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Spirit Airlines reaches tentative cost-saving labor deals amid bankruptcy proceedings
Reuters· 2025-11-07 17:55
Spirit Airlines said on Friday it has reached tentative deals with unions representing its pilots and flight attendants that would involve some contract concessions, as the carrier tries to rein in co... ...
Brazil's Petrobras making investments faster than expected, CFO says
Reuters· 2025-11-07 17:50
Brazil's Petrobras expects annual capital expenditures to be between the midpoint and top of its current estimates, as it rolls out investments faster than expected, the state-run oil company's chief financial officer said on Friday. ...
McDonald's, Chili's win on value as fast-casual chains lose younger diners
Reuters· 2025-11-07 17:41
As U.S. consumers tighten their wallets, budget-friendly restaurant chains such as McDonald's, Chili's and Domino's are emerging as winners, drawing more diners who are trading down to cheaper meals. ...
Berkshire warns of AI deepfakes impersonating Warren Buffett
Reuters· 2025-11-07 17:38
Warren Buffett has a message for people who generate or view AI-created impersonations of him. There's only one Oracle of Omaha. ...
Exxon CEO expects long term role for oil and gas, maybe not as fuel
Reuters· 2025-11-07 16:07
Core Viewpoint - Oil and gas will continue to play a critical role in the energy sector for the foreseeable future, with ongoing discussions about their use as fuel [1] Industry Summary - The energy sector is at a crossroads regarding the future role of oil and gas, as highlighted by Exxon Mobil's CEO Darren Woods [1]
US judge rejects Capital One $425 million settlement with depositors
Reuters· 2025-11-07 15:43
A federal judge rejected Capital One's $425 million settlement with depositors who said they were cheated out of high interest rates, saying the payout was too small and millions of account holders wo... ...
Trump Media's quarterly loss widens as costs soar
Reuters· 2025-11-07 15:32
Trump Media & Technology Group reported a bigger third-quarter loss and a decline in revenue on Friday, squeezed by a surge in expenses, highlighting the Truth Social parent's steep financial hurdles. ...
Amazon takes low-cost ecommerce service global
Reuters· 2025-11-07 15:14
Amazon.com on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a push to compete with Chinese rivals including Shein and ... ...
UBS to liquidate O'Connor funds hit by First Brands bankruptcy
Reuters· 2025-11-07 14:55
UBS Group is winding down investment funds run by its hedge fund unit O'Connor, it said on Friday, after suffering losses due to exposure to bankrupt U.S. auto parts supplier First Brands Group. ...
Italy's Intesa expands digital investment offer in Belgium and Luxembourg
Reuters· 2025-11-07 14:04
Italy's biggest bank Intesa Sanpaolo said on Friday its Fideuram private banking arm was launching a digital investment offer partnering with BlackRock in Belgium and Luxembourg. ...