Latest in Spirit Airlines stock jumps 20% after struggling budget carrier said it will sell planes, cut jobs
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Top stories - BBC News
Jets intercept plane after 'bomb threat' made
Residents say they heard a loud sonic boom as Typhoon jets scrambled.October 17 -
Business - MarketWatch
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.October 17 -
Politics - The Hill
Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...October 17 -
Sports - The New York Times
Longtime Chicago White Sox Owner Is Said to Be Open to Selling the Team
Jerry Reinsdorf, who also owns the Chicago Bulls, is the second-longest active owner in M.L.B. after buying the team in 1981.October 17 - MLB -
Business - The Wall Street Journal
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.October 17 -
Business - MarketWatch
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.October 17 -
Business - MarketWatch
Small-cap biotech Jaguar Health’s stock jumps as it launches treatment for a painful side effect of cancer treatment
The stock of small-cap biotech Jaguar Health Inc. rose 7% on Wednesday, after the company launched its gelclair treatment for oral mucositis, a common side effect suffered by head and neck cancer ...October 16 -
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Business - Financial Times
Airbus to cut up to 2,500 jobs at defence and space unit
Planned reductions are a response to cost increases and stiffening competitionOctober 16 -
World - The Guardian
Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live
UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...October 16 - United Kingdom -
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Business - The New York Times
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”October 15 - Federal Reserve -
Business - Financial Times
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedOctober 15 -
World - The Guardian
Air India plane makes emergency landing in Canada after bomb threat
Abrupt landing comes a day after flight from Mumbai to New York was diverted to Delhi after a false bomb threat. An Air India plane bound for Chicago has made an abrupt landing in the Arctic city ...October 15 - India -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...October 15 -
Business - Financial Times
Goldman profits jump 45% to $3bn after trading boost
Net income outstrips expectations despite hit from retail banking retreatOctober 15 -
Business - MarketWatch
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.October 15 -
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Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
Business - CNBC
Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8
Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.October 14 -
World - Financial Times
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%October 14 - United Kingdom -
Business - MarketWatch
B. Riley’s stock soars 30% after bank agrees to sell Great American to Oaktree for almost $400 million
Investment bank’s stock is down 73% in the year to date amid regulatory fallout over a loanOctober 14 -
Top stories - BBC News
Welsh councils plan cuts to plug £500m budget gap
Cuts to services loom as Welsh councils face a £500m budget gap.October 14