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The Latest Breaking News on Business

Troubled Boeing withdraws 30 percent salary increase offer to striking workers

The offer would have resulted in a pay increase by almost a third over four years for 33,000 US staff, according to the aircraft manufacturer

The Independent UK

The 10 least satisfying cars of 2024, according to Consumer Reports

Car buyers should steer clear from these vehicles, which exhibit a range of issues from uncomfortable interiors to “mushy steering.”

The Street

Hurricane Milton Could Cost Disney Up to $200 Million As the Storm Reaches Florida

Disney's attendance is expected to drop by 6% this quarter. The company's four parks and Disney Springs are closed

Latin Times

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After 26% EPS Dive, Delta Air Sizing Up Hit From Hurricane Milton

Revenue topped, but Delta Air Lines guidance disappointed. Delta stock dropped near a buy point.

Investors Business Daily

Best Electric Cars Priced Under $50,000

What are the best affordable electric car options? Here are our choices for the best EVs under $50,000.

InsideEVs

What to Expect From Rollins' Q3 2024 Earnings Report

Rollins is expected to release its fiscal third-quarter earnings later this month, and analysts project a single-digit profit growth.

Barchart

Here's What to Expect From Principal Financial Group's Next Earnings Report

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

Barchart

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Rio Tinto Buys Fallen Lithium Stock As Battery Metal Price Bottoms; Albemarle Gets Target Boost

Rio Tinto is buying fallen lithium stock Arcadium Lithium for $6.7 billion, capitalizing on a crash in lithium prices. Albemarle, seen as a potential M&A target, rallied.

Investors Business Daily

Hartford Financial Services' Quarterly Earnings Preview: What You Need to Know

Hartford Financial Services is all set to release its third-quarter earnings this month, and analysts expect a single-digit profit increase.

Barchart

Arthur J. Gallagher's Q3 2024 Earnings: What to Expect

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

Barchart

Boeing Strike: Sides Prep For Extended Fight After Talks Collapse

Boeing and its mechanist union held an unproductive round of talks on Monday and Tuesday. Boeing stock falls as the strike continues.

Investors Business Daily

Textron's Q3 2024 Earnings: What to Expect

Textron will release its third-quarter earnings this month, and analysts anticipate a marginal bottom-line growth.

Barchart

Old Dominion Freight Line Earnings Preview: What to Expect

Old Dominion Freight Line is all set to announce its third-quarter results later this month, and analysts predict a single-digit decline in the company’s bottom-line figure.

Barchart

Texas Is Taking Back the State Highway 288 Tollway—at a Steep Price

The private firms who have operated the tollway will be paid $1.7 billion by TxDOT, adding to the profit they’ve already made in toll revenues, construction contracts, and sales of shares.

Texas Observer

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The Independent UK

Boeing withdraws contract offer after talks with striking workers break down

Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down

International Business Times

OpenAI Accuses Elon Musk Of Harassment Following New Lawsuit

OpenAI accused Elon Musk for harassing the company following the lawsuit filed by Tesla's owner.

International Business Times

Rio Tinto To Become One Of World's Top Lithium Producer With $6.7B Arcadium Buy

Rio Tinto will be acquiring Arcadium in an all-cash $6.7 billion deal that would cement it as one of the world's top lithium producers.

International Business Times

PepsiCo Slashes 2024 Revenue View On Slower Snack Sales In America, Tepid International Markets

Previously, the company had anticipated a 4% growth, but it now expects a low-single-digit increase in organic revenue for 2024. However, PepsiCo has maintained its forecast for core constant currency earnings per share, projecting at least an 8% increase.

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news in one place.

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Reason

I Did Business With China, and America Won

Everyone benefited when I manufactured my invention in China, but Americans benefited more.

Salon

Yelp turns 20

"How can you tell if the review you're reading is sincere?"

The Guardian - US

TechScape: An elite Silicon Valley school tests a tech fast

TechScape’s new writer; the surprising results of a $60k-a-year school’s tech-free week; and how to opt yourself out of AI training

Fortune

Enterprise CEO said only 11% of consumers know the company does more than just car rentals

After taking over the family company in 2020, CEO Chrissy Taylor is dead set on expanding Enterprise beyond car rentals.

International Business Times

EIA Expects US Natural Gas Production To Decline In 2024 Despite Soaring Demand

According to the Energy Information Administration, U.S. dry gas production is expected to decrease from last year's 103.8 billion cubic feet per day (bcfd) to 103.5 bcfd this year.

Barchart

Tractor Supply Earnings Preview: What to Expect

Tractor Supply is gearing up to unveil its third-quarter earnings this month and analysts expect a single-digit earnings dip.

Barchart

What to Expect From A. O. Smith's Q3 2024 Earnings Report

A. O. Smith is poised to release its third-quarter results later this month, and analysts expect a single-digit earnings growth.

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