine maker raised its outlook for the year after third-quarter orders climbed 49%, even as supply-chain snarls continue to result in slower production and delivery delays.
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Disney's Former CEO Is Getting $100,000 a Month as Activist's Nominee for Vail Board
Oasis Management is paying the consulting fee to Bob Chapek, one of the activist investor's four nominees to the ski company's board of directors.
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RTX Lifts Forecast for Third Time This Year on Aerospace, Defense Demand
RTX said over $81 billion in new commercial and defense awards during the latest third quarter pushed the defense contractor's total backlog to a record $340 billion.
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3M Lifts Earnings Outlook as Profit Jumps
In the third quarter, 3M reported a profit of $1.37 billion, or $2.63 a share, compared with $834 million, or $1.55 a share, a year earlier.
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Elice Slides in Korea Debut Amid Caution Toward AI Stocks
South Korean data-center startup Elice's shares fell as much as 36% in afternoon trading, signaling investor caution toward artificial-intelligence stocks.
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Hasbro Lifts Outlook on Surging Magic Card Game Sales
Hasbro raised its revenue outlook, with executives now expecting a 7% to 9% increase for the year in constant currency, up from a prior outlook of up 5% to 7%.
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Halliburton Logs Sharply Higher Profit as Revenue Climbs
The Houston oil-services company posted a third-quarter profit of $417 million, or 50 cents a share, compared with $18 million, or 2 cents a share, a year ago.
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Amazon Pledges More Than $17 Billion to Expand German Operations
The company plans to invest AI infrastructure, high-speed satellite internet, logistics projects and new Prime Video content, the latest big-ticket investment from a U.S. tech company keen to expand overseas.
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