T-Mobile Picks Up Pace of Its Cost-Cutting Program
The wireless carrier ended the Sept. 30 quarter with 689,000 more postpaid phone subscribers, adding to its share of a valuable market for customers billed for monthly service after it is provided.
AIG's Net Income Fell in Third Quarter
The insurance conglomerate posted a decline in third-quarter net income tied partly to a divested business, but its operating profit increased despite higher storm costs as well as losses related to the pandemic.
Macquarie Group's Profit Falls
Macquarie Group's first-half net profit fell by 32% as Australia's biggest investment bank and asset manager absorbed higher credit and other impairment charges tied to the impact of the coronavirus pandemic.
Saudi Arabia's Sovereign Wealth Fund to Buy Stake in Reliance Retail
Saudi Arabia's sovereign-wealth fund Public Investment Fund has agreed to invest about $1.3 billion in the retail venture of Indian conglomerate Reliance Industries Ltd.
Foursquare CEO David Shim Steps Down
Gary Little, a member of Foursquare Labs' board, will become chief executive after David Shim's Jan. 1 departure.
Peloton, Pizza and Videogames Grow in Stay-at-Home World
Consumers holed up during the pandemic redirected their travel and entertainment dollars toward pizza, videogames, home-exercise equipment and luxury goods, according to several corporate updates Thursday.
Uber Posts Third-Quarter Loss as Pandemic Continues to Hurt Rides
Food delivery continues to be a bright spot for the ride-hailing operator, but it hasn't offset an overall revenue decline.
Facebook Imposes Limits on Election Content, Bans 'Stop the Steal'
The social-media company has announced new measures to restrict the spread of false and possibly dangerous material.
Apollo Chosen to Lead $4 Billion Loan for Hertz Fleet Revival
Apollo Global Management Inc. is leading a $4 billion wager on Americans' rising propensity to travel by car, agreeing to finance a planned refurbishing of Hertz Global Holdings Inc.'s aging vehicle fleet as the U.S. rental-car business rebounds.
Qualcomm Is Finally Cleaning Up
The new 5G iPhones are a clear boon for Qualcomm. And luckily for the chip maker, it now has more to its story.
(END) Dow Jones Newswires