Norwegian Company Blamed

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Business - CNBC - October 31

Jack Dorsey's payments company Block expands corporate card service to the UK

Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.

Business - CNBC - October 31

Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.

Business - MarketWatch - October 31

Bristol Myers’s stock pops as earnings top estimates and company raises guidance

The company says it “made important strides in the third quarter.”

Business - MarketWatch - October 31

Autonomous Trucking Company Aurora Delays Driverless Freight Launch

The Pittsburgh company will not start carrying cargo without drivers until April, when it plans the debut of its Dallas-to-Houston run.

Business - Inc. - October 31

More Companies Boost Climate and Social Reporting Despite ESG Backlash

Despite sustained pressure from conservative politicians and activists, businesses are responding to investors and regulators who want to know about environmental, social and governance issues.

Business - Inc. - October 31

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - November 1

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Security Tech Company Evolv Fires CEO Peter George

The chief executive was fired by the company board, not long after news of an internal investigation into its sales figures.

Business - Inc. - November 1

Marc Benioff is in talks to sell media company Time to Antenna Group

Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.