StanChart shares soar after it hikes full-year targets and trounces profit estimates

Standard Chartered (StanChart) on Wednesday hiked its full-year growth and profitability targets ​after third-quarter income handily beat estimates, sending its shares 8% higher.

Ski lift giant Doppelmayr expands US operations through new Salt Lake City headquarters

Doppelmayr last week took a major step in expanding its U.S. footprint by opening a new, 160,000-square-foot "state-of-the-art" headquarters, manufacturing and training facility in Salt Lake City.

'We're just stuck': Residents impacted by Provo mall redevelopment plan

As plans move forward to redevelop a Provo mall, people living at a nearby mobile home park are trying to figure out what's next.

Halloween candy sales off to slow start amid high chocolate prices and affordability concerns

Halloween candy sales are off to a slow start this year as U.S. consumers grapple with high living costs and eye-popping chocolate prices.

Chipmaker SK Hynix to return $75 billion to shareholders after record profit

South Korea's SK Hynix will return about $75 billion to shareholders this year, it said on Wednesday, after reporting a more than seven-fold ​jump in quarterly profit, boosted by the impact of AI infrastructure demand on memory chip prices.

Floodwaters recede near Bluff, but families and businesses face uncertain recovery

As water from the San Juan River recedes, people in San Juan County are dealing with damaged homes, flooded businesses and a recovery they worry they cannot manage alone.

Fed expected to hold rates steady as Utahns continue to feel economic pressure

As the Federal Reserve concludes its latest policy meeting, economists expect no immediate change to interest rates, though another increase remains possible before year's end.

This freight train claims to be the longest ever. Here's how long

A government-run company in South Africa says that it has sent the longest freight train ever on a test run.

Walmart's margins in Mexico tighten as costs outpace sales growth

Walmart's Mexico unit missed ​third-quarter profit estimates on Tuesday as rising costs and investments ate into margins, overshadowing double-digit e-commerce growth.

Eli Lilly international business chief Jonsson to retire; Yuffa to head global markets unit

Eli Lilly said on Tuesday that Patrik Jonsson, executive vice ​president and president of its international business, will retire at the end of 2026 after a 36-year career ‌at the US drugmaker.

Robinhood profit misses estimates as crypto trading slows

Robinhood Markets missed Wall Street estimates for third-quarter profit on Tuesday, ​as slower cryptocurrency trading and higher expenses overshadowed strong activity in options and prediction markets.

Visa results beat estimates as resilient customers keep up spending

Visa beat expectations for fourth-quarter results on Tuesday as customers continued swiping their cards to pay for travel, shopping and ​dining out despite macroeconomic uncertainty.

Food and household brands warn of more price hikes as Iran war costs bite

The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of further ​price hikes next year to cover rising costs.

Exclusive-JetBlue CEO says no creditor talks as bond selloff raises doubts about turnaround

JetBlue Airways is not in talks with creditors and is not planning to restructure its debt, Chief Executive Joanna Geraghty told Reuters on Tuesday, after a sharp selloff ​in the airline's bonds raised concerns about its finances.

Salt Lake City's 12-year airport project is over. What happens next?

Salt Lake City's new airport project is finally complete after 12 years ... or is it?

Robinhood CEO's AI startup Harmonic expands into software, chip design verification

Harmonic, the AI startup co-founded by ​Robinhood CEO Vlad Tenev, said on Tuesday it was expanding its Aristotle ‌model from mathematical proofs into software and chip design ⁠verification, as AI's ​growing use in ⁠detecting software flaws draws increased scrutiny.

Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offerings

Oracle said on Tuesday it is expanding its cloud AI ​chip deals with Nvidia while also diversifying to add offerings from Nvidia rivals such as Alphabet's Google and Cerebras Systems.

AI investment boom drives core capital goods orders, shipments higher in September

New orders for key U.S.-manufactured capital goods increased in September and shipments of these products surged, suggesting business spending on equipment maintained ​robust growth.

GM moves to Nasdaq as first legacy automaker on the exchange

General Motors said on Tuesday it would transfer the listing ​of its common stock to Nasdaq from the New York Stock Exchange.

Single-family home prices rise further in August, agency says

Single-family house prices increased further in August, ​despite rising mortgage rates weighing on demand for housing.

Apple launches M6 MacBook Pro and iMac, pitches faster on-device AI

Apple on Tuesday unveiled a new ​14-inch MacBook Pro and iMac powered by its latest M6 chip, touting ‌faster performance for running AI tasks directly on the ⁠devices.

Strong dollar, high yields drag on gold outlook, but central-bank demand lends support

Analysts cut their 2026 gold price forecast for a second straight quarter because ​of high Treasury yields, a strong US dollar and expectations that rates will stay high for longer, but still expect a recovery in 2027, a ‌Reuters survey shows.

Who controls powerful AI? Anthropic has a plan for long after its leaders depart

Few public companies claim to have the future of humanity on the line while making mundane choices about board ​composition.

JetBlue shares rally after airline flags 'disconnect' between earnings and bond rout

JetBlue Airways shares surged 20% on Tuesday, after the airline raised its revenue forecast and defended its ​financial position against a recent slump in its bonds.

Advent raises $30 billion for latest buyout, mid-market funds

Private equity giant Advent raised $30 billion across its latest ​fund complex, the firm said on Tuesday, securing capital for a flagship buyout vehicle and a ‌new mid-market strategy, and defying a sluggish exit market.

Boeing shares sell off on slower-than-expected 737 production, weaker free cash flow outlook

(Corrects spelling of analyst's name in paragraph 4)

PayPal CEO touts turnaround progress as annual profit forecast rises

PayPal CEO Enrique Lores on Tuesday expressed growing confidence in the payments company's years-long turnaround, as cost cuts and expanding margins helped ​drive a raise in its annual profit forecast.

Coca-Cola lifts profit forecast on international soda demand, flags higher costs

Coca-Cola on Tuesday raised its annual profit forecast as soft drink demand held up in markets ​including India and Brazil, even as it warned of accelerating cost pressures and persistent consumer weakness into 2027.

The man behind some of your favorite scents

Frank Voelkl is a well-dressed German man you'd walk past on your Manhattan commute without a second thought. But if you've worn fragrance in the last two decades his work has likely been on your neck, your vanity, your partner or your ex.

GM moves to Nasdaq as first legacy automaker on the exchange (Oct 27)

(Corrects syntax in paragraph 3)

Centene lifts 2026 profit forecast, sees earnings growth continuing in 2027

Centene raised its annual profit forecast and said it expects ​2027 earnings to be higher than this year, sending the health insurer's shares up 3%.

Hilton misses quarterly revenue estimates, warns of Mideast impact

Hilton Worldwide Holdings missed third-quarter revenue estimates on Tuesday and warned that ​US midterm elections and the Middle East conflict could weigh on its performance in the fourth quarter, sending shares of the hotel ‌operator down 5%.

United Parcel Service expects fatter holiday profits on slightly slimmer volume

United Parcel Service's focus on more lucrative business means it can make more money delivering slightly fewer packages during ​its critical peak holiday season and every year going forward, CEO Carol Tome said on Tuesday.

Nvidia, Meta deepen AI ties with $3 billion investment deal

Nvidia and Meta said on Tuesday they ​would deepen their partnership on the Muse AI assistant and related AI models, ‌with Nvidia investing $3 billion in the Facebook parent's equity offering.