Proxy Adviser ISS Urges Tesla Holders to Reject Musk $1 Trillion Pay Package
The advisory firm recommends investors reject moonshot pay deal and investment in xAI. However, investors have blessed Musk's prior pay packages despite similar opposition.
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Jefferies Shares Pare Losses After CEO Says First Brands Defrauded Bank
Rich Handler doesn't see the collapse of the auto-parts supplier as sign of broader credit issues.
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Goldman Sachs Pursues Bigger Share of AI Infrastructure Financing Boom
A new team will focus on deals to finance data centers and other artificial-intelligence projects.
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American Express Third-Quarter Sales Rise as Cardholders Regain Spending Confidence
Revenue climbed 11% to $18.43 billion in the quarter as consumers spent more on retail, restaurants and airlines, said the company.
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SLB Earnings Beat Estimates. Why the Stock Is Dropping.
CEO Olivier Le Peuch says revenue grew in the quarter
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Fifth Third Profit Rises, Comerica's Slips Ahead of Tie-Up
Fifth Third Bancorp posted higher profit in the third quarter, while Comerica's earnings slipped slightly, as the regional lenders prepare to combine in a $10.9 billion all-stock deal.
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State Street Posts Higher Profit as Fee Revenue Rises
The provider of financial services to institutional investors notched a higher top and bottom line for the third quarter, boosted by broad-based fee revenue increases.
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Apple Secures Formula One's U.S. Streaming Rights
Apple is broadening its menu of live sporting events it will offer on its streaming platform.
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BBVA's $19 Billion Hostile Takeover Bid for Sabadell Falls Through
The development draws to a close a hostile pursuit by Spain's second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.
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Trump Moves to Cut Price of Ozempic, Novo Nordisk Shares Fall
The president said the cost of the drug should be much lower for Americans once negotiations with Novo Nordisk had concluded.
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Oracle Isn't Answering the Hardest Questions About Its AI Plans
The software giant has boosted its long-term financial targets, but paying for an artificial-intelligence build-out is seen stretching company resources.
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Alibaba, Ant to Buy Hong Kong Office Space for $925 Million
The Chinese e-commerce giant and its affiliate will buy the top 13 floors of One Causeway Bay from Mandarin Oriental International for their Hong Kong headquarters.
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EssilorLuxottica Shares Soar After Revenue Accelerates Ahead of Forecasts
EssilorLuxottica shares surged after the Ray-Ban maker reported an acceleration in quarterly revenue that beat analysts' forecasts.
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Porsche in Talks to Replace CEO Blume With Former McLaren Boss
Oliver Blume's roles leading both Volkswagen and the sports-car maker have attracted mounting criticism.
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Verisure Unit Hit by Data Breach the Week After Stock Market Debut
The company detected unauthorized third-party access to data related to a business it previously acquired in Sweden, but there is no evidence that Verisure's own network and systems have been compromised, it said.
(END) Dow Jones Newswires
October 17, 2025 15:00 ET (19:00 GMT)
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