business
Porsche’s Operating Profit Slumps as EV Challenges, China Woes Take Toll
Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump’s tariffs have taken a toll on the sport-car maker. Source link
Brookfield in Advanced Talks for Massive Nuclear Project in South Carolina
Nuclear energy is having a comeback as big tech’s AI push stokes demand. Source link
Procter & Gamble to Focus on Innovation, Not Discounts, to Attract Wary Shoppers
Procter & Gamble’s sales grew in the first quarter and the consumer products company expects a milder effect from tariffs this fiscal year. Source link
The Most Inevitable Scandal in Sports History Has Happened. And Will Happen Again.
An NBA coach and player are arrested in a federal gambling investigation. A betting-saturated public asks: Well, what did anyone expect? Source link
GM Cuts More Than 200 White Collar Jobs in Detroit
The move comes days after GM’s stock surged to a record price following better-than-expected earnings and a rosier outlook for the impact of automotive tariffs. Source link
Beyond Meat Expects Impairment Charge, Revenue In Line With Target
The plant-based meat producer plans to book a charge in the latest quarter related to certain assets, though revenue for the period is set to be in line with the company’s target. Source link
HCA Lifts Outlook as Quarterly Profit, Revenue Rise
HCA Healthcare lifted its full-year outlook after logging higher profit and revenue in the third quarter, as same-facility admissions grew. Source link
General Dynamics Revenue Rises on Stronger Business-Jet Demand
General Dynamics posted higher third-quarter revenue and profit, driven by increased orders for business jets as corporate profits continue to grow and a new tax law offered companies incentives to buy planes. Source link
Booz Allen Cuts Outlook as Quarterly Profit, Revenue Fall
Booz Allen Hamilton cut its outlook for the year after posting lower profit and revenue in its fiscal second quarter, hurt by a continued slowdown in funding. Source link
Alaska Air’s Profit Slips as Expenses Offset Revenue Growth
Alaska Air Group logged higher revenue in the third quarter, but profit was squeezed by higher-than-expected costs and operational challenges. Source link