Business Archives | Page 9 of 17

Meta Q3 Earnings Stunted by Nearly $16 Billion U.S. Tax Charge Because of Trump’s One Big Beautiful Bill Act - variety.com

Meta Q3 2025 Earnings Stunted by Nearly $16 Billion Tax Charge Linked to Trump-Era ‘One Big Beautiful Bill Act’

Meta reported record Q3 2025 revenue ($51.2B) but net income was reduced by a nearly $16 billion tax charge stemming from the ‘One Big Beautiful Bill Act.’ Analysis of the impact.

Asian Rally to Stall After Powell Rate Cut Caution: Markets Wrap - Bloomberg.com

Asian Markets Stall as Powell Dampens Hopes for December Rate Cut

Federal Reserve Chair Jerome Powell warned that a December rate cut is not guaranteed, causing Asian markets to struggle for direction. Get the full analysis and implications for investors in 2025.

Stock futures move lower after tech earnings put focus back on AI trade: Live updates - CNBC

Stock Futures Decline as Big Tech Earnings Force Reassessment of AI Valuations

Market Futures Slide Amid Dual Headwinds: Tech Earnings and Fed Stance Stock market futures moved distinctly lower late Wednesday, October 29, 2025, as investors processed a potent combination of disappointing Big Tech earnings reports and the Federal Reserve’s latest commentary on monetary policy. The decline signaled a renewed focus on the sustainability of high valuations,…

Paramount Layoffs Hit CBS News: Streaming Shows Canceled, Saturday Morning Show to Be Overhauled - The Hollywood Reporter

Paramount Layoffs Decimate CBS News, Leading to Streaming Show Cancellations and Saturday Morning Overhaul

Paramount Global’s cost-cutting measures resulted in major layoffs across CBS News, leading to the cancellation of streaming shows and a Saturday morning programming overhaul. Get the full details.

Live: Will Meta (Nasdaq: META) Shares Soar After Announcing Q3 Earnings? - 24/7 Wall St.

Meta Shares Surge After Q3 Earnings Beat, Driven by AI and Ad Engagement

Meta Platforms reported a significant Q3 2025 earnings beat, driven by strong AI-powered ad engagement. Analyze the core numbers and Q4 guidance. Full details.

FDA to speed up approvals of generic biologic medicines as Trump targets high drug costs - CNBC

FDA Accelerates Biosimilar Approvals to Drive Down High Biologic Drug Costs

The FDA announced new steps to accelerate approvals for biosimilars (generic biologics), aiming to increase competition and lower prescription drug costs. Full analysis of the regulatory changes.

Starbucks Hits Record $10.2 Billion Revenue in Q4 2025, Driven by Global Comps Growth

Starbucks reports record $10.2 billion Q4 2025 revenue and 8% global comparable sales growth. Analysis of US, China, and 2026 guidance.

Paramount Cuts Hit CBS News: Streaming Editions of Morning and Evening Shows Axed

Paramount Global’s corporate cuts lead to layoffs at CBS News and the cancellation of streaming editions of ‘CBS Mornings’ and ‘CBS Evening News.’ Read the full impact analysis.

GM to cut 1,200 jobs at Detroit EV plant, hundreds more at Tennessee, Ohio battery sites - The Detroit News

GM Cuts 1,200 Jobs at Detroit EV Plant, Citing Slowing U.S. Market Demand

General Motors is cutting 1,200 jobs at its Detroit EV plant and hundreds more at battery sites due to the slowing U.S. electric vehicle market. Get the full analysis on the production shift and market correction.

Stock market today: Dow, S&P 500, Nasdaq rise as Fed cuts rates for 2nd straight meeting, Nvidia surges - Yahoo Finance

Fed Cuts Rates Second Time; Dow, S&P 500 Rise as Nvidia Surges

The Federal Reserve cut interest rates for the second straight meeting, boosting the Dow, S&P 500, and Nasdaq. Read the analysis on Nvidia’s surge and Powell’s cautious forward guidance.

Bill Gates Warned Satya Nadella Initial OpenAI Investment Was Like ‘Setting $1 Billion on Fire’

The Billion-Dollar Warning: Gates’ Skepticism Over Early OpenAI Investment In the high-stakes world of technology investment, few decisions have proven as transformative—or as controversial at the time—as Microsoft’s early commitment to OpenAI. While the partnership is now universally lauded as a masterstroke that cemented Microsoft’s leadership in the generative AI era, CEO Satya Nadella recently…