A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines on Wednesday posted a surprise profit for the third quarter and said it expects to generate record sales in the last three…
Last-minute changes to new port fees enacted by the Trump administration’s U.S. Trade Representative have stuck one U.S.-based ocean carrier with an estimated annual tariff bill of $34 million, after it was reclassified under new Section 301 program terms. On Oct. 14, the first day of the fee program, Atlantic Container Line paid a $1.4…
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per…
Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty Images NFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future…
The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Barbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global…
The Netflix logo is displayed at Netflix studios on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images Shares of Netflix fell as much as 7% after the company posted a third-quarter earnings miss after the closing bell Tuesday. The streamer cited an ongoing dispute with Brazilian tax authorities for the weaker-than-estimated…
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had…
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding…
Sina Schuldt | Picture Alliance | Getty Images Coca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant said that demand for its drinks is still soft. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: 82 cents adjusted vs. 78 cents…
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday amid a litany of challenges facing the automotive industry. Here is what Wall Street…
