Grindr Gets Buyout Offer From Two Board Members
The proposal prices the shares at $18 each, a premium of about 51% to Grindr’s stock price on Oct. 10.
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Porsche Skids to Loss on Bad EV Bet, Tariffs
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
The company reported higher first-quarter sales and said it was investing in product innovation instead of lowering prices to draw cautious consumers.
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Alaska Airlines Tech Outage Drives Hundreds of Canceled 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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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.
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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.
(END) Dow Jones Newswires
October 24, 2025 15:15 ET (19:15 GMT)
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