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BUSINESS1d agoMartin Shkreli violated lifetime pharma industry ban, FTC and states say in contempt claimShkreli was banned from the pharmaceutical industry after a trial found that he organized an illegal scheme to perpetuate a monopoly for the drug Daraprim.CNBC
BUSINESS1d agoKroger plans largest layoffs in its nearly 150-year historyThe company's CEO said it was committed to 'simplifying' operations and 'deploying more resources where they matter most.'headtopics · united states of america
BUSINESS1d agoWells Fargo stock falls as Q3 capital market revenues lag, 2026 NII guidance maintainedWells Fargo's stock has fallen due to lower-than-expected capital market revenues in the third quarter. Despite this, the company has maintained its net interest income guidance for 2026.Seeking Alpha Tech
BUSINESS1d agoTyton Partners Promotes Brian Feeney to Managing DirectorFeeney will expand the firm’s edtech coverage and lead a new franchise at the intersection of sports, education, and AI-enabled technology NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) — Tyton Partners, the leading investment banking and strategy consulting firm focused on the global knowledge sector, today announced the promotion of Brian Feeney to Managing Director. […]financialpost · canada
BUSINESS1d agoJohnson & Johnson in charts: Innovative medicine growth offsets Stelara drag in Q3; U.S. sales rise 9.1% Y/YJohnson & Johnson's Q3 performance shows growth in innovative medicines compensated for a decline in Stelara sales, with overall U.S. sales increasing year-over-year. This report provides an update on the company's financial health and product performance.Seeking Alpha Tech
BUSINESS1d agoWells Fargo GAAP EPS of $1.87 beats by $0.01, revenue of $21.87B misses by $450MWells Fargo reported GAAP EPS that slightly beat expectations, while its revenue missed projections. This provides an update on the financial performance of a major bank.Seeking Alpha Tech
BUSINESS1d agoHumana expects major liability reduction on new BlackRock clinic JVHumana anticipates a significant reduction in liabilities following a new joint venture with BlackRock for clinic operations. This indicates a strategic business move with financial implications for the companies involved.Seeking Alpha Tech
BUSINESS1d agoThe Kibitz Room calls itself a Jewish deli. To the State of New Jersey, that’s not quite kosher.The Cherry Hill deli faces a $1,000 penalty for failing to disclose that its food is not kosher. The operator calls the proposed sanctions a 'schmear campaign.'headtopics · united states of america
BUSINESS1d agoUnitedHealth Group tops estimates, hikes profit outlook as insurer manages high medical costsUnitedHealth Group said it expects 2026 adjusted earnings of at least $20.50 per share, up from a previous outlook of $19.50 to $20.00 per share.CNBC
BUSINESS1d agoUnitedHealth beats top-line and bottom-line estimates; updates FY26 outlookUnitedHealth has exceeded its financial estimates and provided an updated outlook for fiscal year 2026. This indicates positive performance and future projections for the company.Seeking Alpha Tech
BUSINESS1d agoGoldman and JPMorgan to report on trading slowdown as earnings season kicks offPerformance of stock traders helps Goldman report 30 per cent rise in third-quarter net incomeFinancial Times
BUSINESS1d agoU.S. Treasury yields fall as energy prices pull backBond yields fell on Tuesday as investors await more economic data releases this week.CNBC
BUSINESS1d agoGoldman Sachs upgrades global equities to overweight, favoring U.S. and AsiaGoldman Sachs has upgraded global equities to overweight, specifically favoring investments in the U.S. and Asia. This signals a positive outlook on these markets from a major financial institution.Seeking Alpha Tech
BUSINESS1d agoStellantis Q3 shipments slip to 1.3M units amid North American slumpStellantis's third-quarter shipments decreased to 1.3 million units, primarily due to a decline in the North American market. This indicates a challenging quarter for the automotive manufacturer.Seeking Alpha Tech
BUSINESS1d agoCharacter.ai files Chapter 11; Disney steps in as stalking horse bidderCharacter.ai has filed for Chapter 11 bankruptcy, with Disney acting as a stalking horse bidder. This marks a significant financial restructuring for Character.ai and a potential acquisition by Disney.Seeking Alpha Tech
BUSINESS1d agoKroger to eliminate 3,000 corporate jobs in three-year AI restructuringKroger plans to eliminate 3,000 corporate jobs over three years as part of an AI-driven restructuring effort. This signifies a major corporate change impacting employment and reflecting the growing influence of AI in business operations.Seeking Alpha Tech
BUSINESS1d agoPepsiCo cuts Poppi payout estimate to $12M amid U.S. soda sales slumpPepsiCo has reduced its estimated payout for Poppi to $12 million due to a decline in U.S. soda sales. This indicates a significant financial adjustment by a major beverage company.Seeking Alpha Tech
BUSINESS1d agoMicron authorizes record $35.16B share buyback program starting Dec. 9Micron has authorized a substantial $35.16 billion share buyback program set to commence on December 9th.Seeking Alpha Tech
BUSINESS1d agoPort St. Lucie moves forward with plans for new Costco storeThe Port St. Lucie City Council unanimously approved a site plan application for a new Costco store in the Southern Grove district, bringing the project closer to completion.wpbf · united states of america
BUSINESS1d agoInvestors brave US Treasury rout to lock in highest yields in decadesGovernment bond funds are attracting record inflows as borrowing costs hit their highest level in decadesFinancial Times
BUSINESS1d agoSix Flags shares plunge after-hours following report of deadly roller coaster incidentOne person died and several others were injured in an incident involving the Goliath roller coaster at Six Flags Over Georgia, according to reports.CNBC
BUSINESS1d agoThe IMF maintains US growth at 2.3% due to consumption and the AI boomLa economía estadounidense crecerá un 2,3 % en 2023, impulsada por el consumo privado y la inversión tecnológica, según el FMI. El déficit por cuenta corriente aumentará al 3,9 % en 2026, mientras que la productividad y condiciones financieras apoyan el crecimiento.Clarín
BUSINESS2d agoTrumps' Russia diesel deal will do little for U.S. prices, analysts sayAnalysts suggest that a diesel deal between Trump and Russia will have minimal impact on U.S. prices. The article discusses potential economic effects of international trade agreements.Seeking Alpha Tech
BUSINESS2d agoNestlé to invest additional US $1B in Mexico before 2030Swiss food and beverage multinational Nestlé plans to increase its announced investment in Mexico from US $1 billion to $2 billion during President Claudia Sheinbaum’s administration. The post Nestlé to invest additional US $1B in Mexico before 2030 appeared first on Mexico News DailyMexico News Daily
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