Porsche’s Operating Profit Slumps as EV Challenges, China Woes Take Toll
Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump’s tariffs have taken a toll on the sport-car maker.
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Brookfield in Advanced Talks for Massive Nuclear Project in South Carolina
Nuclear energy is having a comeback as big tech’s AI push stokes demand.
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GM Cuts More Than 200 White-Collar Jobs in Detroit
The move comes days after GM’s stock surged to a record following better-than-expected earnings and a rosier outlook.
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Procter & Gamble to Focus on Innovation, Not Discounts, to Attract Wary Shoppers
Procter & Gamble’s sales grew in the first quarter and the consumer products company expects a milder effect from tariffs this fiscal year.
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Alaska Airlines Works to Restore Operations After Tech Outage Grounds Flights
The carrier postponed its quarterly earnings call after the hourslong ground stop Thursday night.
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Booz Allen Cuts Jobs, Fiscal-Year Outlook as Government Funding Stalls
Booz Allen slashed its outlook for the year and trimmed its workforce further as it faces a prolonged and severe slowdown in government-contract funding, particularly in its civil sector.
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Big Banks Enter Stablecoin Era by Taking Zelle International
The move could help the big bank owners of the payment product head off cryptocurrency competition.
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General Dynamics Revenue Rises on Stronger Business-Jet Demand
General Dynamics posted higher third-quarter revenue and profit, driven by increased orders for business jets as corporate profits continue to grow and a new tax law offered companies incentives to buy planes.
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Meta Charged by EU Over Handling of Illegal Content
The European Commission said the Facebook owner fails to give users a simple way to flag such content.
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Beyond Meat Expects Impairment Charge, Revenue In Line With Target
The plant-based meat producer plans to book a charge in the latest quarter related to certain assets, though revenue for the period is set to be in line with the company’s target.
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HCA Lifts Outlook as Quarterly Profit, Revenue Rise
HCA Healthcare lifted its full-year outlook after logging higher profit and revenue in the third quarter, as same-facility admissions grew.
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Investors Love Intel Again. That Still Doesn’t Solve Its Problems.
Despite a rally in the storied chip maker’s stock price, there is little evidence of a real turn in the company’s fortunes.
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Sanofi Earnings Get Boost From Dupixent, New Drugs as U.S. Talks Continue
Shares rose after a jump in sales of the blockbuster Dupixent drug and robust pharmaceutical launches delivered higher revenue and adjusted earnings.
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UBS Names New Chief Operating Officer in Executive Reshuffle
Lukas Gaehwiler, vice chairman of UBS’s board since 2022, will retire following next year’s annual general meeting after a 45-year career in the sector.
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Safran Raises Outlook, Forecasts Residual Tariff Hit
The aerospace-industry supplier’s new 2025 outlook includes the impact of tariffs, which the company had excluded up until now due to uncertainty about their effect.
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Lithium Giant Cheers U.S., Australia Minerals Pact, Warns on Price Supports
The chief executive of Pilbara Minerals praised a new critical minerals deal between the U.S. and Australia as a fillip to building out global supply chains for commodities essential to modern technologies.
(END) Dow Jones Newswires
October 24, 2025 13:15 ET (17:15 GMT)
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