October 2026
American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year
It’s the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs.
Virginia state Sen. L. Louise Lucas, a Trump critic, charged in marijuana racketeering case
The investigation into the Democrat predates the current Trump administration. But the timing of the indictment before the midterms has raised eyebrows.
James Talarico fires back at Elon Musk in Texas Senate race feud
Musk in September donated $158 million to a Republican Super PAC, which sent that cash to a PAC backing GOP Senate nominee Ken Paxton, Talarico’s opponent.
GM aims to develop vehicles in as little as two years with AI, software push
General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.
Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
Trump denies ordering Starlink slowdown in Ukraine, says he doesn’t know who did
Asked if Elon Musk ordered the slowdown, Trump said, “I don’t know who did it, but I was not involved.”
Netflix has dipped its toe into theatrical. Is it ready to jump in?
Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.
Trump-aligned super PACs pour millions into once-safe GOP House seats
Trump-aligned PACs are pouring hundreds of millions into House and Senate races as Republicans defend an expanding midterm election battleground map.
Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here’s their edge
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.