US Business

Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.

The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.

The one-night special marks the streaming service’s first foray into original live-news programming.

The company’s earnings missed expectations, the latest sign of how medical expenses are squeezing insurers’ government businesses.

PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.

The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.

The SEC’s comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.