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The Latest Breaking News on Business

What Are Wall Street Analysts' Target Price for Truist Financial Stock?

Although Truist Financial has lagged the S&P 500 in the past 12 months, analysts maintain a generally positive view on the bank’s forward performance.

Barchart

Starbucks workers hold strike vote amid anger over pay and conditions

Union says world’s largest coffee chain engaged in bad faith bargaining and stonewalled over contract

The Guardian - US

Texas freezes program to help minority-owned businesses

The state comptroller’s office said it would stop issuing or renewing certifications under the Historically Underutilized Business program. Acting Comptroller Kelly Hancock said it was the latest step toward ending DEI in Texas.

The Texas Tribune

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Apple reports record iPhone sales as new lineup reignites worldwide demand

Tim Cook forecast 10% to 12% revenue growth in the quarter ending in December, typically Apple’s biggest of the year

The Guardian - US

Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

Fortune

Federal agencies are backing plans to ban top-selling home internet router because of national security fears: report

U.S. officials are concerned that the California-based TP-Link Systems still has ties to its former Chinese corporate parent

The Independent UK

Apple delivers strong results despite global trade war and AI rivalry

Strong demand for iPhones drove the company’s revenue higher in the three months to the end of September, closing its fiscal year with record profits.

Euronews

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BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

Editor's Note: This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan

Benzinga

Mohamed El-Erian Warns Some AI Names Will 'End Up In Tears' But Supports Limited Winners In AI's 'Rational Bubble'

Mohamed El-Erian, the chief economic adviser at Allianz, issued a stark warning on Thursday that investments in some AI-related names will “end up in tears,” even as he categorized the boom as a “rational bubble.”

Benzinga

AWS was not down, and it was wrongly connected to the Microsoft outage — here’s what went down yesterday

AWS outage reports spiked again for the cloud service yesterday (October 29) after a mass outage last week. But this time, AWS was quick to dispute these reports with us.

Tom’s Guide

China's factory activity contracts for 7th month, reflecting tariffs pressure on trade

China has reported its factory activity contracted for a seventh straight month in October, reflecting pressure from higher U.S. tariffs and sluggish domestic demand

The Independent UK

Do Wall Street Analysts Like RTX Corporation Stock?

Despite RTX Corporation’s outperformance relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

Barchart

Jim Cramer Says Apple Bears 'Owe Us An Explanation' After Q4 Report, Dan Ives Calls Earnings 'Pound-The-Table Moment' For The Stock

On Thursday, Apple Inc. (NASDAQ:AAPL) delivered a fourth-quarter performance, prompting Wedbush Securities' Dan Ives to call it a "pound-the-table moment." CNBC's Jim Cramer also said that critics "owe us an explanation."

Benzinga

If You Thought Epic Universe Was Crowded Already, You Ain't Seen Nothing Yet

Epic Universe's crowds may be increasing very soon.

Cinemablend

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Benzinga

Amazon Q3 FY2025 Earnings Call Transcript

Amazon.com, Inc. (NASDAQ:AMZN) released its third-quarter earnings report after Thursday’s closing bell.

The Independent UK

Gayle King expected to depart ‘CBS Mornings’ in latest restructure under new leader Bari Weiss: report

King, who has fronted the broadcaster’s morning show for over a decade, is expected to step down from her anchor role on next year, according to a report

The Independent UK

Apple delivers strong quarter despite iPhone sales slowdown and ongoing artificial technology issues

Apple’s iPhone sales growth decelerated during its summertime quarter, but the company still delivered financial results that exceeded analyst projections while the trendsetting company continued to catch up to its Big Tech peers in the artificial intelligence race

The Independent UK

Amazon reports higher sales and earnings for 3Q, helped by its accelerating computing arm business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting shoppers looking for good prices while inflation resurges

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Operation Sports

CWA Urges Regulators to Review EA’s $55 Billion Buyout

The union has voiced its concerns.

Android Central

Galaxy Z Fold 7 and Flip 7 shine as Samsung posts its strongest quarter in years

Samsung’s Q3 2025 profit surge is backed by both super-charged chip results and strong mobile/foldable performance.

Benzinga

Chipotle CEO Says Gen Z Is Eating Out Less — But He's Not Lowering Prices

Chipotle Mexican Grill Inc's (NYSE:CMG) cult following may not be recession-proof after all. CEO Scott Bowright admitted during Chipotle’s third quarter earnings call that younger and lower-income consumers are pulling back — but he's drawing a firm line: no discounts.

Motor1

'Corporate Greed:' Nissan Dealer Calls Out Company in Angry Letter

Nissan appears to be at a crossroads moment. The brand has seen its market share decline considerably since its peak in 2017. Nissan is updating its model lineup, but not at a pace that captures the attention of consumers relative to other brands. The Titan is gone, the new Z…

TechRadar

EY reportedly leaked a massive 4TB database online - exposing company secrets online for all to see

EY says the database was not exposed for long.

Barchart

Welcome to the $4 Trillion Market Cap, Microsoft! Are There More Gains for MSFT Stock in Store?

Microsoft is up over 900% in the past decade, valuing the Big Tech giant at $4 trillion. Can MSFT stock continue to rise over the next 12 months?

The Independent UK

Deal between the US and China is undoing damage from a self-inflicted trade war

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock

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