CNBC Business

General Motors and the United Auto Workers could be close to a deal to end a weekslong strike, after Ford and the union reached an agreement earlier this week.

PNC, Citizens Financial and U.S. Bank shut the most in-store locations recently at chains including Safeway and Stop & Shop.

Workers are concerned that Walgreens and CVS are placing unreasonable demands on them, without providing enough resources to safely execute tasks. 

Ford said customers in North America are unwilling to pay a premium for an EV.

Comcast has tried to push investors to consider other metrics, but shareholder focus continues to be on lack of broadband growth.

The retail industry is pushing for Congress to crack down on organized theft, even as losses from crime

Ford Motor reported earnings after the bell. Its EV unit lost more than $1.3 billion in the quarter.

Beef and queso costs rose this quarter, largely offsetting last year's menu price hikes.

Southwest's net income in the third quarter dropped 30% from a year earlier.

Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys.

Bristol Myers Squibb’s revenue was in line with estimates, but fell slightly from the same period last year due to lower sales of blood cancer drug Revlimid.

UPS reported third quarter earnings and warned of persistent global economic uncertainty.

Merck's revenue and earnings beat expectations, and it hiked its sales forecast while lowering its profit outlook.

Holiday forecasts indicate U.S. consumers are eager to celebrate but are feeling stretched and looking for deals.

Comcast revenue and earnings both topped analyst estimates as theme park sales rose, and Peacock added 4 million subscribers.

The announcement ends the top succession race on Wall Street. Morgan Stanley announced in May that Gorman intended to step down within a year.

The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor products.

The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.

UAW and Ford have reached a tentative agreement that could end a nearly six-week strike at the automaker, the union announced Wednesday night.

Endeavor said it is considering strategic alternatives, soon after a French billionaire agreed to buy a majority stake in rival agency CAA.