AB InBev Backs Views Despite Third-Quarter Miss
Anheuser-Busch InBev backed its full-year guidance after third-quarter earnings missed market forecast as volumes fell 3.4%, with drops in North America offsetting rises in other areas.
X Offers Employees Stock Grants Valuing the Company at $19 Billion
Elon Musk previously said he sees a clear, but difficult, path to X being worth more than $250 billion eventually.
Samsung’s Third-Quarter Profit Beats Consensus
Tech giant Samsung Electronics said third-quarter net profit more than tripled on the quarter to beat consensus, as its semiconductor business narrowed losses amid signs of recovery in demand.
Apple Unveils M3 Processors and New MacBooks
A mysterious Apple launch event is offering hope of some positive news ahead of earnings but Wall Street analysts are cautious.
Origin’s Largest Shareholder to Vote Against Brookfield-Led Takeover
AustralianSuper will vote against Origin Energy’s takeover by a Brookfield Asset Management-led consortium, saying its near US$10 billion proposal significantly undervalues the energy retailer and generator.
Cyber Chiefs Worry About Personal Liability as SEC Sues SolarWinds, Executive
Corporate cyber chiefs want to insulate themselves from potential liability.
Californian Vineyard Founded by Lebanese Migrants Sells for Up to $1 Billion
Winemaker DAOU was set up by two brothers who fled Lebanon during civil war in the 1970s.
GM, UAW Reach Tentative Labor Deal to End Strike
The company is the last of the Detroit automakers to reach a tentative deal to end a strike that has spanned more than six weeks.
Logitech International Names Hanneke Faber Next Chief Executive
Faber joins from Unilever, where she led its nutrition business as group president.
BlackBerry Taps Richard Lynch as Interim CEO
The cybersecurity company said the move comes after a review of its business which led the company to decide to split into two separate units.
Source: Dow Jones Newswires