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The Latest Breaking News on Business

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

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

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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

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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

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Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down

The Independent UK

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.

International Business Times

I Did Business With China, and America Won

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

Reason

Yelp turns 20

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

Salon

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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.

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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.

International Business Times

Boeing Suspends Negotiations With Striking Workers

Boeing on Tuesday suspended negotiations with its striking workers as it accused the International Association of Machinists and Aerospace Workers (IAM) of making unreasonable demands and withdrew its offer.

International Business Times

Chinese Shares Drop On Stimulus Upset, Asia Tracks Wall St Higher

Stocks in mainland China and Hong Kong fell Wednesday in a volatile start a day after Beijing left investors disappointed over a lack of fresh stimulus and scant detail on its plans for implementing a raft of measures already unveiled.

International Business Times

Brazil Lifts Ban On Musk's X, Ending Standoff Over Disinformation

Brazil's Supreme Court said Tuesday it was lifting a ban on Elon Musk's social network X, which was blocked in its biggest Latin American market for over a month amid a row over disinformation.

Windows Central

Google ordered to open its Android app store to third-party rivals, including Epic Games — no more "Google's scare screens and Google's 30% app tax"

Judge James Donato issued his final ruling on the Epic v. Google case, deeming Google Play Store an illegal monopoly. Donato's ruling highlighted several changes that need to be made, including opening the Google Play Store to third-party app stores for three years.

InsideEVs

2026 Chevy Bolt: Just As Cheap, But Actually Profitable For GM

GM said the next-generation Bolt will be part of a "family" of Bolts. One could be even cheaper.

Barchart

Here's What to Expect From Mid-America Apartment Communities’ Next Earnings Report

Mid-America Apartment Communities is expected to release its fiscal third-quarter earnings later this month, and analysts project a single-digit FFO decline.

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