business
Texas Sues Kenvue, Alleging Omission of Autism Link From Tylenol Marketing
The suit alleges that the Tylenol maker engaged in deceptive marketing by advertising the product as safe to use while pregnant. Source link
D.R. Horton Profit Falls as Housing Market Remains Stagnant
D.R. Horton recorded a lower fourth-quarter profit as affordability concerns continued to put off home buyers. Source link
Wayfair Posts Higher Revenue on Increased Orders
Wayfair logged improved revenue in the third quarter with orders rising, as shoppers bought new furniture before new tariffs went into effect. Source link
Banijay to Buy Majority Stake in Tipico Group at $5.4 Billion Valuation
Banijay will combine German sports-betting company Tipico with its Betclic sports-betting brand, turning the group into one of the biggest listed players in the industry. Source link
UPS Profit, Revenue Fall but Beat Expectations on Strong International Growth
United Parcel Service logged lower profit and revenue in its third quarter, but results were better than expected, as volume gains across its international segment offset declines in its domestic business and a recent divestiture. Source link
UnitedHealth Revenue Rises as Turnaround Efforts Continue
For the third quarter, UnitedHealth reported adjusted earnings per share of $2.92 compared with $7.15 a year earlier. Revenue rose to $113.2 billion from $100.8 billion. Source link
How KFC Lost Fast Food’s Chicken Crown—and How It Plans to Win It Back
The veteran chicken chain is battling U.S. sales declines as consumers choose sandwiches and tenders over buckets of fried chicken. Source link
Iberdrola Raises Guidance After Net Profit Jumps
The energy giant’s adjusted net profit grew 16.6% for the first nine months of the year. Source link
BNP Paribas Profit Rises on Retail Recovery, Investment Banking Performance
Earnings for the eurozone’s largest bank in terms of assets rose less than expected, as higher costs dented its bottom line despite the continued recovery of its retail operations and growth in investment banking. Source link
Novartis Posts Higher Net Profit as Key Drugs Lift Sales
The drugmaker reported third-quarter profit of $3.93 billion after higher sales for key drugs allowed it to offset a hit from patent expirations. Source link