American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
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Sanofi to offer insulin product for $35 to all Americans through GoodRx
The effort comes after Sanofi, Eli Lilly and Novo Nordisk announced sweeping insulin price cuts earlier this year.
Golf league founded by Woods, McIlroy announces ownership team led by Marc Lasry, Steph Curry
TGL announces a San Francisco ownership group led by Marc Lasry and Steph Curry.
Procter & Gamble tops earnings, revenue estimates even as higher prices drive some consumers away
Procter & Gamble's shares have fallen 3.7% this year, dragging its market value down to $344 billion.
Marlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives
Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.
Disney highlights theme park strength with new financial reporting model
Disney is slightly altering how it shares its detailed financials for its theme park division.
Netflix stock surges 16% after Wall Street buys into ad-driven subscriber growth
Netflix said its ad-based tier saw a 70% jump in subscribers.
Kohl’s holiday look previews the retailer’s plans to snap out of sales slump
The holiday season is the first overseen by Kohl's new CEO, Tom Kingsbury, and chief merchant Nick Jones.
September home sales drop to the lowest level since the foreclosure crisis
There were 1.13 million homes for sale at the end of September, down more than 8% from a year ago.
Pfizer to price Covid drug Paxlovid at $1,390 per course
Paxlovid will transition to the private market in November as demand for Covid vaccines and treatments slumps nationwide.
Sports programming still dominates TV, and Netflix is leaning more into it
Netflix will hold its first-ever live sports event, a golf competition featuring PGA Tour members and Formula 1 racers, in November.
Disney gives investors a look at ESPN financials, including recent revenue declines
Disney reorganized its corporate structure earlier this year, splitting ESPN and sports apart from its entertainment segment.
SpaceX, Blue Origin, Virgin Galactic executives urge senators to improve the FAA
Executives from top U.S. space companies called for improvements to the FAA's regulatory and licensing process during a Senate hearing on Wednesday.
Netflix flips the streaming script again with a return to growth mode
After last year's Great Netflix Correction, Netflix is back in growth mode, adding nearly 9 million subscribers in the second quarter.
Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over
The warehouse club has benefited from sales growth, fueled by pandemic pantry-loading, inflation and millennials moving to the suburbs.
Delta walks back some changes to airport lounge access, loyalty program after customer complaints
Delta's CEO said the company went "too far" in its changes announced last month.
United Airlines tumbles nearly 10% after warning pricier fuel, war in Middle East will cut profits
United Airlines said higher fuel costs and its halt of service to and from Tel Aviv will cut into its bottom line in the last three months of the year.
Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge
It marks J&J's first quarterly results since the company completed the separation from its consumer health spinoff Kenvue in August.
Rite Aid lost more than $1 billion in months before bankruptcy filing
Rite Aid warned investors it may not be able to keep its business running.
Bad news for commercial real estate: Architects report a big drop in business
Architecture firms reported a sharp drop in business in September, indicating that the commercial real estate market could experience even more pain.
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