Automakers are warning about higher commodity, logistics and memory costs, while pricing power is becoming harder to extend to consumers. Read the original report.
Business
The Cybertruck and its polarizing design gained a niche following, but it did not achieve mass-market sales and Tesla has issued several voluntary recalls. Read the original report.
Analysts say that after a roughly two-year turnaround the company's retail pharmacy business and other units may be strong enough to stand on their own. Read the original report.
The move would reverse the company's $78 billion acquisition of Aetna and dismantle the vertically integrated healthcare conglomerate it created in 2018. Read the original report.
E.l.f. Beauty posted stronger-than-expected quarterly results on Wednesday as the company continues to see broad-based growth across its portfolio. Read the original report.
Taco Bell's same-store sales declined as a Cyclospora outbreak tied to lettuce served at its restaurants weighed on traffic. Read the original report.
Disney expects to lay off several thousand employees in the latest round of job cuts for the entertainment giant. Read the original report.
JetBlue raised baggage fees for the third time in a year as fuel costs continued to climb. Read the original report.
Pfizer announced that Cecile Guegan, who has held various leadership roles at the company over the last 20 years, stepped in as CFO this month. Read the original report.
Ferrari raised its 2026 guidance Tuesday after third-quarter revenue and adjusted earnings per share edged past Wall Street expectations. Read the original report.
Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East. Read the original report.
Almost two years after the February 2025 floods, many north Queensland homeowners around Ingham are struggling to get insurance, or to afford it. Some policy holders say Sure Insurance sent non-renewal notices saying it would no longer cover properties with a flood claim in the past five years, or with a one-in-20-year flood risk. Sure
Westpac has reported a $6.8 billion profit for the year to September, down 1 per cent on the year before. The bank expects interest rates to stay “elevated” into 2027. It also forecasts house prices will have fallen 10.9 per cent between March 2026 and March 2027. Westpac says the economy is holding up relatively
Automakers including Ford, Rivian and GM are expanding 3D printing to make prototypes, factory tools and low-volume parts faster and at lower cost. Read the original report.
David Jones, founded in 1838 and the world’s oldest department store still trading under its original name, is closer to financial ruin than it has ever been, according to the Sydney Morning Herald. The chain hosted Christian Dior’s first international fashion parade in 1948 and a state banquet for Queen Elizabeth II in 1954. Its
High jet fuel prices are pushing airlines to trim routes and capacity, creating a short-term headwind for Western Sydney International Airport as it tries to attract new carriers. Brent crude has climbed from US$73 a barrel in early February to about US$113. Singapore jet kerosene, which traded at US$85 to US$95 before late February, peaked
Finance Minister Katy Gallagher says the federal government can’t promise its December mid-year budget update will deliver overall savings, with pressures on the budget still growing. Speaking on ABC Insiders, she said decisions were still to be made through the Expenditure Review Committee and she didn’t want to get ahead of them. Treasurer Jim Chalmers
Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening. Read the original report.
Norwegian said the company's bookings had "improved modestly" but remain below its optimal range. Read the original report.
Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates. Read the original report.
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