business
Universal Music Settles With AI Firm Udio
Udio agrees to launch a new subscription service for fans to create music based on licensed songs. Source link
Opinion | How Does a Robot Pick an Apple? Not Very Well
Farms automate harvests of corn and other crops, but the technology still needs work. Source link
Opinion | Ken Paxton Bellies Up to the Trial Bar
The Texas Attorney General expands his anti-business campaign to the makers of Tylenol. Source link
Prudential Financial Profit Climbs From Strong Market
Prudential Financial logged a big jump in earnings for the third quarter thanks to favorable market conditions and higher net inflows of client funds. Source link
Meta Shares Fall on Accelerating AI Spending Despite Record Revenue
The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours. Source link
Fiserv Erases $30 Billion in Market Value After New CEO Pulls Guidance
Shares tumbled after the payments company, formerly led by Trump appointee Frank Bisignano, said its previous outlook is unachievable. Source link
Opinion | Aflac’s Unorthodox Ascent
The insurer saw sales double in three years after gambling on ads with a quacking duck. Source link
Pilgrim’s Pride Third-Quarter Sales Rise on Demand for Chicken
Pilgrim’s Pride logged a lower profit despite higher sales in its latest quarter as consumers continued to choose chicken over more expensive sources of protein. Source link
MGM Resorts Swings to Loss on Charges Tied to N.Y. Casino
The Las Vegas-based hotel and casino operator bottom line was hit by a $256 million noncash goodwill impairment charge tied to withdrawing an application for a New York casino. Source link
Sprouts Farmers Market Grows Third-Quarter Profit; Sees Lukewarm Same-Store Sales Ahead
The grocery-store chain logged a profit of $120.1 million, but said same-store sales could be flat in the current quarter. Source link