Dow Jones Top Company Headlines at 7 PM ET: American Express to Cut 3,500 Jobs | Apple's ...

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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Apple's iPhone Duo Is on Sale. Good Luck Buying One.

Despite mixed reviews, demand for the new folding iPhone is significantly outpacing the current supply.

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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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JetBlue Creditors Huddle With Restructuring Advisers as Bonds, Shares Sink

Senior creditors to the airline are working with financial adviser PJT Partners and law firm Akin.

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Bombardier to Invest $270 Million in U.S. Expansion as Trump Softens Stance

The expansion, which includes projects in Texas, Indiana, Kansas and Connecticut, will directly add 800 U.S. jobs, the Montreal-based business-jet maker said.

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FICO Holds $10 Pricing for Mortgage Lenders Amid New Competition

Fair Isaac said it is holding its price of $10 for mortgage lenders to use its FICO score, a price that is more than double that of competitor VantageScore 4.0.

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SLB Revenue Rises as Data-Center Demand Grows, Middle East Business Recovers

The company's third-quarter revenue climbed 5.8% to $9.45 billion, supported by rapid growth in its data-center division and a gradual recovery in its Middle East business.

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Eni to Sign up to $1.8 Billion of Infrastructure Contracts for Cyprus Gas Project in Coming Days, Sources Say

The contracts involve building subsea infrastructure that will help extract, treat and send gas to Egypt via underwater pipelines, according to people familiar with the matter.

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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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Berkshire Beats Challenge to $535 Million Talc Bankruptcy Deal

A New Jersey bankruptcy judge approved a $535 million deal for Berkshire Hathaway and others to resolve asbestos-injury liabilities tied to a defunct affiliate, rejecting claims the deal negotiators were conflicted.

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Archer to Launch Air Taxis in Texas

The air taxi networks are slated for Austin, Houston and the Dallas-Fort Worth area, with the goal to increase connectivity between major airports, business hubs and tourist destinations.

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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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LKQ Ousts CEO, Warns of Third-Quarter Shortfall

Shares of LKQ sank after the automotive parts-and-services company parted ways with its chief executive and launched a review of its European operations.

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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.

(END) Dow Jones Newswires

October 23, 2026 19:00 ET (23:00 GMT)