Tag: Breaking News: Business
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Early third-quarter earnings show a ‘resilient’ U.S. consumer, with signs of strain
Companies from Royal Caribbean to Coca-Cola and UPS say they are seeing steady consumer spending despite high inflation.
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Honda warns 50% Canada auto tariffs would be catastrophic for auto industry
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
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American Airlines hikes annual fees on rewards cards for first time since 2018
American Airlines joined other airlines and banks in raising their airline credit card fee for one of their major cards.
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Frozen housing market sends remodelers mixed messages
Home remodelers have always served two different markets, but the current state of housing is now pulling them opposite directions.
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A ‘canary in the coal mine’: Measles resurgence exposes weaknesses in U.S. public health, experts say
The measles resurgence exposes the U.S.’ public health weaknesses, such as declining vaccination rates and waning trust in health institutions, experts say.
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Boeing narrows third-quarter loss as defense sales rise, but focus remains on 737 Max production
Boeing is set to brief investors on its aircraft production outlook when it reports quarterly results before the market opens Tuesday.
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GM will switch to Nasdaq from the NYSE on Nov. 17
GM expects to keep its “GM” ticker symbol, and the company says shareholders do not need to take action because of the transfer.
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UPS beats quarterly expectations, raises full-year guidance again
UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row.
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CRE debt is due, presenting a ‘massive’ opportunity
A massive wall of commercial real estate debt is coming due now and over the next two years. For some, this presents an opportunity.
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JetBlue posts bigger loss on fuel costs, but CEO says margins improving
JetBlue Airways is in the middle of a plan that aims to cut costs and increase premium revenue.
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