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... Pepper…and Salt


https://www.wsj.com/opinion/pepperand-salt-5acc4b56

... Inside Donald Trump’s Attack on Immigration Courts

Judges describe a campaign of firings and interference which threatens the system’s independence.
https://www.newyorker.com/inside-donald-trumps-attack-on-immigration-court

... Andrew Cuomo’s Long Goodbye

In his cynical campaign for mayor, the former New York governor touted the decades he spent in power. That was part of the problem.
https://www.newyorker.com/news/the-lede/andrew-cuomos-long-goodbye

... Hollywood Sees Big Opportunity in Tiny Dramas

Former Miramax CEO Bill Block is launching GammaTime, a microdrama platform with more than 20 shows including two from the “CSI” creator.
https://www.wsj.com/business/media/hollywood-sees-big-opportunity-in-tiny-dramas-aa333984?mod=pls_whats_news_us_business_f

... Macy’s Employs Warehouse Robots to Speed Up Deliveries

The retailer’s new $640 million warehouse is its biggest, most automated facility yet.
https://www.wsj.com/articles/macys-employs-warehouse-robots-to-speed-up-deliveries-81385a14?mod=pls_whats_news_us_business_f

... Rivian to Lay Off More Than 600 Workers Amid EV Pullback

The EV truck maker is trying to reduce costs ahead of a new vehicle launch in 2026.
https://www.wsj.com/business/autos/rivian-to-layoff-more-than-600-workers-amid-ev-pullback-03a792e5?mod=pls_whats_news_us_business_f

... We Finally Know How to Get the One Renewable Energy Source Loved by Both Parties

Geothermal energy comes closer to competing with natural gas on cost and reliability, boosters say, thanks to new technologies, generous tax incentives and decades of fundamental research.
https://www.wsj.com/business/energy-oil/geothermal-energy-commercialization-technology-f2ae267b?mod=pls_whats_news_us_business_f

... Elon Musk Raises the Stakes for Vote on His Pay

Tesla CEO says control—not money—is the main issue. But walking away would be a problem for him as well.
https://www.wsj.com/business/autos/elon-musk-raises-the-stakes-for-vote-on-his-pay-108bbc2e?mod=pls_whats_news_us_business_f

... Prada Logs Higher Sales as Hopes of Luxury Recovery Build

The fashion house’s revenue was 9% higher than the same period a year earlier, adjusted for currency movements, as optimism grows for an upturn in demand for luxury goods.
https://www.wsj.com/business/retail/prada-logs-higher-sales-as-hopes-of-luxury-recovery-build-0c59c8cd?mod=pls_whats_news_us_business_f

... Unilever Underlying Sales Rise as China Returns to Growth

Underlying sales increased 3.9%, as the company readies to spin off its ice-cream division by the end of the year.
https://www.wsj.com/business/retail/unilever-reports-growth-in-underlying-sales-80b2f298?mod=pls_whats_news_us_business_f

... Kering Shares Rise as Gucci Shows Early Signs of Revival

Sales at the fashion house beat expectations in the most recent quarter, lifting revenue at the parent group and burnishing hopes of a sustained turnaround.
https://www.wsj.com/business/retail/kering-shares-rise-as-gucci-shows-early-signs-of-revival-654c61c6?mod=pls_whats_news_us_business_f

... Renault Sales Rise as Revamp Continues

Sales at all the group’s brands increased, including at its mainstay namesake Renault brand.
https://www.wsj.com/business/earnings/renault-sales-rise-as-revamp-continues-86fae49b?mod=pls_whats_news_us_business_f

... STMicroelectronics Shares Slide After Tesla Chip Supplier Forecasts Lower Annual Sales

The group expects revenue of roughly $11.75 billion as appetite for chips in the automotive industry struggles to rebound.
https://www.wsj.com/business/earnings/tesla-supplier-stmicroelectronics-expects-lower-annual-sales-amid-slow-recovery-in-chip-demand-01854079?mod=pls_whats_news_us_business_f

... Super Micro Trims First-Quarter Forecast on Order Delays

Super Micro Computer cut its quarterly revenue outlook after some customers delayed taking delivery of their orders.
https://www.wsj.com/tech/super-micro-trims-first-quarter-forecast-on-order-delays-bbfa05bb?mod=pls_whats_news_us_business_f

... AutoNation Profit Rises as Vehicle Sales Increase

AutoNation recorded higher third-quarter profit and sales as the company saw growth across all of its major categories, including new vehicles.
https://www.wsj.com/business/earnings/autonation-profit-rises-as-vehicle-sales-increase-0f9f4035?mod=pls_whats_news_us_business_f

... American Airlines Lifts Profit Target for 2025

American Airlines narrowed its loss in the third quarter and expects to end the year more profitable than Wall Street had been forecasting.
https://www.wsj.com/business/earnings/american-airlines-lifts-profit-target-for-2025-3c291416?mod=pls_whats_news_us_business_f

... Blackstone Distributable Earnings Rise, Takes In $54 Billion of Cash Flows

Blackstone’s third-quarter distributable earnings rose as the asset manager enjoyed momentum in fundraising across its institutions, insurance and individuals channels.
https://www.wsj.com/business/earnings/blackstone-distributable-earnings-rise-takes-in-54-billion-of-cash-flows-716c601e?mod=pls_whats_news_us_business_f

... PG&E Net Up on Higher Electricity Demand

PG&E’s third-quarter net income rose sharply as rising demand for electricity offset lower average residential rates.
https://www.wsj.com/business/earnings/pg-e-net-up-on-higher-electricity-demand-b952523b?mod=pls_whats_news_us_business_f

... Airbus, Leonardo, Thales to Launch Space Tie-Up to Compete With Musk’s SpaceX

The aerospace and defense giants plan to pool their space activities into a new company aimed at strengthening Europe’s strategic autonomy.
https://www.wsj.com/business/airbus-leonardo-thales-to-launch-space-tie-up-to-compete-with-musks-spacex-45d39ce1?mod=pls_whats_news_us_business_f

... OpenAI-Linked Creative Studio Raises $12 Million as It Eyes AI Content Drive

EXCLUSIVE: Wonder Studios, an AI creative studio, raised the funding to expand its production amid a growing trend toward use of AI in the entertainment industry.
https://www.wsj.com/tech/ai/openai-backed-creative-studio-raises-12-million-as-it-eyes-ai-content-drive-cad81e1f?mod=pls_whats_news_us_business_f