business
Newmont Revenue, Profit Gain on Surging Gold Prices
The gold producer logged higher revenue and profit in the third quarter boosted by the soaring price of the yellow metal. Source link
Norfolk Southern Third-Quarter Sales Rise, Ups Productivity Target
The railroad company, which agreed to sell itself to Union Pacific in July, reported a profit of $711 million and upped its productivity target to $200 million. Source link
Hasbro Lifts Outlook as Holiday Orders Accelerate
The company now expects revenue to grow in the high-single digits, compared with a prior outlook of mid-single digit growth, amid a pickup in orders from retailers. Source link
Chinese Air-Bag Parts Have Exploded and Killed Six People. Feds Are Now Seeking Answers.
The NHTSA investigation into Chinese manufacturer comes after a new report of a counterfeit air bag being tied to a death. Source link
Hollywood Sees Big Opportunity in Tiny Dramas
Former Miramax CEO Bill Block is launching GammaTime, a microdrama platform with more than 20 shows including two from the “CSI” creator. Source link
Hollywood Sees Big Opportunity in Tiny Dramas
Former Miramax CEO Bill Block is launching GammaTime, a microdrama platform with more than 20 shows including two from the “CSI” creator. Source link
Super Micro Trims First-Quarter Forecast on Order Delays
Super Micro Computer cut its quarterly revenue outlook after some customers delayed taking delivery of their orders. Source link
Macy’s Employs Warehouse Robots to Speed Up Deliveries
The retailer’s new $640 million warehouse is its biggest, most automated facility yet. Source link
Rivian to Lay Off More Than 600 Workers Amid EV Pullback
The EV truck maker is trying to reduce costs ahead of a new vehicle launch in 2026. Source link
Prada Logs Higher Sales as Hopes of Luxury Recovery Build
The fashion house’s revenue was 9% higher than the same period a year earlier, adjusted for currency movements, as optimism grows for an upturn in demand for luxury goods. Source link