Amazon will cut about 14,000 corporate jobs to streamline operations and invest in AI, with more layoffs expected next year.
U.S. Treasury's Bessent urged Japan to pursue sound monetary policy, pressuring the BOJ ahead of its meeting as markets expect no rate hike.
Citigroup and Coinbase partner to offer digital asset payment solutions for institutional clients, bridging fiat and crypto transactions.
Qualcomm unveils two AI chips for data centers, available next year, boosting its AI push; shares jump nearly 15% on the news.
Goldman Sachs is in talks with Kuwait's wealth fund for a $10B mandate to invest in private equity, credit, and infrastructure.
Lululemon teams up with the NFL on a new apparel collection launching Tuesday, featuring all 32 teams; shares rise about 5% in premarket trading.
UnitedHealth investors, including Buffett's Berkshire, back CEO Stephen Hemsley's return to revive Optum and restore growth after a tough year.
HSBC will take a $1.1B charge in Q3 after partly losing an appeal in a Madoff-related lawsuit over funds tied to the Ponzi scheme.
American Airlines lags Delta and United in profits and luxury travel, earning just $12M vs rivals' billions despite offering most U.S. flights.
Trump adds 10% tariff on Canadian imports, accusing Canada of airing a "fraudulent" Reagan ad misrepresenting his stance on tariffs.
ExxonMobil sues California, claiming new climate disclosure laws violate free speech by unfairly blaming big firms for climate change.
SoftBank okays $22.5B second payment to complete its $30B OpenAI investment, pending the AI firm's restructuring for a future IPO, reports The Information.
VW Group has enough chips for now, says CEO Oliver Blume, as China's Nexperia export ban sparks new chip shortage fears across Europe's car industry.
Trump pardons Binance founder Changpeng "CZ" Zhao, aiming to boost the crypto industry after his 2023 conviction and Binance's $4.3B fine.
UK car production plunged 27% in September, with all vehicles down 35.9%, after Jaguar Land Rover halted output due to a major cyberattack.
GM unveils autonomous driving, Google-powered AI, and factory robots to boost future car production after strong earnings.
The Bank of Canada is set to cut rates 25bps on Oct 29 for a 2nd time, aiming to support the economy hit by U.S. tariffs and Q2's 1.6% contraction.
General Dynamics beats Q3 estimates with $3.88/share vs. $3.70 expected, driven by strong Gulfstream jet sales as affluent customers boost luxury travel.
Trump said all trade talks with Canada are ended after a controversial ad featuring Reagan. Tariffs on steel, aluminum, and autos remain in place.
Germany's private sector grew at its fastest pace in over 2 years in Oct, with PMI rising to 53.8 from 52.0, driven by strong services demand, beating forecasts.
Over 3,200 Boeing St. Louis workers will vote Oct. 26 on a revised contract offer, the machinists' union says. They build fighter jets and munitions.
Intel shares jumped 10% after Q3 profit beat estimates, driven by cost cuts and big investments from Nvidia, SoftBank, and the U.S. government.
The Trump administration raised Argentina's beef import quota to 80,000 tons to cut prices and support U.S. farmers, alongside plans to boost domestic cattle herds.
Target will cut about 1,800 corporate jobs to boost sales and streamline operations, new CEO Michael Fiddelke said, marking its first major layoff in a decade.