CBS Reports Lower Profit on Merger-Related Costs
CBS said profit fell about 35% in the third quarter, in part because the entertainment and media company faced higher costs related to its planned merger with Viacom.
Dean Foods Files for Chapter 11 Bankruptcy
Dean Foods, whose brands include Lands O' Lakes, said it filed for chapter 11 bankruptcy and is in advanced talks to sell itself to Dairy Farmers of America, the nation's largest dairy cooperative.
Tyson Posts Weaker Profit After Fire at Beef Plant
Tyson Foods said profit fell by almost one-third in its latest quarter, in part because a fire forced it to temporarily close a major beef-processing plant.
Nissan Slashes Forecasts as Sales and Profit Fall on Weak Demand
The results showed the auto maker struggling to overhaul its business, hurt both by a downturn in the global auto industry and turmoil within the company in the year since the arrest of former Chairman Carlos Ghosn.
Juul to Cut Roughly 650 Jobs, or 16% of Workers
The embattled e-cigarette maker also plans to cut $1 billion in spending next year as it braces for a hit in sales after voluntarily stopping the sale of its most popular flavor in the U.S.
Zillow, Opendoor Pay Close to Market Value for Homes, Study Says
Companies using technology to make rapid cash offers to home sellers are typically paying their customers close to market value, a new study found.
Financial Times Appoints First Female Editor
The U.K.'s Financial Times newspaper appointed its first woman editor in its 130-year history in the publication's first change of editorial leadership since 2005.
Google Amasses Medical Records of Millions of People
Google is teaming with one of the country's largest health-care systems on an ambitious project named "Project Nightingale" to collect and crunch detailed health information of millions of Americans across 21 states.
Vodafone Ups Profit Guidance
Vodafone raised its earnings forecasts for 2020, benefiting from the acquisition of Liberty Global assets in Europe and the sale of its New Zealand operations.
Anglo American Sees Mixed Output Forecasts
Anglo American raised production guidance for its Minas Rio iron-ore operation in Brazil, but cut forecasts for its Kumba iron-ore project in South Africa and metallurgical coal output for the next two years.