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Diamondback CEO sees US crude output growth stalling with $60/bbl oil
Reuters· 2025-10-01 23:42
U.S. oil production growth will stall if prices stay near $60 per barrel, as fewer drilling sites are profitable at that level, the CEO of Diamondback Energy , one of the country's top oil producers, ... ...
GM third-quarter US auto sales up about 8%
Reuters· 2025-10-01 23:32
General Motors reported a 7.7% rise in its U.S. auto sales during the third-quarter on Wednesday, aided by strong demand for electric vehicles and SUVs. ...
Toyota's third-quarter US sales up nearly 16%
Reuters· 2025-10-01 23:31
Toyota Motor's North American unit reported a near 16% rise in auto sales on Wednesday, helped by sales of its pickup trucks and cars. ...
US Supreme Court to hear arguments over Trump bid to fire Fed's Cook
Reuters· 2025-10-01 22:56
The U.S. Supreme Court announced on Wednesday it will hear arguments over Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook - the first-ever bid by a president to fire a Fed official in his unprecedented challenge to central bank independence. ...
Five US states file antitrust lawsuit against Zillow, Redfin
Reuters· 2025-10-01 22:51
Five U.S. states have filed an antitrust lawsuit accusing Zillow Group and Redfin Corp of running an illegal scheme to stop competing for apartment advertisements. ...
Activist investors had busiest quarter ever, launching 61 campaigns
Reuters· 2025-10-01 22:46
Activist investors who push companies for operational changes and management shake-ups launched a record number of attacks on global corporations in the third quarter and won more board seats and settlements, new data from Barclays show. ...
BYD's quarterly car sales fall for first time since 2020, data shows
Reuters· 2025-10-01 22:19
BYD's third-quarter sales fell 2.1% from a year earlier, according to Reuters' calculations based on a company filing released on Wednesday, the first quarterly decline for the Chinese EV and hybrid c... ...
Duke Energy considers nuclear reactors and coal extensions in Carolinas energy plan
Reuters· 2025-10-01 21:56
U.S. power company Duke Energy is considering adding large nuclear reactors to its fleet and extending the life of some coal plants as part of a long-term energy plan aimed at meeting sharply rising e... ...
Takeda Pharmaceutical to exit cell therapy research
Reuters· 2025-10-01 21:41
Japanese drugmaker Takeda Pharmaceutical said on Wednesday it will discontinue its cell therapy research and look for a partner to advance candidates under development. ...
UK's Indivior to re-domicile to US after listing move
Reuters· 2025-10-01 21:35
Indivior , said on Wednesday it plans to relocate its corporate domicile from the UK to the United States, establishing a new Delaware-based parent company, just months after the pharmaceutical firm m... ...