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Nucor Third-Quarter Profit Climbs on Higher Revenue
WSJ· 2025-10-27 21:12
Nucor recorded higher revenue and profits in the third quarter, but warned that earnings would fall sequentially in the current quarter as volumes drop in its steel mills business. ...
Tom Hayes, Face of Libor Scandal, Sues UBS for $400 Million
WSJ· 2025-10-27 21:04
The former banker spent five years in prison for his involvement in the manipulation of the benchmark rate. ...
Amazon To Layoff Tens of Thousands of Corporate Workers
WSJ· 2025-10-27 20:48
The cuts amount to roughly 10% of the online giant's white-collar workforce ...
Bed Bath & Beyond Quarterly Loss Narrows, Expects Revenue Growth Next Year
WSJ· 2025-10-27 20:32
Bed Bath & Beyond's loss narrowed in its latest quarter and the retailer said it expects revenue growth next year. Shares rose in after-hours trading. ...
Whirlpool's Sales Edge Higher
WSJ· 2025-10-27 20:17
Chief Financial and Administrative Officer Jim Peters said he expects the momentum to continue, as items—including a refreshed lineup of KitchenAid appliances—have secured the company more space on re... ...
Milei's Clear-Cut Victory Unlocks a Wall Street Windfall
WSJ· 2025-10-27 18:21
The win for Argentine President Javier Milei's party is rewarding investors who bet on the country. ...
Trump Considers Fed Chair Selection by Year-End from Slate of Five Finalists
WSJ· 2025-10-27 16:28
Two current Fed governors and BlackRock executive Rick Rieder join a shortlist that includes front-runners Kevin Warsh and Kevin Hassett. ...
Exxon Mobil Sues California Over Looming Climate Disclosure Rules
WSJ· 2025-10-27 16:08
Core Viewpoint - The oil giant criticizes California's requirements, arguing that they unfairly attribute blame for climate change to companies like itself [1] Group 1 - The oil company believes that the framework established by California's regulations is flawed [1] - The company asserts that it is being unduly held responsible for climate change issues [1]
Qualcomm Stock Surges on AI Chip Launch
WSJ· 2025-10-27 14:52
Core Insights - Shares in the semiconductor maker increased by 20% following the launch of a new AI chip aimed at competing with Nvidia [1] Company Summary - The semiconductor maker has introduced an AI chip designed to enhance its competitive position in the market against Nvidia [1] Industry Summary - The launch of the AI chip signifies a strategic move within the semiconductor industry to capture market share in the rapidly growing AI sector [1]
Chicago Fed Estimate Sees Little Change in Unemployment This Month
WSJ· 2025-10-27 13:51
Core Insights - The reserve bank's real-time unemployment rate forecast indicates an increase in unemployment to 4.35% in October from 4.34% in September [1] Economic Indicators - The projected unemployment rate for October is 4.35%, reflecting a slight increase from the previous month's rate of 4.34% [1]