business

Net profit rose to $4 billion for the first nine months of the year, compared with $2.2 billion for the same prior-year period, when it took a hit from an increase in U.S. liability reserves. Source link

The jeweler and watchmaker’s sales for its fiscal second quarter climbed 14% from the same period a year earlier. Source link

South Korea plans to provide over $10.2 billion in support for its auto industry, including new loan programs and tariff quotas for raw materials. Source link

After the board soured on Hans Vestberg’s network-first focus, his successor as CEO is planning major cost cuts. Source link

Hires from the Class of 2026 will stay largely flat, employers project, as layoffs rise and AI is able to do more entry-level tasks. Source link

The company’s quarterly revenue rose 13% to $22.6 billion, with growth across all of its business units. Source link

Warner Bros. Discovery is holding an auction process in the hopes of having it completed by the end of the year. Source link

The athleticwear retailer said its board has approved another $95 million in restructuring actions, bringing its total estimated restructuring and related charges to up to $255 million. Source link

Customers are planning large increases in production at their chip factories, stoking the need for the company’s equipment, services and solutions, said CEO Gary Dickerson. Source link

Jeff Bezos’ company deploys two satellites to study Mars. Source link