Business News

AM Business Notebook 

For: October 22, 2025 

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed mixed yesterday with the Dow Jones Industrial Average notching a new record high.  Strong earnings from General Motors, Coca-Cola and 3M helped boost market sentiment.  At the closing bell, the Dow Jones Industrial Average gained 218 points to 46-924.  The S&P 500 rose a fraction of a point to 67-35.  The Nasdaq lost 36 points to 22-953.

 

>>Netflix Misses 3Q Estimates, Tesla Earnings On Deck 

(Los Gatos, CA)  --  Netflix missed earning estimates for the third quarter.  The streaming giant says the shortfall was a result of a dispute with Brazilian tax authorities.  Revenue met expectations at eleven-and-a-half-billion-dollars but earnings per share were more than a dollar short.  Coming up today, Tesla reports earnings after the closing bell.  Some analysts are predicting the electric vehicle maker's stock could rise to its highest level since last December on the results. 

 

>>HBO Max Raises Subscription Price

(Los Angeles, CA)  --  The cost of HBO Max is going up.  The streaming platform announced subscription prices increases for all three tiers on Tuesday.  HBO Max Basic with Ads will now cost eleven-dollars per month, HBO Max Standard is now 18-dollars-and-49-cents per month and the price for HBO Max Premium is up to 23-bucks per month.  The price jumps are going into effect immediately for new subscribers.  Current subscribers will be notified about the new prices 30 days in advance of their plan renewing.  This is the first price increase for HBO Max since June of last year.

 

>>Warner Bros. Considering Acquisition Offers

(Burbank, CA)  --  Warner Bros. Discovery says its open to a possible sale.  The company said it was undergoing a "review of potential alternatives" and had received "unsolicited interest from multiple parties" for purchase.  The offers have been for both the entire company as well as just Warner Bros. studios and streaming platforms.  This comes after Warner Bros. Discovery reportedly recently rejected an offer from Paramount Skydance.  The company said it "continues to advance its previously announced separation of Warner Bros. and Discovery Global" which is expected to be completed by April.

 

>>Gold Price Plummets As Investors Profit Off Record Highs

(New York, NY)  --  The price of gold is plunging as investors profit off record highs.  Gold hit an all-time peak on Monday at nearly 44-hundred dollars an ounce, as investors buy precious metals in times of economic uncertainty.  On Tuesday, gold dropped over five percent, its steepest decline in over five years.  Silver and platinum prices also plummeted.

 

>>Broadway Musicians Say They Will Strike

(New York, NY)  --  Broadway could be going dark later this week.  The union representing Broadway musicians say they will walk off their gigs as early as this Thursday if their contract demands are not met.  Musicians say they have been working without a contract since late August and they want a new deal with wages that accurately reflects how well the theatre industry is doing in New York City.  Both sides will meet with a mediator today in hopes of coming to an agreement.

 

>>Molson Coors Cutting Workforce In The Americas

(Chicago, IL)  --  Molson Coors Beverage Company is reducing its workforce in the Americas. The beer maker announced it would cut about 400 jobs, totaling roughly nine-percent of its Americas salaried workforce, by the end of the year as part of a corporate restructuring plan. Molson Coors' decision comes as U.S. alcohol companies grapple with uncertainties driven by cautious consumer spending and tariff-driven volatilities. The company plans to reinvest in its core categories of beers, non-alcohol beverages and energy drinks, and it expects to incur charges over 35-million-dollars in the fourth quarter. 

 

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