business
Military Tech Companies, Long Snubbed in Europe, Are Having a Moment
Russia’s aggression and Trump’s re-election have prompted Europe’s startup scene to tackle defense, drawing U.S. investors. Source link
Intel Surges as First Earnings Report Since U.S. Investment Shows Momentum
The troubled chipmaker posted third-quarter profit of $4.1 billion on improved PC chip sales and smaller losses in its foundry business. Source link
Deckers Second-Quarter Profit Rises, Ugg’s Sales Growth Slows
The shoe company posted higher profit in its latest quarter with demand for Hoka and Ugg shoes remaining strong, though the company expects sales growth for the latter to slow. Source link
Opinion | Putting the Oil Squeeze on Putin
Strong world crude supply gives Trump room to tighten—and enforce—sanctions. Source link
Critical Auto-Aluminum Supplier Says Fire-Damaged Plant Will Restart This Year
Novelis, which makes about 40% of sheet aluminum used in auto industry, had said plant would reopen in 2026. Source link
Boston Beer Boosts Full-Year Profit Outlook, Sees Lower Tariff Risk
The updated guidance comes after the brewer logged lower revenue in its latest quarter. Source link
Boyd Gaming Third-Quarter Earnings Boosted by FanDuel Stake Sale
The online gambling and casino operator reported a profit of $1.44 billion after the sale of its stake in sports-betting platform FanDuel in July. Source link
Opinion | Electricity Prices Going Up? Green Policy Is to Blame
Rates are much higher in states that have closed nuclear and fossil-fuel generation plants. Source link
Target to Slash Corporate Workforce After Quarters of Stagnant Sales
The retailer will cut about 1,800 corporate roles as part of an effort to remake its strategy after 11 consecutive quarters of falling or weak comparable sales growth. Source link
Ford Profit More Than Doubles on Pickup, SUV Sales Growth in U.S.
The automaker is looking to hire workers and to boost F-Series production to make up for an aluminum supply disruption. Source link