Morgan Stanley topped expectations on the top and bottom lines for the third quarter. Morgan Stanley topped expectations on the top and bottom lines for the third quarter.Business News
Category: News
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI. Bank of America hired 1,000 contractors to patch…
Netflix to lay off roughly 1,000 employees, or 6% of workforce
Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC. Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC.Business News
FAA warns U.S. airlines of safety risks over Saudi Arabia after attacks
The FAA warned U.S. airlines about flight risks over Saudi Arabia as Riyadh airport attacks disrupt travel and Delta weighs an Oct. 23 launch. The FAA warned U.S. airlines about flight risks over…
Delta delays debut of Saudi Arabia service until March after Riyadh airport attacks
Delta planned to begin the route on Oct. 23, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia. Delta planned to begin the route on Oct….
McDonald’s is leaning into chicken and drinks to grow. New data shows it could be a tough task
McDonald’s is targeting growth in chicken and beverages, but Consumer Edge data shows Chick-fil-A and coffee chains gaining in customer spending. McDonald’s is targeting growth in chicken and beverages, but Consumer Edge data…
Starbucks says it is not buying Chipotle after takeover speculation
“Starbucks is not buying Chipotle,” a Starbucks spokesperson told CNBC. “Starbucks is not buying Chipotle,” a Starbucks spokesperson told CNBC.Business News
From BJ’s to Lululemon, retailers are trimming assortments to boost business
Retail brands are shrinking assortments to get back to healthy growth, while box stores are culling products to better curate offerings and stabilize business. Retail brands are shrinking assortments to get back to…
Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
Delta Air Lines reported third-quarter earnings and missed Wall Street estimates for the first time in two years. Delta Air Lines reported third-quarter earnings and missed Wall Street estimates for the first time…
Delta CEO: ‘Safety is going to make the call’ on launching Saudi Arabia flight
Delta is weighing whether to continue with its Riyadh, Saudi Arabia flight debut as planned. Delta is weighing whether to continue with its Riyadh, Saudi Arabia flight debut as planned.Business News