General Motors Lays Off Thousands of Electric-Vehicle Workers in U.S. Plants
The automaker is cutting jobs in Michigan, Ohio and Tennessee as it adapts to an evolving regulatory environment.
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John Malone Stepping Down as Chairman of Liberty Media, Liberty Global
Malone, who earned the nickname "Cable Cowboy," will become chairman emeritus of both companies and remain a controlling shareholder.
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Fiserv Erases $30 Billion in Market Value After New CEO Pulls Guidance
Shares tumble after the payments company, formerly led by Trump appointee Frank Bisignano, says its previous outlook is unachievable.
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Verizon's New CEO Promises Big Changes After Another Drop in Phone Subscribers
CEO Dan Schulman said that the telecommunications provider hasn't been able to translate its years of heavy network investment into customer growth, especially amid fierce competition that has pressured pricing.
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Boeing Books Nearly $5 Billion Charge for 777X Delays
The company pushed back the first delivery of its new 777X model to 2027 after falling behind schedule on some certification milestones.
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In Medicare, Less Is Now More for Big Insurers
UnitedHealth and CVS are pruning their Medicare Advantage businesses to favor profit over size.
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Internet Pioneer AOL to Be Acquired by Italian Tech Company Bending Spoons
Bending Spoons secured $2.8 billion in debt financing to help fund the deal and for other investments.
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Caterpillar's Shares Soar on AI Data Centers' Drive for More Power
The mining-and-construction equipment maker said demand for its power generators remained strong, as it raised its sales-growth forecast for the year.
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CVS Posts Loss on Write-Down, Boosts Guidance
CVS Health raised its guidance for the rest of the year, boosted by improved performance at its Aetna insurance unit.
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Kraft Heinz Lowers Full-Year Outlook on Weak Consumption Trends
The food producer posted a decline in quarterly sales amid industry concerns about higher inflation.
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GE HealthCare Tech Profit Slides as Tariffs Drag
GE HealthCare Technologies' said profit fell in the third quarter, weighed down by the added costs of tariffs.
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Paramount Lays Off Thousands of Workers, Including at CBS
CEO David Ellison cited "evolving priorities" for staff reductions across the organization.
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Hormel Cuts Forecast on Price Pressure, Consumer Backdrop; Parts Ways With CFO
Hormel Foods warned that earnings in the latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility.
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Etsy CEO Silverman to Step Down
The online marketplace for crafts and vintage items also logged an increase in earnings and revenue.
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Brinker Profit Rises as Chili's Shrugs Off Restaurant Slowdown
Chili's owner Brinker International reported higher first-quarter profit and sales despite broader industry concerns.
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UBS to Appeal Swiss Ruling on $17 Billion Credit Suisse Bond Wipeout
The move means the bank is bracing for a legal battle when trying to push back against steeper capital requirements and also finalizing the integration of Credit Suisse.
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Thermo Fisher Scientific Agrees to Buy Clario Holdings for $8.88 Billion
Thermo Fisher Scientific agreed to acquire endpoint data solutions provider Clario Holdings from a shareholder group for $8.88 billion in cash.
(END) Dow Jones Newswires
October 29, 2025 13:00 ET (17:00 GMT)
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