Dow Jones Top Company Headlines at 11 AM ET: American Express to Cut 3,500 Jobs | Bombardier ...
American Express to Cut 3,500 Jobs
The credit-card company is the latest to announce job cuts this week as Barclays, eBay and Volvo also lay off thousands of employees.
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Bombardier to Invest $270 Million in U.S. Expansion
Bombardier plans to invest $270 million to expand its American infrastructure footprint and hire 800 U.S. workers, days after President Trump seemed to soften his rhetoric against the Montreal business-jet maker.
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SK Hynix Pauses IPO of Memory-Chip Unit as AI Valuation Fears Mount
The decision to pull Solidigm's U.S. public debut comes amid deepening investor caution toward artificial-intelligence valuations.
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SLB Logs Higher Revenue as Business in the Middle East Recovers
SLB reported higher third-quarter revenue as business in the Middle East began to gradually recover, following a challenging start to the year.
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LKQ Ousts CEO, Warns of Third-Quarter Shortfall
The automotive parts-and-services company ousted its chief executive and launched a review of its European operations after a disappointing quarterly performance. Shares sank.
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Volvo Car Slumps After 2,500 Job Cuts Added to Expanded Turnaround Push
Shares were down 26% after the automaker said it would cut another 2,500 jobs-around 6% of its workforce-amid worsening market conditions.
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Booz Allen Expects Growth to Accelerate as Civil Business Pressures Ease
The company raised its full-year earnings outlook after reporting a higher profit in the latest quarter.
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Shares in Gucci-Parent Kering Plunge as Hoped-For Recovery Keeps Receding
The French luxury-fashion house's sales fell on a 6% drop at Gucci that makes up not far from half of the group's revenue.
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Rogers Communications Profit Drops on Comparison, Revenue Rises
Rogers Communications reported a decline in third-quarter profit, due to a large prior-year accounting gain, but adjusted profit topped expectations on higher revenue.
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Oil Majors' Quarterly Earnings in Spotlight With Refineries Set to Gain
Tightness in global fuel markets is driving refining margins to all-time highs, making refineries a key earnings driver for oil majors.
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Citi Gets Regulator Nod for Wholly Owned Securities Venture in China
Citi has received approval from Chinese regulators to set up a wholly owned securities company in China, a milestone in its yearslong effort to deepen its presence in the country.
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Eni Shareholders Set for Cash Boost After Earnings Double
The company kicked off earnings season for energy majors with an extraordinary dividend and buyback hike on exceptional refining margins.
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Safran Confirms Guidance as Revenue Jumps
The French aerospace-industry supplier said the metric was pushed higher by double-digit growth across its propulsion and equipment and defense units.
(END) Dow Jones Newswires
October 23, 2026 11:15 ET (15:15 GMT)
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