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The Latest Breaking News on Business

Massive Verizon outage — latest service restoration updates, cause being investigated

Verizon Wireless customers were without service for most of the day, but service seems to have been restored during the evening. Here's the latest on the Verizon outage.

Tom’s Guide

Intel Leads 5 Worst Dow Jones Stocks Through Q3; Can These Dogs Get Their Bite Back?

Intel leads the worst Dow stocks so far in 2024. Investors look to the Dogs of the Dow for tasty dividends. What does this group offer?

Investors Business Daily

Nike Withdraws Guidance, Earnings Top Views But Sales Still Slump

Nike earnings manage to beat analyst estimates. Revenue missed views as softness in North America and China continues. Nike stock dips.

Investors Business Daily

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How Is Etsy's Stock Performance Compared to Other Internet Retail Stocks?

As Etsy underperformed relative to its industry peers, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

Earnings Preview: What To Expect From Conagra Brands' Report

Conagra Brands is poised to release its first-quarter results next month, and analysts are projecting a double-digit earnings decline.

Barchart

Reminder: Disney Plus, Hulu and ESPN Plus are about to see a scary price hike in October

Disney Plus, Hulu and ESPN Plus are about to see a price rise on October 17.

TechRadar

Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites

Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.

Fortune

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You Too Can Be a 401(k) Millionaire. Here’s How

Joining the ranks of 401(k) millionaires can be withing your sights with these four strategies.

Kiplinger

Hong Kong, Shanghai Soar On China Stimulus As Strong Yen Hits Tokyo

Shanghai jumped more than eight percent -- its best day since 2008 -- and Shenzhen more than 10 percent, while Hong Kong briefly leapt around four percent.

Latin Times

Can Southwest CEO Bob Jordan keep activists at bay?

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott Management.

Fortune

Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins

Huawei's latest GPU for AI, the Ascend 910C, has finally hit the sampling stage.

Tom’s Hardware

Oil Prices Climb Amid Middle East Tensions

The Middle East war is causing oil prices to rise. Brent crude is up 0.71% to $72.49/barrel, while WTI crude is up 0.63% to $68.61/barrel.

International Business Times

Las Vegas Strip casinos have a problem on their hands

Consumer confidence might be causing a problem for Las Vegas Strip casinos.

The Street

Stellantis Has Way Too Many Unsold Cars

It wants to lower inventory by offering bigger discounts on older cars.

Motor1

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The Independent UK

China factory surveys show economy weakening, as Beijing steps up support

Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

Latin Times

U.S. Port Strike Set To Start Tuesday Threatens To Cause Nationwide Shortages and Worsen Inflation

Disruptions at major U.S. ports could delay shipments and raise prices on consumer goods, Biden Administration won't intervene.

The Street

$4 billion fund manager puts 3 top stocks in focus

The MSCI All Country World (stock) Index, excluding the U.S., has climbed 8% this year.

The Guardian - US

Zuckerberg Augustus: Meta’s emperor rebrands in new clothes

Mark Zuckerberg’s new revamp is a far cry from the zip-up hoodies and suits emblematic of earlier eras of Facebook

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Fortune

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned, report says

According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and $100 billion in 2029.

Zenger

Global Survey Reveals Alarming Cyberattack Trends: Nearly Half Of Respondents Victimized‌ ‌

45% report data compromise, 50% exposed at work, highlighting need for enhanced cybersecurity measures.‌ ‌

Barchart

3 Midstream Energy Dividend Stocks for Steady Passive Income

The rise of artificial intelligence and data centers is driving growth in the midstream energy sector, making companies like Antero Midstream, Kinetik Holdings, and Energy Transfer attractive investment opportunities for steady passive income.

The Street

Analysts reset Costco stock price targets amid new consumer trends

Here’s what could be next for the wholesale retailer.

The Street

Ford CEO says he's sick and tired of making 'boring' cars

In a recent interview, he emphasized the need for Ford to build "iconic" cars.

The Independent UK

Latest talks between Boeing and its striking machinists break off without progress, union says

The union representing Boeing factory workers who are currently on strike in the Pacific Northwest says contract talks “broke off” with the company after another bargaining session

The Street

Dell has a rude awakening for employees over return to office

The tech giant has just announced a major change to its work culture.

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