business
Samsung Wants to Launch a U.S. Credit Card and Challenge Apple in Consumer Finance
The South Korean tech giant and Barclays are in advanced talks to launch a credit card, with both seeking bigger inroads into Americans’ financial lives. Source link
Flight Cancellations Could Rise to 20% if Government Shutdown Continues
As the air-traffic controllers miss paychecks, more might start to miss their shifts, Transportation Secretary Sean Duffy said. Source link
Affirm Eyes Card Payments as Next Era of Buy Now, Pay Later
Buy now, pay later companies like Affirm are aiming to compete more closely with credit-card companies. Source link
KKR Defied Private-Equity Fundraising Slump in the Third Quarter
The private-markets managers leaders sought to counter the gloomy headlines that have dampened the mood of many private-equity investors. Source link
Auto & Transport Roundup: Market Talk
Find insight on IAC Group, Elon Musk’s pay package, and more in the latest Market Talks covering Auto and Transport. Source link
IKEA Profit Plunges 32% as Tariffs Take Bite
The Swedish furniture company has said that years of price-cutting is coming to an end. Source link
Six Flags Mulling Park Sales After Revenue Drops
Six Flags reported lower third-quarter revenue and said its efforts to grow demand were unsuccessful in the quarter. Source link
Chips Held Hostage in Trade War Start Flowing Again to Auto Suppliers
Chinese export restrictions on Nexperia’s semiconductors had posed big threat to car production. Source link
Honda Cuts Guidance on Slumping Car Sales, Nexperia Chip Shortage
Honda Motor cut its annual earnings forecasts after a weak first half, flagging slumping car sales in China and Southeast Asia and a nearly $1 billion drag due to a shortage of chips from Dutch supplier Nexperia. Source link
Enbridge Quarterly Profit Slides
Enbridge’s profit fell in the third quarter largely due to a drop in the estimated value of financial instruments. Source link