Cut Spending Election

Eli Lilly's quarter was messy. What to do with the stock is more clear-cut

We're upgrading our rating on the drugmaker to a buy-equivalent 1.

Business - CNBC - 2 days ago

Spirit Airlines furloughs more pilots as part of efforts to cut costs

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Business - MarketWatch - 2 days ago

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - 2 days ago

Estée Lauder shares plunge as China sales slump prompts dividend cut

Beauty group’s stock drops 25% after guidance withdrawn for rest of year

Business - Financial Times - Yesterday

Tumblers sold at Wawa stores recalled after reports of cuts

The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.

Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay

The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.

Business - The Wall Street Journal - Yesterday

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