General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
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Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.
Prime Minister Andy Burnham has asked ministers to develop a plan to remove standing charges from gas bills. These are fixed daily fees that cover the costs of connecting to a supply. They vary by region and households must still pay them even when energy is not being used. Industry body Energy UK said whether the proposed changes would make a difference to bills would depend on how or where the charges were reallocated on the bill.
Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds.