Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday. Read the original report.
Consultants ATI Advisory has developed a highly targeted Medicare home-based long-term care benefit that could lower costs while improving the lives of participants. Read the original report.
Elon Musk’s planned SpaceX share gift through Trump Accounts could be the start of a broader philanthropic push, says Altimeter Capital CEO Brad Gerstner. Read the original report.
Janus Henderson portfolio manager John Lloyd, whose fund owns CoreWeave bonds, sees a buying opportunity for this 'best in class' data center play. Read the original report.
Older Americans reported $2.1 billion in fraud losses of at least $100,000, accounting for 70% of the $3 billion lost overall, according to the FTC. Read the original report.
Rick Rieder, BlackRock's CIO of global fixed income, lays out his expectations for the fourth quarter and where he sees the best opportunities. Read the original report.
Data center campuses house the servers that power AI and cloud computing. Read the original report.
It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs. Read the original report.
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue. Read the original report.
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices. Read the original report.
Investors liked what they saw. Read the original report.
Comcast is in the process of spinning off its media business into a separate publicly traded company. Read the original report.
Carrefour cut its full-year 2026 financial forecasts, citing worsening social unrest and security conditions in France, weighing on consumer spending. Read the original report.
EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities." Read the original report.
United Airlines cut its profit outlook for the year as fuel prices continued to climb. Read the original report.
Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds. Read the original report.
Housing groups in Western Australia are pushing for a 2 per cent annual cap on rent increases. Their “Cap Still Fits” report, from the Make Renting Fair Alliance, estimates Perth tenants could save almost $33,000 over five years. Regional renters could save about $30,000 based on an average rent of $710 a week, and the
About one in four Australian workers are underpaid superannuation by their employers, adding up to roughly $6 billion a year. Independent reports suggest the tax office recovers only around 15 per cent of it. Two Brisbane oral health therapists show how slow it can be. They were short about $5,000 and $3,000 in super at
A new report commissioned by Emergency Leaders for Climate Action says Australia’s fire seasons are 21 per cent longer than in 1979. It puts the cost to the economy at $6 billion a year, with most of that from harm to health and wellbeing, ahead of damaged businesses and lost homes. The modelling estimates about
Vodafone’s parent company TPG Telecom says it analysed millions of scam calls on its network between July 2025 and July 2026. It found 98 per cent of them, more than 24 million calls, came through Symbio, a little-known internet phone company owned by rival Aussie Broadband. Symbio sells Australian numbers in bulk to about 500