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Stellantis factory halted after aluminum plant fire, Bloomberg News reports

(Reuters) -A Stellantis plant in Michigan will remain shut down for several weeks due to a shortage of key components, Bloomberg News reported on Tuesday. Production at the company’s Warren plant, which was halted on October 13, will stay idle until the week of November ...
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Sachem Head says Entain’s stock could double in a few years

By Svea Herbst-Bayliss NEW YORK (Reuters) -Sachem Head Capital Management expects sports betting and gambling company Entain’s shares could double in the coming years, fueled by increased demand and better returns from a joint venture with hospitality, sports and entertainment company MGM. “Time is on your ...
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Chubb’s third-quarter profit jumps on lower catastrophe losses, higher investment returns

(Reuters) -Insurance company Chubb reported a rise in third-quarter profit on Tuesday, helped by lower catastrophe losses, higher investment returns and strong underwriting fees. Resilient consumer spending, despite higher borrowing costs, has helped sustain insurance demand as businesses and households continue to prioritize protection against ...
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MusiCares names Mariah Carey its 2026 Person of the Year

NEW YORK (AP) — MusiCares, an organization that helps music professionals who need financial, personal or medical assistance, will honor Mariah Carey as its 2026 Person of the Year. The organization announced Tuesday that it will honor the five-time Grammy Award winning artist for providing ...
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A United Airlines emergency landing likely caused by collision with a weather balloon

A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing. A California company called Windborne Systems said it started looking into the situation Sunday, ...
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Boeing receives US Army orders for nine Chinook helicopters worth $461 million

(Reuters) -Boeing said on Tuesday it had received orders for nine CH-47F Block II Chinook helicopters from the U.S. Army via two contract awards worth $461 million. The order increases the number of CH-47F Block II aircraft under contract to 18, Boeing said. (Reporting by ...
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US seeks 1 million barrels of oil for Strategic Petroleum Reserve

By Timothy Gardner WASHINGTON (Reuters) -The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take advantage of relatively low oil prices to help replenish ...
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Air New Zealand sees loss in first half of 2026

(Reuters) -Air New Zealand on Wednesday forecast a loss before tax for the first half of fiscal 2026, citing higher engine lease costs and the absence of an expected revenue pickup from domestic and U.S.-bound bookings. The flag carrier is anticipating to report a loss ...
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Netflix misses earnings targets after tax dispute in Brazil

By Lisa Richwine LOS ANGELES (Reuters) -Netflix missed Wall Street third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities and it offered a forecast a touch ahead of Wall Street projections for the rest of the year.  The streaming service ...
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Chipmaker Texas Instruments forecasts fourth-quarter revenue below estimates

(Reuters) -Texas Instruments forecast fourth-quarter revenue below Wall Street estimates on Tuesday, as macroeconomic uncertainty stemming from a Sino-U.S. trade war threatens a demand recovery for the company’s analog chips. TI expects revenue between $4.22 billion and $4.58 billion for the fourth quarter, compared ...
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Jana owns 9% stake in Six Flags, eyes changes at theme park operator

NEW YORK (Reuters) -Activist investor Jana Partners owns a 9% stake in Six Flags Entertainment and has teamed up with football star Travis Kelce to push the theme park operator to improve marketing and customer experiences. Jana Partners’ Scott Ostfeld disclosed the position at ...
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Beyond Meat shares soar on planned Walmart distribution

NEW YORK (Reuters) -Shares of Beyond Meat leaped more than 80% in active trading on Tuesday after the U.S. plant-based meat maker announced plans to expand distribution into Walmart stores. Beyond Meat said some of its products, including its “Beyond Burger 6-pack” and “Beyond Chicken Pieces,” ...
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