Day: October 22, 2025
New Jersey sues Amazon for allegedly discriminating against thousands of pregnant warehouse workers
Peter Endig | AFP | Getty Images The New Jersey attorney general sued Amazon on Wednesday, alleging the company has violated the rights of thousands of pregnant employees and staffers with disabilities who work in several of its facilities in the state. The complaint, filed in Essex County Superior Court by the office of Attorney […]
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Trump administration sanctions big Russian oil companies, presses for Ukraine ceasefire
The Trump administration on Wednesday imposed further sanctions on Russia’s two largest oil companies, citing “Russia’s lack of serious commitment to a peace process to end the war in Ukraine.” “Now is the time to stop the killing and for an immediate ceasefire,” Treasury Secretary Scott Bessent said as he announced the sanctions on Rosneft […]
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Stocks making the biggest moves after hours: IBM, Tesla, Moderna and more
Check out the companies making headlines in after-hours trading. Southwest Airlines — Shares of the airline gained 2% on the back of a surprise quarterly profit . Southwest also said that demand and fares are both improving. The company reported adjusted earnings of 11 cents per share, while analysts polled by LSEG had expected a […]
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Southwest beats earnings estimates, forecasts strong demand for rest of the year
A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines on Wednesday posted a surprise profit for the third quarter and forecast better travel demand and higher fares for the fourth quarter. […]
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IBM tops third-quarter estimates and lifts guidance, but stock drops
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported third-quarter results that topped Wall Street estimates and lifted its guidance, citing ongoing artificial intelligence tailwinds. Still, the stock dropped 5% in extended trading. Here’s how […]
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Trump dined with Rupert Murdoch despite suing him for $10B over Epstein letter: Report
Rupert Murdoch looks on, at the White House, in Washington, U.S. Feb. 3, 2025. Elizabeth Frantz | Reuters Why let a $10 billion lawsuit get in the way of old friends having some chicken and gravy for dinner? President Donald Trump last week dined at the White House with Rupert Murdoch and that media baron’s […]
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Tesla earnings are out – here are the numbers
A vehicle transport truck arrives with Tesla Model Y vehicles at the company’s store in Colma, California, US, on Thursday, Oct. 9, 2025. David Paul Morris | Bloomberg | Getty Images Tesla reported third-quarter earnings on Wednesday after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per […]
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Amazon introduces ‘Blue Jay’ warehouse robot that performs multiple tasks at once
Amazon on Wednesday unveiled a new robotic system that’s capable of performing multiple tasks at once in the company’s warehouses. The system, called Blue Jay, is made up of a series of robotic arms that are suspended from a conveyor belt-like track. Those arms are tipped with suction-cup devices that allow them to grab and […]
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Travel + Leisure CEO: We’re seeing leisure consumers want to continue to travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Michael Brown, Travel + Leisure Co. CEO, joins CNBC’s ‘The Exchange’ to discuss the latest trends in travel, the company’s latest quarter, and much more. Source
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Western Alliance CEO says alleged loan fraud is ‘incredibly frustrating’ but isolated issue
Key Points Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank’s CEO said he believes the alleged loan fraud that sparked a selloff last week is an isolated case. The Cantor Group episode forced Western Alliance to review other loans in its note finance portfolio, […]
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