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Huntington to buy Cadence in $7.4B deal

Huntington Bancshares will acquire Cadence Bank in an all-stock deal worth $7.4 billion, creating a top-ten bank with $276 billion in assets and $220 billion in deposits. Cadence holders will receive 2.475 Huntington sha…

Takaichi Weighs Japan’s $550 Billion U.S. Pact

After eight trips to Washington, Ryosei Akazawa secured a deal that swapped lower‑than‑threatened U.S. tariffs for a $550 billion Japanese fund to finance American projects chosen at President Trump’s direction, with pro…

Futures Climb as US, China Near Deal

US stock futures rose Sunday after US and Chinese representatives agreed on a trade-deal framework that could avert tariffs up to 157%, while investors bet on a rate cut. Dow, S&P 500 and Nasdaq futures gained 0.65%, 0.7…

Bessett touts China talks to aid soybean farmers

Treasury Secretary Scott Bessett said he has “felt pain” from China’s halt on U.S. soybeans, telling ABC’s This Week, “I’m actually a soybean farmer.” He said two days of talks produced a “substantial framework” he belie…

Ukraine’s Fire Point grows, faces procurement scrutiny

Born in basement workshops, Ukraine’s drone start-ups are racing into industry, led by Fire Point—a firm that pivoted from film work to become a military contractor. Executives say it holds $1 billion in contracts this y…

Metal contamination prompts LSI jerky recall

LSI, Inc. of Alpena is recalling more than 2.2 million pounds of Golden Island fire-grilled pork jerky (Korean barbecue recipe) after customers reported wiry metal fragments, federal officials said. The voluntary recall …

Traders Warn as Gold Hits Record Highs

Images of long queues outside gold stores flooded social media over the past month, and professional metals traders grew increasingly uneasy. On Oct. 6, Nicky Shiels, head of research at MKS Pamp SA, told clients gold is…

JPMorgan Seeks to Halt Frank Sellers’ Legal Fees

JPMorgan Chase asked a court to end what it calls “abusive billing” by Charlie Javice and Olivier Amar, saying it has covered nearly $115 million in their legal costs under its agreement from buying their startup, Frank.…

Taco Bell Expands Live Más Café Beverage Push

Taco Bell is doubling down on drinks with its in-restaurant Live Más Café counters, now open in Chula Vista and near UC Irvine and projected to reach 30 locations across Southern California, Dallas and Houston by year-en…

P&G beats Q1 on beauty, grooming demand

Procter & Gamble beat Wall Street’s expectations for its fiscal first quarter, buoyed by strong beauty and grooming demand, and kept its full-year outlook despite tariff costs and what CEO Jon Moeller called a “challengi…

Ford Profit Jumps, Fire Slows Truck Output

Ford’s third-quarter profit more than doubled to $2.4 billion as strong truck and SUV sales offset tariffs, but a September fire at a key Novelis aluminum plant will slow pickup output and cut fourth-quarter pretax profi…

Target to Cut 1,800 Corporate Jobs Amid Slump

Target will cut 1,800 corporate jobs—about 8% of its corporate workforce—in its first major layoffs in a decade, the Minneapolis-based retailer said. In a memo, incoming CEO Michael Fiddelke said the move is meant to sim…

Musk seeks control, pay for 'robot army'

In a blunt earnings-call pitch, Tesla CEO Elon Musk said he needs voting control and a pay package worth nearly $1 trillion to proceed with building a 'robot army,' warning he could be ousted otherwise. The proposal ties…

USPS postmark change prompts early ballot advice

USPS says machine-applied postmark dates may not match the day mail is dropped off. As the agency reorganizes, reduced pickups for areas more than 50 miles from new processing hubs mean some first-class mail isn’t proces…

American Airlines names Nat Pieper commercial chief

American Airlines has appointed industry veteran Nat Pieper as its new commercial chief, as its profits trail Delta and United. Pieper, 56, previously led the Oneworld alliance and has held senior roles at Northwest, Del…

U.S. Eyes Equity Stakes in Quantum Firms

The Trump administration is negotiating equity-for-funding deals with quantum-computing firms, including IonQ, Rigetti Computing and D-Wave Quantum, the Wall Street Journal reported, citing anonymous sources. Quantum Com…

Paramount’s Rising Bids Rebuffed as WBD Considers Sale

Paramount made three escalating, rejected bids to buy Warner Bros. Discovery, culminating on Oct. 13 with a $23.50-per-share cash-and-stock offer—an 87% premium—and a proposal to keep David Zaslav as co-chief executive a…

Southwest Posts Surprise Profit, Eyes Record Q4

Southwest Airlines reported an unexpected third‑quarter profit, topping Wall Street on adjusted EPS and revenue, even as net income fell 19% to $54 million. Revenue inched up 1% to $6.95 billion. The carrier forecast rec…

USDA Reopens Farm Offices Amid Shutdown

The Agriculture Department will reopen about 2,100 Farm Service Agency offices nationwide on Thursday despite the government shutdown, enabling access to $3 billion in existing aid. Each site will have two paid staff, wi…

Tesla Profit Falls as Credits, Tariffs Weigh

Tesla’s third-quarter profit fell 37% to $1.4 billion even as revenue rose 12% to $28.1 billion, squeezed by price cuts, low-interest loans and tariffs. Revenue from clean-air credits dropped 44% to $417 million. The com…

Amazon Pushes Warehouse Robots, Eyes Big Savings

Amazon is accelerating warehouse automation that could replace 600,000 jobs and deliver multibillion-dollar savings, according to internal plans reported by the New York Times and an analysis by Morgan Stanley. The compa…

Wall Street Slips as Netflix Sags, Gold Falls

Wall Street eased from records Wednesday as earnings steered sharp moves. The S&P 500 fell 0.6%—still within 0.8% of its high—while the Dow lost 211 points and the Nasdaq slipped 1.2% as of 1:12 p.m. Eastern. Netflix tum…

NHL Signs First Deals With Prediction Markets

The NHL struck multiyear licensing deals with prediction markets Kalshi and Polymarket, the first such agreement between a major U.S. league and the sector. The companies can use league data, marks and official designati…

Meta to cut 600 at superintelligence lab

Meta will cut about 600 jobs from its superintelligence lab, chief AI officer Alexandr Wang told staff in a Wednesday memo, according to Axios — a report Meta told TechCrunch was accurate. Wang said a smaller team would …

Employer Health Costs Surge, Workers Pay More

Family health insurance for most American workers averaged $27,000 this year, with little relief expected next year, a KFF survey found. Employers covered roughly three-quarters, while employees paid $6,850—about $600 a …

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