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The Latest Breaking News on Business

GM, Foxconn To Move Production To Mexico

The companies will reportedly swap out imports for local production.

International Business Times

Phillips 66 Ordered To Pay $604.9M To Propel Fuels In Trade Secret Theft Case

A California jury found Phillips 66 guilty of stealing trade secrets from Propel Fuels and awarded $604.9 million in damages.

International Business Times

FTC announces 'Click to Cancel' rule for canceling subscription services — what you need to know

The Federal Trade Commission is looking into making canceling subscriptions an easier process.

Tom’s Guide

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil company Phillips 66 says it will shut down Los Angeles-area refinery

Oil company Phillips 66 has announced it plans to shut down a Los Angeles-area refinery that produces about 8% pf the state's crude oil

The Independent UK

Analysts revisit Netflix stock price targets as Q3 earnings loom

Netflix, which cracked down on password sharing last year, has seen big gains in ad-supported revenue.

The Street

Security leaders can't catch a break, with many on the verge of quitting

If changes aren't made, security pros could quit in huge numbers.

TechRadar

Nearly 80% Of New EVs Are Leased: Dealer Data

Tax credit rules heavily incentivize leasing for many models, leading to absurdly high leasing rates for EVs sold by traditional brands.

InsideEVs

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Netflix Q3 Preview: Is NFLX Stock Overvalued Ahead of Earnings This Week?

Netflix stock has crushed the broader market's returns since its IPO in 2002. Can the tech stock move higher after its Q3 results this week?

Barchart

Budget Horror: Consumers Plan To Spend Less For Halloween Due To Inflation: Study

Many Americans plan on creating do-it-yourself costumes to save a buck.

International Business Times

Intel Corp Stock May Have Bottomed - Attracting Unusual Call Options Activity in INTC Today

Intel Corp (INTC) stock may have bottomed out. Investors in long-dated call options today may have concluded this, resulting in unusual options volume. They may believe that INTC is worth substantially more.

Barchart

Intel Corp Stock My Have Bottomed - Attracting Unusual Call Options Activity in INTC Today

Barchart

Earnings Preview: What To Expect From Paycom Software's Report

Paycom Software is poised to announce its third-quarter results later this month, and analysts predict a single-digit decline in the company’s bottom-line figure.

Barchart

Bitcoin Price Tests $68,000, Spot Bitcoin ETFs Clear Key Levels

Analysts forecast bitcoin could test record highs ahead of the election. Spot Bitcoin ETF inflows spike. VP Harris reveals crypto policy.

Investors Business Daily

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low

The Guardian - UK

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Tom’s Hardware

Intel laying off 1,300 workers from Oregon site as it reduces workforce by 15,000 workers company wide

Intel is laying off 1,300 workers from its Oregon facility as part of its 15% workforce reduction.

Barchart

What to Expect From Sysco's Next Quarterly Earnings Report

Sysco is expected to release its first-quarter earnings this month, and analysts anticipate a single-digit profit increase.

Investors Business Daily

General Motors Bets $625 Million On Lithium Americas Project; LAC Stock Jumps

Lithium Americas will get a further $625 million from General Motors to move forward with its Thacker Pass, Nev., mine. LAC stock jumped.

InsideEVs

Fisker Ocean Recall Costs Will Be Covered By The Automaker, Judge Rules

Previously, the bankrupt automaker said owners would have to pay for the labor costs associated with the recalls.

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news in one place.

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Barchart

What to Expect From Extra Space Storage's Q3 2024 Earnings Report

Extra Space Storage is gearing up to release its third-quarter earnings at the end of this month, and analysts expect a slight profit increase.

Barchart

Here's What to Expect From ONEOK's Next Earnings Report

ONEOK is all set to release its third-quarter earnings this month, and analysts expect a double-digit profit increase.

International Business Times

Coca-Cola 'Zero-Sugar' Lemonade Found To Contain Full Sugar

The FDA's recall notice cited that the cans of regular Minute Maid Lemonade were incorrectly packed into cartons labeled Minute Maid Zero Sugar Lemonade.

Barchart

What to Expect From Match Group's Q3 2024 Earnings Report

Match Group will announce its Q3 earnings later this month, and analysts expect to see a double-digit decline in its bottom line.

Reason

Biden's Top Trade Official Just Admitted Tariffs Haven't Changed China's Behavior

Katherine Tai said tariffs were "leverage" against China, but now she admits that China hasn't made "any changes to its fundamental systemic structural policies."

Barchart

Earnings Preview: What to Expect From Phillips' Report

Phillips will release its third-quarter earnings this month, and analysts anticipate a double-digit profit dip.

The Guardian - US

The cannabis industry is awaiting a legal green light, but can businesses survive?

Legal gray area surrounding the drug makes it difficult to prepare next steps, with rescheduling a perpetual threat

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