Norway’s sovereign-wealth fund is the first major institutional investor to disclose how it voted on the chief executive’s pay package.https://www.wsj.com/business/autos/major-tesla-investor-rejects-elon-musks-1-trillion-pay-deal-a55d2e68?mod=pls_whats_news_us_business_f
The social-media platform now expects revenue in the fourth quarter to slow to 14% to 16%, despite recording 17% growth in the third quarter.https://www.wsj.com/business/earnings/pinterest-third-quarter-sales-rise-sees-slower-growth-in-fourth-quarter-cfdcd496?mod=pls_whats_news_us_business_f
Australian investment manager Perpetual said it is in talks with Bain Capital for a potential sale of its wealth-management business to the U.S. private-equity giant.https://www.wsj.com/business/deals/bain-capital-in-talks-to-acquire-perpetuals-wealth-management-unit-e973633c?mod=pls_whats_news_us_business_f
Apollo CEO Marc Rowan addressed issues that have had investors on edge.https://www.wsj.com/finance/private-credit-earnings-ease-investor-concern-over-markets-health-bf35f4f1?mod=pls_whats_news_us_business_f
BBRC, which owns a nearly 13% stake in the retailer, called for the removal of board chair Donna James and asked for a board seat.https://www.wsj.com/business/retail/major-investor-in-victorias-secret-seeks-board-shake-up-ab2c5b03?mod=pls_whats_news_us_business_f
TriMas agreed to sell its aerospace business for $1.45 billion to an affiliate of private investment firm Tinicum. Funds managed by Blackstone will be a minority investor in the transaction.https://www.wsj.com/business/deals/trimas-to-sell-aerospace-segment-for-1-45-billion-3d898b9c?mod=pls_whats_news_us_business_f
Denny’s stockholders will receive $6.25 a share in cash for each Denny’s share, a 52% premium to its closing stock price on Monday.https://www.wsj.com/finance/investing/dennys-to-go-private-in-322-million-deal-dd0eb98f?mod=pls_whats_news_us_business_f
It marks the latest sign of weaker demand for fast-casual restaurants.https://www.wsj.com/business/earnings/cava-cuts-full-year-outlook-as-same-store-sales-growth-slows-in-third-quarter-a7ca9fd4?mod=pls_whats_news_us_business_f
Find insight on Palantir, Shopify, and more in the latest Market Talks covering Technology, Media and Telecom.https://www.wsj.com/business/tech-media-telecom-roundup-market-talk-7d6b859c?mod=pls_whats_news_us_business_f
The seed and pesticide producer posted a loss of $320 million in the third quarter, compared with a loss of $524 million a year earlier.https://www.wsj.com/business/earnings/corteva-narrows-loss-raises-sales-view-ahead-of-seeds-spinoff-325ef805?mod=pls_whats_news_us_business_f
The biotechnology company reported a profit of $3.22 billion thanks to a 12% rise in product sales.https://www.wsj.com/business/earnings/amgen-raises-full-year-outlook-after-third-quarter-profit-sales-jump-9710be56?mod=pls_whats_news_us_business_f
The company swung to a loss in the recent quarter, as changing consumer preferences and macroeconomic pressures weighed on the beer industry.https://www.wsj.com/business/earnings/molson-coors-expects-to-hit-low-end-of-outlook-after-sales-fall-f7e7c86d?mod=pls_whats_news_us_business_f
The South Korean internet giant’s third-quarter net profit rose 39% as its artificial-intelligence push bolstered growth across its core platform and online-commerce segments.https://www.wsj.com/business/earnings/navers-third-quarter-earnings-rose-on-ai-push-dfdd1cb3?mod=pls_whats_news_us_business_f
The airline’s revenue fell 5% to 5.77 billion Canadian dollars in the latest quarter.https://www.wsj.com/business/earnings/air-canada-sales-profit-fall-following-flight-attendant-strike-a9184612?mod=pls_whats_news_us_business_f
The server maker now expects revenue for fiscal 2026 to hit at least $36 billion amid rising AI-related demand for Nvidia-equipped servers.https://www.wsj.com/business/earnings/super-micro-raises-revenue-outlook-as-order-book-expands-65c635b4?mod=pls_whats_news_us_business_f
Tinder experienced another decline in revenue and a 7% drop in paying users, though Chief Executive Spencer Rascoff said certain new product offerings are gaining traction with Gen Z users.https://www.wsj.com/business/earnings/match-results-improve-though-tinder-is-still-searching-for-love-from-users-a48fc3c4?mod=pls_whats_news_us_business_f
The electric-vehicle maker’s top line rose to $1.56 billion as sales from its automotive business, which comprised the majority of total revenue, increased 47%.https://www.wsj.com/business/autos/rivian-third-quarter-revenue-rises-78-on-higher-vehicle-deliveries-pricing-4d0bdedc?mod=pls_whats_news_us_business_f
Musk’s focus on winning the artificial-intelligence arms race leads to long hours at xAI. Employees were compelled to turn over biometric data to develop controversial avatars.https://www.wsj.com/tech/musk-tesla-compensation-xai-40d84f8a?mod=pls_whats_news_us_business_f
Find insight on Uber, Ferrari and more in the latest Market Talks covering Auto and Transport.https://www.wsj.com/business/auto-transport-roundup-market-talk-38bd6fa5?mod=pls_whats_news_us_business_f
Owners of models involved in the recall were advised to park outside, away from structures and not to charge their vehicles.https://www.wsj.com/business/autos/stellantiss-chrysler-recalls-320-000-hybrid-jeeps-over-battery-fire-risk-141311a6?mod=pls_whats_news_us_business_f