News Highlights: Top Company News of the Day - Friday at 7 PM ET

Exxon and Chevron Feel Brunt of Cheaper Oil

The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.

Ares Aims for Record Year in Fundraising and Investing

The credit specialist deployed nearly $30 billion in the third quarter alone and is on track to collect around $85 billion in fresh capital this year.

Globalstar Stock Soars After Agreement With Apple

The satellite company will deliver expanded services to Apple over a new mobile services network.

Visa Has Deployed Hundreds of AI Use Cases. It's Not Stopping.

Visa is leaning on staff to quickly drum up generative AI use cases even as the payments giant streamlines its international business and cuts jobs.

Charter's broadband saga may have bottomed. Has its stock done the same?

Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.

Wayfair Stock Gives Up Gains. Financial Chief Cites 'Challenging' Environment.

The home-furnishings company's disappointing guidance loomed over an earnings beat.

Boeing Makes Another Offer to End Machinists Strike

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.

Reckitt Shares Surge After Baby Formula Lawsuit Win

Shares in Reckitt Benckiser topped the Stoxx Europe 600 Index after a U.S. court cleared the company of liability in a case concerning its baby formulas.

Amazon Keeps Profit Margins in Orbit

The e-commerce giant's strong operating earnings are offsetting a huge jump in AI spending and countering worries of declining margins.

U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners

U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as geopolitical tensions rise.