01:04 PM EDT, 10/22/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%. In corporate news, Netflix ( NFLX ) shares fell past 10% after it reported Q3 earnings late Tuesday of $5.87 per diluted share, up from...

WASHINGTON, Oct 22 (Reuters) - President Donald Trump said the chief executives of General Motors Co ( GM ) and Ford Motor Co ( F ) called to thank him on Wednesday for putting tariffs on mid- and large-sized trucks, saying their companies stock has soared. They told me that, without Tariffs, it would be a very hard, long 'slog'...

Acquisition Further Enhances the leading AI offering in GRC SAN DIEGO, Oct. 22, 2025 /PRNewswire/ -- Audit & Beyond -- AuditBoard, the leading AI-powered global platform for connected risk transforming audit, risk, and compliance, today announced it has reached a definitive agreement to acquire FairNow, an end-to-end, purpose-built AI Governance (AI Gov) platform. FairNow further enhances AuditBoard's industry leading capabilities with intelligent,...

PARIS (Reuters) -Kering's sale of its beauty business to L'Oreal will result in a net gain before tax in Kering's annual results, COO Jean-Marc Duplaix told analysts in a call on Wednesday when asked if the transaction would lead to a writedown. Under the deal announced on Sunday, L'Oreal agreed to pay 4 billion euros for Kering's premium fragrance brand...