Today’s Breaking News

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Ford reaffirms annual EBIT guidance after latest aluminum supplier fire

DETROIT (Reuters) -Ford Motor on Friday stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis’ New York plant.Ford’s stock rose about 4% during Friday’s session, extending gains after the automaker reaffirmed the outlook it …

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US confirms sale of $700 million air defence missile system to Taiwan

In the Indo-Pacific region, only Australia and Indonesia now operate the system, three of which the United States said last year Taiwan would receive as part of a $2-billion weapons sale. The National Advanced Surface-to-Air Missile System (NASAMS) medium-range air defence solutions, as they are called, are m …

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Bidders for Warner Bros Discovery face barrage of political and regulatory risks

(Reuters) -Paramount Skydance, Comcast and Netflix are bidding to buy Warner Bros Discovery, Reuters reported on Thursday, but each company’s bid faces its own political and regulatory risks.Factors to watch include market share imbalances each bidder couldÂ bring, investors and public comments by U.S. Pres …

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US cancels release of CPI report for October because of government shutdown

“BLS is unable to retroactively collect these data. For a few indexes, BLS uses nonsurvey data sources instead of survey data to make the index calculations,” the BLS said in a statement.”BLS is able to retroactively acquire most of the nonsurvey data for October. Where possible, BLS will publish October 2025 …

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